South Africa nose-diving into JUNK economic status!!! – Ratings downgrades: wake-up call for SA – My Comments
(000228.79-:E-000157.73:N-:R-SU:C-30:V)
Video & Audio: Israeli Snipers were killing American Soldiers in Iraq
This is an extremely nasty story which I suspect has been totally covered up by the Mass Media. It appears this was well known to American soldiers and officers who fought in Iraq after 911. This story is probably classified.It is about (IDF) Israeli Defence Force snipers engaging in false-flag operations and killing American troops.
[This is beautiful. Let the ship be torpedoed and sunk. It's long overdue. Goodbye Liberalism, goodbye Globalism! Between you and me, I don't think they have a hope in hell of "restarting the economy". I am enjoying this. Sink the ship! Jan]
Ratings agencies took analysts and the government by surprise at the start of the weekend. South Africa plunged deeper into junk territory after Moody’s Investors Service joined Fitch Ratings in lowering the country’s credit ratings to a level worse than in 1994 (full details, here).
The National Treasury has warned that spending cuts and tax increases are on the table, and to expect more economic pain of the order caused by the Covid-19 shutdowns – in particular business closures and job losses. It seems to put much of the blame on the Covid-19 pandemic, urging South Africans to adhere to rules aimed at curbing the spread of the disease to avoid stricter rules.
But it’s clear South Africa cannot afford another lockdown. What’s more, the investment community is unimpressed with plans and strategies set out by President Cyril Ramaphosa and Minister of Finance Tito Mboweni in recent months to revive the economy.
As Stanlib chief economist Kevin Lings underscores: the downgrades reflect ‘significant and sustained deterioration’ in the SA economy and government finance. Bright spots include SA’s exchange rate flexibility, credible monetary policy, a well-capitalised and regulated financial sector, deep capital markets and moderate external debt. But, he says, there is no substitute for high economic growth accompanied by job creation.
Source: https://www.biznews.com/undictated/2020/11/23/ratings-downgrades-south-africa
Video: S.Africa: Untold Story: When Whites tried to build tens of millions of houses for Blacks
In this video I show some private photos that I have and I tell the story of how many times Whites set out to build millions of houses for Blacks in South Africa even under Apartheid, and how the ANC ruling party was spiteful and how they DESTROYED the efforts of the Whites.