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South Africa’s Scandal-Hit State Firms Put Economy on ‘Cliff’s Edge’. Major companies veer toward bankruptcy, as rolling blackouts choke economic growth
Wall Street Journal ^
| December 31, 2019
| Alexandra Wexler
Posted on 12/31/2019 4:54:39 AM PST by karpov
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Running the government and large companies using patronage and racial preferences leads to chaos.
1
posted on
12/31/2019 4:54:39 AM PST
by
karpov
To: karpov
2
posted on
12/31/2019 4:55:03 AM PST
by
dfwgator
(Endut! Hoch Hech!)
To: karpov
To: karpov
4
posted on
12/31/2019 5:10:10 AM PST
by
polymuser
(It's discouraging to think how many people are shocked by honesty and so few by deceit. Noel Coward)
To: dfwgator
Free Nelson Mandela?
Free everything!!!!!
5
posted on
12/31/2019 5:11:33 AM PST
by
Repeat Offender
(While the wicked stand confounded, call me with Thy saints surrounded.)
To: Repeat Offender
I ain’t gonna play Sun City!
6
posted on
12/31/2019 5:12:26 AM PST
by
dfwgator
(Endut! Hoch Hech!)
To: karpov
We all knew it was only a matter of time. And as things get worse more whites will leave and the downfall will accelerate. The Chinese will be happy to come in and help out for a price.
7
posted on
12/31/2019 5:18:22 AM PST
by
vladimir998
( Apparently I'm still living in your head rent free. At least now it isn't empty.)
To: dfwgator
Free Mandela with the purchase of the value meal!
8
posted on
12/31/2019 5:18:43 AM PST
by
Mikey_1962
("Good people do not need laws, bad people will find a way around them" Plato)
To: vladimir998
And as things get worse more whites will leave be murdered and the downfall will accelerate
9
posted on
12/31/2019 5:24:19 AM PST
by
riri
To: karpov
Corruption in state owned businesses? Surprise, surprise, surprise....
10
posted on
12/31/2019 5:25:38 AM PST
by
sphinx
To: vladimir998
When you are in that region, you see a lot of stuff being financed by Taiwain, some ANZAC/England, and A LOT of Islam related projects going in. This is happening throughout the area in South Africa, eSwatini, Lesotho, Mozambique and Zimbabwe. We are keeping tabs on all of it though...
In this lovely new US Embassy in Ezulwini, Hhohoho, eSwatini (a nation about 2/3 the size of New Jersey, with 1 Million people, a polygamous easily bought absolute monarch, and no significant economic, cultural, or technological ties to the US). https://goo.gl/maps/cDAuhFW46LJDf8w48 It is 6 stories tall, and has another 3? 4? stories under ground, with direct LoS to the airport at Matstapha, just southeast of the embassy.
11
posted on
12/31/2019 5:39:29 AM PST
by
L,TOWM
(An upraised middle finger is my virtue signal.)
To: karpov
I don’t get it, the Blacks took over and confiscated all the Farms, Factories and Industries owned by the evil White Men, they should be doing great ??
12
posted on
12/31/2019 5:39:38 AM PST
by
eyeamok
To: karpov
I’m shocked I tell ya, shocked!!!
To: Midwesterner53
They are going to loot the country and then complain there is nothing left to steal
14
posted on
12/31/2019 5:58:58 AM PST
by
AppyPappy
(How many fingers am I holding up, Winston?)
To: AppyPappy
Coming soon to the West Coast.
15
posted on
12/31/2019 6:08:13 AM PST
by
oldasrocks
(Heavily Medicated for your Protection.)
To: karpov
This is what happens after Socialism takes over and “other peoples money” that has been built up by Capitalism runs out.
16
posted on
12/31/2019 6:12:18 AM PST
by
Opinionated Blowhard
(When the people find that they can vote themselves money, that will herald the end of the republic.)
To: karpov
White people did build that.
Too bad they had to flee for their lives....
17
posted on
12/31/2019 6:15:03 AM PST
by
cgbg
(The Democratic Party is morphing into the Donner Party)
To: AppyPappy
No Bail Out from us. Absolute Power failure. They’re dead but don’t know it yet.
To: karpov
Send Charlize Theron back to fix it. She is so proud of what SA has become since Mandela was freed and started the ball rolling into running country into the ground.
19
posted on
12/31/2019 6:27:21 AM PST
by
DAC21
( and Naflet)
To: karpov
SA used to be one of the jewels of Africa along with Rhodesia.
Combining black rule with socialism destroyed them both.
L
20
posted on
12/31/2019 6:29:19 AM PST
by
Lurker
(Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
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