South Africa facing economic conundrum because of its uncompensated land grabs

Forbes:
South Africa Land Seizures Begin, Economic Decline Accelerates
By abandoning a market-based economy South Africa loses the benefits of some US programs and the value of its currency immediately dropped.  South Africa is making the same mistake Zimbabwe made with similar land seizures.

Comments

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

29 % of companies say they are unlikely to keep insurance after Obamacare

Bin Laden's concern about Zarqawi's remains