SOUTH AFRICA HAD ENOUGH NOW OF THE ECONOMIC DESTRUCTION OF THE ANC GOVERNMENT -
South Africa is finally on its last legs to the total destruction of its economy. The people of the country are on their own to try and rescue the economy from the devastating socialist ideology of the ANC government.
The international economic community does not understand the main reasons for the serious problems and how to address this dire situation.
I am specifically referring to the World Bank, International Monetary Fund and international Central Banks such as the American Federal Reserve and the European Central Bank, Reserve Bank in South Africa as well as the credit rating agencies, Moody’s Analytics, S&P Global Ratings and Fitch Ratings.
The monetary policy of the international economic community, specifically its interest rate policy, can neither offer solutions to stimulate and create economic growth nor to contain the inflation rate and protect the value of the currency as it is the single biggest delusion in economic science that are also prescribed to and followed by the Reserve Bank in South Africa.
There is absolutely no evidence anywhere in the world to substantiate these assumptions. Mainly because the inflation rate is determined by all the local and international political and economic factors that have an influence on the demand for goods and services, and the value of the currency, respectively. Economic growth is, in fact, created by the supply and demand sides of the economy that is driven by the profit motive and nothing else.
To improve your understanding of the situation in South Africa you are referred to the articles below which will give you a much better understanding of the seriousness of the situation than just talking and listening to the socialist version of the ANC government itself.
Please do not come to South Africa again to try and tell us what the real problems in the country are that we are very familiar with if you do not understand the disintegration of our economy and cannot recommend solutions to the problems that are purely created by the socialist ideology of the ANC government for over more than two decades.
Your reports about South Africa have not yet made any difference or contribution to the solution of the ANC's destructive socialist ideology. The final countdown to the total destruction is at our doorstep!
Fanie Brink, Independent Agricultural Economist
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