10 January 2016
South Africans, please focus on the REAL issues in 2016
By Mike Smith
11th of January 2016
Last year ended with a blunder, a major stuff up by the President (yours not mine) when we saw three finance ministers in three days. The Rand plunged to an historical low of R16/$, yet Msholozi Showerhead said he made the correct decision to replace Nhlanhla Nene as Finance minister, saying the markets overreacted and people exaggerated the situation.
People overreacted to Nene’s sacking says Zuma
See? In his mind he never does anything wrong. He never says anything wrong. He is totally away with the fairies.
We haven’t recovered and probably never will. The Rand keeps falling to record lows and is now almost R17 to the dollar.
To put it into perspective: Four months ago, In August 2015 we were concerned when the Rand breached R13/$ …Now R20/$ is on the cards
“South Africa’s currency plunged 25 percent against the dollar last year, the worst performance after Brazil’s real among major peers tracked by Bloomberg.”
Economist Mike Schussler from Economists.co.za sketched a grim scenario for the South African economy should the rand lose 20% from its value against the greenback in 2016.
“If the rand should fall just another 20% over the next year then by the beginning of 2017 a dollar would cost R20. That R20/$ is on the cards so quickly is frightening for the country.”
The economy is in tatters. Destroyed by a moron of a president. The country is in the grips of a massive drought and will have to import maize to feed the masses at massive costs. The mines are closing one after the other and thousands of people are out of jobs. Matric results have fallen again and the ANC is stealing the country into bankruptcy…yet what are the people worried about…?
Social media dominated by Cliff, Sparrow racist name-calling and other trivial liberal bullshit
Who the hell cares who is a judge on Pop Idols and who not?
Hey? Where has the focus gone in this country? Is it just me or have South Africans lost track and are out of touch with the real issues facing this country?
Sometimes I feel like I can slap these sheeple back on track. Focus and save the country before it is too late, dammit.
Here is your focus for 2016…Get rid of Zuma, get rid of the thieving and corrupt ANC and get a real government in place…
And don’t forget that the Maceió Open Women’s Beach Volleyball tournament will be taking place in a few weeks time in Maceió, Brazil. Of course the highlight of the calendar will be the Rio 2016 Olympic Games in Brazil featuring 24 teams.