You ever prayed for something your whole life? I mean all you
dreamed about is this one thing. I mean you know it’s coming, you have the
faith and all that. But sometimes, sometimes you second guess yourself. That’s
human nature I suppose, second guessing. When life seems to take you more downs
than ups, seems like it gives you more losses than wins. But do you stand tall
and be bold? Or do you fold? Do you believe? See me I came a long way. Way too
far for me to stop now. Not that I would
stop anyways but I’m so close I can feel it, can you feel it?
It is no secret that the rand is falling like there is no tomorrow. This year alone it has fallen by over 18%. And if you look closely, at the last 3 years- it has fallen by 35%! This is not neglecting the economic setup where the slightest thing leads to ‘ toi toi. ' This trend of continuous striking and pay rate increase bargains has created such a vicious cycle. Prices rise, people strike, economy starts going through stuff. And we back at square one. We all know for sure that this cycle is bad. Zimbabwe and South Africa might not be different soon, only difference being that Zimbabwe chased the farmers, South Africa is chasing stabilisation. (Maybe the paradox of thrift (prompted by the large population) will save them! Hope so.) In Zimbabwe 2008, a lot of people made a lot of money from ‘burning money’. This was whereby people took advantage of the bank rate versus the ‘streets’ rate of forex. The streets rate for forex was lower than the bank rate. Problem wa...
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