South African youth leader calls for nationalization, land seizures

Discussion in 'Africa' started by High_Gravity, Jun 24, 2011.

  1. High_Gravity
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    High_Gravity Belligerent Drunk Supporting Member

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    South African youth leader calls for nationalization, land seizures

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    ANC Julius Malema: South African youth leader calls for nationalization of mines, land seizures - latimes.com
     
  2. martybegan
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    martybegan Gold Member

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    This may work in SA, as opposed to Zimbabwe, as the world does need SA's minerals, it didnt need Zimbabwe's or thier agricultural products.

    It is still a stupid idea, as it will lead to further white flight, lack of investment, and probably a loss of productivity.

    Of course, the enrichment of those government officals who take over said nationalized industries, as well as thier political bosses, can almost be assured.
     
  3. High_Gravity
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    High_Gravity Belligerent Drunk Supporting Member

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    I don't like it, reminds me too much of what Mugabe did in Zimbabwe, its going to chase away alot of the white people and turn South Africa into a bigger shit hole than it already is.
     

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