Friday, 24 August 2018

QotD: "South Africa has until recently been a decent model for other [African] countries to orient their policies toward. But if the continent’s biggest economic engine moves more and more in the direction of Zimbabwe, then economic growth, investor confidence, and, most important, average people going about their daily lives will suffer not only in South Africa but in the nearby countries with which it trades and does business."


"South Africa has until recently been a decent model for other [African] countries to orient their policies toward. But if the continent’s biggest economic engine moves more and more in the direction of Zimbabwe, then economic growth, investor confidence, and, most important, average people going about their daily lives will suffer not only in South Africa but in the nearby countries with which it trades and does business."
~ John Fund, from his article, "Will South Africa Follow the Path of Zimbabwe?"
[Hat tip Samizdata]
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