T
@mokhathi
Tell no lies.
ID:17680235
27-11-2008 15:22:52
142,4K Tweets
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๐๐ป๐ณ๐น๐ฎ๐๐ถ๐ผ๐ป ๐ฎ๐ป๐ฑ ๐๐ป๐๐ฒ๐ฟ๐ฒ๐๐ ๐ฅ๐ฎ๐๐ฒ๐
Higher interest rates in South Africa is shifting purchasing power away from citizens to the foreign sector and bondholders. ( creating a slave class )
The interest expense is creating the countryโs current account deficitโฆ
Iโve also written an article to be published in this weeks Mmegi on how this #RandManipulation affects Botswana and whether itโs possible to manipulate the BWP
I will never get over the fact that the National Treasury has a funding strategy that is 100% dependent on borrowing. Whether it is ODA or regular loans, the money will have to be repaid all the same.
T
Vaxxed Tshepo ๐
Khulekani Magubane