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Frans Cronje on Trump v ANC: The Uber Truth - SA running risk of ’85-type sanctions

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In this robust assessment of the ANC’s reaction to US President Donald Trump’s recent pronouncements, political scientist Dr Frans Cronje points out parallels with what led to SA’s economic crash that followed PW Botha’s Rubicon speech in 1985. Cronje explains that unless the ANC leaders stop finger-wagging and actually listen to what the SuperPower is telegraphing - particularly, SA aiding Iran’s nuclear weapon ambitions - the country risks a disaster similar to the 1985 Debt Standstill that sent SA interest rates to 25%, collapsed thousands of SA businesses, sent hundreds of thousands into unemployment and sparked a wave of corporate disinvestment. He spoke to BizNews editor Alec Hogg.
10 Feb 6AM English South Africa Investing · Business News

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