South Africa sliding downhill while rest of continent clawing its way up

ScienceRocks

Democrat all the way!
Mar 16, 2010
59,455
6,792
1,900
The Good insane United states of America
South Africa sliding downhill while rest of continent clawing its way up
The Economist ^ | October 20, 2012
Sad South Africa: Cry, the beloved country | The Economist


NOT so long ago, South Africa was by far the most serious and economically successful country in Africa. At the turn of the millennium it accounted for 40% of the total GDP of the 48 countries south of the Sahara, whereas Nigeria, three times more populous, lurched along in second place with around 14%. The remainder, in raw economic terms, barely seemed to count. Despite South Africa’s loathsome apartheid heritage, solid institutions underpinned its transition to democracy in 1994: a proper Parliament and electoral system, a good new constitution, independent courts, a vibrant press and a first-world stockmarket. Nelson Mandela, whose extraordinary magnanimity helped avert a racial bloodbath, heralded a rainbow nation that would be a beacon for the rest of Africa.

Since then, Africa, once harshly labelled by this newspaper as “the hopeless continent”, has begun to make bold strides (see article). Meanwhile South Africa, though still a treasure trove of minerals with the most sophisticated economy on the continent, is on the slide both economically and politically (see article). By some calculations Nigeria’s economy, messy as it is, will overtake it within a few years. What went wrong with South Africa, and how can it be fixed?

This is what happens when your population is full of idiots that want something for nothing that elects idiots. SOCIALISM IS THE WORSE DISEASE EVER TO spread throughout this world. It is a sickness.
 
Last edited:
South Africa sliding downhill while rest of continent clawing its way up
The Economist ^ | October 20, 2012
Sad South Africa: Cry, the beloved country | The Economist


NOT so long ago, South Africa was by far the most serious and economically successful country in Africa. At the turn of the millennium it accounted for 40% of the total GDP of the 48 countries south of the Sahara, whereas Nigeria, three times more populous, lurched along in second place with around 14%. The remainder, in raw economic terms, barely seemed to count. Despite South Africa’s loathsome apartheid heritage, solid institutions underpinned its transition to democracy in 1994: a proper Parliament and electoral system, a good new constitution, independent courts, a vibrant press and a first-world stockmarket. Nelson Mandela, whose extraordinary magnanimity helped avert a racial bloodbath, heralded a rainbow nation that would be a beacon for the rest of Africa.

Since then, Africa, once harshly labelled by this newspaper as “the hopeless continent”, has begun to make bold strides (see article). Meanwhile South Africa, though still a treasure trove of minerals with the most sophisticated economy on the continent, is on the slide both economically and politically (see article). By some calculations Nigeria’s economy, messy as it is, will overtake it within a few years. What went wrong with South Africa, and how can it be fixed?

This is what happens when your population is full of idiots that want something for nothing that elects idiots. SOCIALISM IS THE WORSE DISEASE EVER TO spread throughout this world. It is a sickness.

My opinion? I think South Africa is regressing due to reckless affiliation with Western nations the people rightfully distrusted for years.
 
South Africa sliding downhill while rest of continent clawing its way up
The Economist ^ | October 20, 2012
Sad South Africa: Cry, the beloved country | The Economist


NOT so long ago, South Africa was by far the most serious and economically successful country in Africa. At the turn of the millennium it accounted for 40% of the total GDP of the 48 countries south of the Sahara, whereas Nigeria, three times more populous, lurched along in second place with around 14%. The remainder, in raw economic terms, barely seemed to count. Despite South Africa’s loathsome apartheid heritage, solid institutions underpinned its transition to democracy in 1994: a proper Parliament and electoral system, a good new constitution, independent courts, a vibrant press and a first-world stockmarket. Nelson Mandela, whose extraordinary magnanimity helped avert a racial bloodbath, heralded a rainbow nation that would be a beacon for the rest of Africa.

