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Thu Feb 28, 2019, 08:45 PM

South Africa's ANC Needs Just 5 Years To Destroy The Economy & The Country, Economist Warns


Published time: 28 Feb, 2019 12:56

South Africa’s stagnating economy and exponential government spending mean that 2024 could be the year its cash reserves run dry, according to independent agricultural economist Fanie Brink.

“Government spending increases every year uncontrollably, but it does so at an exponential rate. That will also increase the debt burden to the same extent in the near future,” Brink was quoted as saying by the South African news website.

He added that “The only solution to these problems is a total return to a capitalist economic system, which encourages healthy growth.”

According to the economist, with more than 40 years of experience in the agricultural industry in South Africa, “The chance that the ANC government, as well as the politicians and the ‘economic specialists’ will ever understand and accept it, is clearly not a strong possibility.”

That is why the ANC government “will only need at most another five years to destroy the economy and the country,” he said.

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https://www.rt.com/business/452656-south-africa-anc-crisis/

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Reply South Africa's ANC Needs Just 5 Years To Destroy The Economy & The Country, Economist Warns (Original post)
RCW2014 Feb 2019 OP
Frankenvoter Feb 2019 #1
cologeek Feb 2019 #2
Oldgeezer Feb 2019 #3

Response to RCW2014 (Original post)

Thu Feb 28, 2019, 10:01 PM

1. The South African model is what they want for Amerika

Just a few more years of whiny sniffling about land stolen from the indians being worked with slave labor to arrive at the Amerika we have today and it's time to just eliminate whites from being allowed to vote and that will make it ALLLLLLLL better.

Except it wont, and the UN knows that, as they will swoop in to "restore order" and rape unwilling denizens while in town patrolling, the pieces of shit.

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Response to RCW2014 (Original post)

Thu Feb 28, 2019, 10:44 PM

2. I have faith in the ANC. They won't need anywhere near five years to get the job done.

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Response to RCW2014 (Original post)

Thu Feb 28, 2019, 10:47 PM

3. More RT horseshit....please proceed...Putidude

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