South Africa has been living on credit until lenders said no more.

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  • I wonder if the ANC Voters are aware of this danger, their Party is taking us through and the consequences thereof.

  • They got a 12 Billion windfall tax on 2 pot and still don’t have enough plus the vat from all the people spent on the money they withdraw ,how deep where we before this ? At last budget speech this was not in budget yet or where they liking their lips in anticipation. ?

  • The citizens of South Africa did Not make those loans ..South Africa Needed nothing .. everything were running smoothly and all that was needed to bring this country to its decline and poor state was the greed and corruption from incompetent illiterate thieves

  • I wish Mike one day can speak the truth about why the majority of black South Africans are excluded from the economy… for as long as you are feeding your crap analysis, people might think you’re smart whilst you feeding this neoliberal nonsense narrative

  • You are correct Mike, but there’s is something you are ommiting from your analysis that South Africa is a rich state that allow companies like Bidvest and likes to loot send our money to Europe keep it there not investing here but making billions out of South Africans and all this is done purposely to collapse a black government, in actual fact the ANC has been captured by Capitalists since 1994,until radical change take place nothing will change

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