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What are the Causes of the current Economic Recession in South Africa: Could it be Remedied in a Short while; How? by cryptoandcoffee

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· @cryptoandcoffee ·
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What are the Causes of the current Economic Recession in South Africa: Could it be Remedied in a Short while; How?
<p>No it can't. The recession was bought on by high scale corruption in the government. It has been going on for years under President Zuma and he has manipulated government funds into private pockets.</p>
<p>There is no money left as it has all been stolen. Over half of the tax revenue paid over has been misspent or stolen. Businesses that used to rely on government business has disappeared taking the money away from the person in the street. The recent fuel hike is to generate more funds for the governments coffers but the question is what will happen with that revenue.</p>
<p>The Gupta brothers and Zuma managed to manipulate the system through bribes and threats to enrich themselves. The ministers in parliament were all on the payroll so there would be no whistle blowers. Zuma was in power for 8 years and they were doing it before he even was appointed.</p>
<p>The truth is that the corruption is so deep even though Zuma has been replaced by Ramaphosa it will take a new government to sort it all out. The chairman of the ANC party was implicated last week as a huge instigator trying to force the banks to keep the accounts open for the Gupta run businesses.</p>
<p>The police force has been bought by the officials and is not working like it should. The ministers managed to employ and position friends in high places so that they would be protected if anything happened.</p>
<p>The entire government,police force and other officials need to be removed before the country can recover. The next general election is next year and the entire country is praying that the opposition can win and sort the mess out. That is the only answer to fix these issues and there is a small chance of that happening.</p>
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@alaisguineasis ·
What are the Causes of the current Economic Recession in South Africa: Could it be Remedied in a Short while; How?
<p>"There is No Money Left as ALL has been Stolen" hmm!! Very scary statement here.</p><p>Good Morning!</p>
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