Posted on Aug 6, 2018
How To Profit From The Inevitable Descent Of South Africa | Zero Hedge
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Venezuela followed that example, and is capitalizing on the results. Both are destructive right out of the box. For years, SA has a booming economy, what changed? Rhetorical question.
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In the '70's Idi Amin kicked all of the Asian business people out of Uganda and gave the businesses to Ugandans. In not too many years everything was bust. They did nothing to stabilize the businesses. They literally "ate the seed" (profits) and did nothing to bolster the business. Watch it happen in South Africa. Uganda has been actively bringing the Asian businessmend back.
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