Since then, Africa, once harshly labelled by this newspaper as “the hopeless continent”, has begun to make bold strides (see article). Meanwhile South Africa, though still a treasure trove of minerals with the most sophisticated economy on the continent, is on the slide both economically and politically (see article). By some calculations Nigeria’s economy, messy as it is, will overtake it within a few years. What went wrong with South Africa, and how can it be fixed?

This is what happens when your population is full of idiots that want something for nothing that elects idiots. SOCIALISM IS THE WORSE DISEASE EVER TO spread throughout this world. It is a sickness.

My opinion? I think South Africa is regressing due to reckless affiliation with Western nations the people rightfully distrusted for years.

Blaming the white man again! It must be convenient to be black. When I fail, when I slaugher other black men and women, when I rape babies, all I have to do is blame it on the white man and all is forgotten!
 
South Africa sliding downhill while rest of continent clawing its way up
The Economist ^ | October 20, 2012
Sad South Africa: Cry, the beloved country | The Economist


NOT so long ago, South Africa was by far the most serious and economically successful country in Africa. At the turn of the millennium it accounted for 40% of the total GDP of the 48 countries south of the Sahara, whereas Nigeria, three times more populous, lurched along in second place with around 14%. The remainder, in raw economic terms, barely seemed to count. Despite South Africa’s loathsome apartheid heritage, solid institutions underpinned its transition to democracy in 1994: a proper Parliament and electoral system, a good new constitution, independent courts, a vibrant press and a first-world stockmarket. Nelson Mandela, whose extraordinary magnanimity helped avert a racial bloodbath, heralded a rainbow nation that would be a beacon for the rest of Africa.

Since then, Africa, once harshly labelled by this newspaper as “the hopeless continent”, has begun to make bold strides (see article). Meanwhile South Africa, though still a treasure trove of minerals with the most sophisticated economy on the continent, is on the slide both economically and politically (see article). By some calculations Nigeria’s economy, messy as it is, will overtake it within a few years. What went wrong with South Africa, and how can it be fixed?

This is what happens when your population is full of idiots that want something for nothing that elects idiots. SOCIALISM IS THE WORSE DISEASE EVER TO spread throughout this world. It is a sickness.

so you are saying that South Africa and the USA are alike?
 
South Africa sliding downhill while rest of continent clawing its way up
The Economist ^ | October 20, 2012
Sad South Africa: Cry, the beloved country | The Economist


NOT so long ago, South Africa was by far the most serious and economically successful country in Africa. At the turn of the millennium it accounted for 40% of the total GDP of the 48 countries south of the Sahara, whereas Nigeria, three times more populous, lurched along in second place with around 14%. The remainder, in raw economic terms, barely seemed to count. Despite South Africa’s loathsome apartheid heritage, solid institutions underpinned its transition to democracy in 1994: a proper Parliament and electoral system, a good new constitution, independent courts, a vibrant press and a first-world stockmarket. Nelson Mandela, whose extraordinary magnanimity helped avert a racial bloodbath, heralded a rainbow nation that would be a beacon for the rest of Africa.

Since then, Africa, once harshly labelled by this newspaper as “the hopeless continent”, has begun to make bold strides (see article). Meanwhile South Africa, though still a treasure trove of minerals with the most sophisticated economy on the continent, is on the slide both economically and politically (see article). By some calculations Nigeria’s economy, messy as it is, will overtake it within a few years. What went wrong with South Africa, and how can it be fixed?

This is what happens when your population is full of idiots that want something for nothing that elects idiots. SOCIALISM IS THE WORSE DISEASE EVER TO spread throughout this world. It is a sickness.

Which countries in Africa are the say are emerging? I they mention Nigeria, but they are stuck between a Slight Christian population fighting a violent and billigerent Muslinm minority. It's a quiet and ignored secular civil war. They are high in poverty, murder, rape, starvation, AIDS and a very uneducated population. They are blessed with the Black Crack (oil), but is this early an emerging nation? Is this really the only example the economist can provide? Wow!
 

Forum List

Back
Top