Prof André Roux, USB and USB-ED faculty member, shares his insights with us on what the implications of the credit rating downgrade to junk bonk status means.
Feel free to tell us what you did from your side to make SA a better place??? To sit on the side line moaning about everything.. Is easy...doning something about it...Not.Why must the government do everything for you???
they are already taking the farms that were seized. You know those land grabs without recompensation? For the Chinese. Not for any of our people at all.
if this is happening why doesn't SA close off all relations internationally with regard to the economic "growth" ? and from their on proceed to self sustainable methods of providence for its people? alternative sources of energy, the research has already been done (and suppressed), consolidation and application is what is needed. wouldn't this build a powerful economy and secure a better future for its people in the years to come?
“Waiting for a few years and wondering about it” Really? Are government guilty of failing to try and avoid this or has corruption just blinded them? We have had a “change in leadership” but the issue is that the former leadership are still not in jail.
Thank you Prof Roux. Concise yet comprehensive summary of the implications of the junk status credit rating on SA.Very helpful and enlightening.
This is from 2017 we bounced back, but here we are again 3 years later.
I respect you sir, you speak professionally. Looking at negative and positive. Thank you. This country need more of you. Sir.
From powerhouse of Africa to banana republic, and all this in 25 years. Well done ANC, you have turned gold into dung.
It's this uselessness of the ANC government! I think a upgrade will take the anc 1000 year's
Feel free to tell us what you did from your side to make SA a better place??? To sit on the side line moaning about everything..
Is easy...doning something about it...Not.Why must the government do everything for you???
If they lucky
This is a chance to make money for those who know how.
I'm sure china will happily step in & help in exchange for a few mines & maybe a harbour or two.
they are already taking the farms that were seized. You know those land grabs without recompensation? For the Chinese. Not for any of our people at all.
@@gaynordeklerk8152 True. The Aussie's have a similar problem with them.
Is this the excuse to take the pension fund.
All we need so is isolate, sit back and then watch their false claims of CV's work for them!
From First World to Third World in less than 3 decades. Welcome to South Africa.
Dear Prof Roux/USB. Awesome, short and informative update. Thank you!
(I suggest you get that mole on your upper chest checked out)
if this is happening why doesn't SA close off all relations internationally with regard to the economic "growth" ?
and from their on proceed to self sustainable methods of providence for its people?
alternative sources of energy, the research has already been done (and suppressed), consolidation and application is what is needed.
wouldn't this build a powerful economy and secure a better future for its people in the years to come?
With what money???
B L A C K ... Privilege - Right ? How's That Working For Y'all ?
“Waiting for a few years and wondering about it” Really? Are government guilty of failing to try and avoid this or has corruption just blinded them? We have had a “change in leadership” but the issue is that the former leadership are still not in jail.
I can't see how this country will ever recover. By the way, the subtitles are terrible.
An african "developing country". Used all over the world, but no one ventures to speculate 'developing into what' ?
This came out in 2017
you cant cough in front of me during this time of COVID-19
Welcome to the Banana Republic. A failing economy and failing state.
GG WP
Everything For Free
Yip.ANC just died at the election poles
NO they didn't the boogies will still vote for them because they're all TAPS. THICK AS PIG SHIT