Made TVNZ news again tonight. What a joke SA is becoming!!!! The world is watching. Hopefully all those liberals from the 80s will see how wrong they were about black majority rule!
NZ might be watching, but mostly the world is no longer interested in SA. They got what they wanted in the early 90's and now they've turned their attention elsewhere..
I disagree, and this is my opinion, if you dont share my centiments,so be it.
The money mongers of the world, had to have south Africa with a corruptable government
in order to get their hands on the mineral wealth without having to go to war to do it.
The method to obtain this is to lend them as much as possible,
and when the economy is growing at top speed beeing fertilised with borrowed money,
you start demanding payback and economic collapse is unavoidable.
So now you make noises of writing off the debt in exchange for the mineral wealth,
wich is already state owned, because that was the first thing your advisors told them to do.
Only problem is, China was lending much more and much faster than anglo american
and their partners !
It was on the news last week or the week before,
not exactly sure when, that the deficit on the national account is the highest since 1982,
and the very next day, the european union are very concerned at the rate of wich China
is aquiring mining rights of specifically coal and diamonds in sub sahara africa.
I think the closing bell is ringing for South Africa, but nobody is listening.
Why do I say so ?
The interest rates is going up again in January, why ?
The interest rate hikes of the past year or so is touching the consumers purse,
so they lend more money to repay debt, paying credit cards with credit cards etc,
so the personal debt per capita increases, something the government is
trying to decrease by hiking interest rates.
This in turn makes less money available for personal savings,
increasing the national deficit, wich increases inflation and so forth.
Adding to this the communist way of thinking of Zuma,
wich discourages foreign investment and the future looks even bleaker.
To sum it up...........
THE END IS NIGH !!!!!!
