'Debt as high as our GDP tells you this country is bankrupt. And sooner or later, we will have IMF and World Bank knocking on our door, and as they usually do elsewhere, take over the running of this country. It’s coming.' ⤵️
From unstable municipalities, fraud and corruption, crime, the immigration crisis to the
Pityana said with the rising unemployment rate and the high debt-to-GDP ratio, the country is on a precipice.He said South Africans and government prefer not to think about what the country faces, “doing nothing and believing that nothing will happen”. Increasing labour strikes by unions and everyday protests are having a serious impact on the country, with strikes settled for a very small difference.
“Listening to his Sona speech, you wouldn’t think we are in the same country I just described to you. There is no sense of urgency, emergency or crisis, no rallying call to wake up, telling citizens we need to do something extraordinary to get ourselves out of the mess we are in.
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