The year 2020 is when China estimates that its current minerals-intensive industrialisation phase will be concluded, a process that forced up the prices of South African minerals, said Mbeki. When that happens, the ANC government will have to cut back on social grants “which it uses to placate the black poor and to get their votes”, he wrote. That is the day “when the masses rise against the powers that be”. Tunisia Day refers to the start, in 2010, of what became the violent Arab Spring. It led to the overthrow of the Tunisian government a month later, and was followed by turmoil – and in some cases, civil war – in Egypt, Syria, Oman, Morocco, Libya and Yemen. Sooner than expected It seems as if Mbeki was wrong. Well, at least about the date - and the cause of our own turmoil. If nothing drastic changes soon, South Africa could face instability well before 2020 - and we won’t be able to blame the Chinese or anyone else. The crisis is almost completely homemade. The term ‘perfect storm’ has become a bit over-used, but it’s certainly applicable now. This meteorological term is used to describe a combination of events or circumstances creating an unusually bad situation. That is what’s on South Africa’s horizon right now – in fact, the first clouds are already darkening our skies and the winds are picking up. It’s a storm that could lead to a fundamental reorganisation of political forces and indeed the end of ANC rule. But it could also lead to instability, which could further compound the destructive impact of the storm. Zuma: The turning point today.moneyweb.co.za/article.php…
Posted on: Sun, 09 Nov 2014 09:56:50 +0000
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