The new South African finance minister, Nhlanhla Nene, has announced that the government will print billions of dollars worth of the national currency and hand it out to poor black people so that “everyone will be rich.” What could possibly go wrong?
Mr. Nene, who made a dramatic return to his former position as head of National Treasury in President Cyril Ramaphosa’s new Cabinet, has spoken on a array of issues, but it’s his startling plan to “fight poverty” by forcing the reserve bank to “print more money” that has led many analysts to compare his plan to that of a 4-year-old child.
“South Africans are continuing to be poor when we can print more money to ensure that everybody has it. Our people are poor because there is a shortage of money in the country. It’s not the shortage of jobs that makes people poor, it is the shortage of money. We have paper and ink, so we will print more money and give it to the poor, and make all of them billionaires if that is possible.” Nene said.
BYPASS THE CENSORS
Sign up to get unfiltered news delivered straight to your inbox.
You can unsubscribe any time. By subscribing you agree to our Terms of Use
The minister did not say how much more money will need to be printed. But he did reveal that this plan will be executed in in the next two months or so, and that every South African will be rich.
Mr. Nene may be correct in stating that everyone in South Africa will be a billionaire. However they will be billionaires in a currency that will have collapsed to the point of worthlessness.
The eyebrow-raising announcement follows hot on the heels of another disastrous policy announcement by the new government of South Africa. Last week the government announced that white land will be confiscated without compensation and handed to black South Africans.
The government announcement is the latest move that matches the failed policies of neighboring Zimbabwe under deposed dictator Robert Mugabe, who also confiscated land from white farmers, and printed so much money that the national currency became virtually unusable because of extreme hyperinflation.
What a load of bull crap. I live in South Africa and he has not said that at all. Where is your source material Baxter Dmitry?
I also live in Sith Ifrica.. and he DID say it on the news the other night….. and soon we will all be rich…..
liar. i’ve searched it in all news pages, and the only ones showing this crap, with no video or audio, are little websites with no credibility.
jip, fake news generated for click bait and who knows what other reasons
Thats fake news. After reading such article it should have triggered your mind to do a research before you can post it. This article is only found on websites where you find multiple adverts, they using such topics to get traffic. You really are a transparent idiot, retard would be a compliment when describing you.
And if you continue reading this on those websites it is slightly changed but the rest remains the same (copy and paste), it is likely that those websites are owned by 1 person or a group of people who work together generating traffics for their websites using different topics that catches the eyes of idiots like you.
You’re bot aren’t you… all you post is “Thats fake news”. Any news from Africa about prosperity is likely fake news. Name a world renowned and successful African economist. Pro-tip: Mugabenomics doesn’t count.
S.Africa is fk’d, persecuting white farmers and now printing their currency to make everyone rich. Africa is just economic Darwinism at it’s finest. Necklace yourself pal.
A jelly fish fish has survived almost 650 million years despite not having brain and it gives hope to people like you. The stats are absolutely not true about white farmers. Can you provide me with a number of murdered white farmers and also compare that number to SA white population? When you done also try to google why there were murdered. Than after don’t forget to compare those statistics or information you find with European countries and north american countries. Than afterwards you can raise such questions. I have tried to lower my thinking ability in order to occupy you average IQ and still your comment doesn’t make sense.
Challenging arguments and encouraging people to check their facts is excellent but calling strangers retards is an ad-hominem and is not OK. Please act more mature online.
& lets not forget they are killing and dispossessing White farmers of their farms. Next Starving millions in Africa yet again. You know what though, let them F***ing starve this time, it’s simply evolution. Antelope don’t feed Zebra, and Jews sure as hell don’t give aid, all they do is receive aid. Nature is about survival. A whole generation in the West can’t afford to buy a house now thanks to the Jewish FED. White people are getting wiped out, it’s time we looked after our own.
Wont matter ,within 3 years SA will be begging the world for food and fuel
Thats fake news. After reading such article it should have triggered your mind to do a research before you can respond. This article is only found on websites where you find multiple adverts, they using such topics to get traffic. You really are a transparent idiot, retard would be a compliment when describing you.
And if you continue reading this on those websites it is slightly changed but the rest remains the same (copy and paste), it is likely that those websites are owned by 1 person or a group of people who work together generating traffics for their websites using different topics that catches the eyes of idiots like you.
about as fake as your post
Face it White Anglo’s built great civilisations, blacks never did and destroy what’s given to them. Jews never did either – only traded for money, personal gain. With massive subsidy from Western Tax slaves Israel would not exist. It is what it is.
Thats bullshit stoop being spoon feeded by the media, Anglo never did any civilizations for South Africa. Except taking billionaires out of the county with the help of Rupert’s. In North West province in South Africa they have a mining company called Anglo American you will find shacks behind that company that also refused to give their workers a living wage.
Oh look Baster is posting a complete lie again
ooooot ooooot oooot eeee eeeee eee ahhhhahhhhaaaahhhhh!! monkeys!
We be south Africa we kill whites take farmland even tho we can no gro nothing except stupid and then we beg white foreighn powers for money then GOD SMITE US TO HELL FOR OUR CURSE AND STUPIDITY! AND MURDER!! FREE WHITE SOUTH AFRICA!
Fake News, no state would allow that.
Zimbabwe?
Venezuala
Brazil
Greece
Egypt
Thats fake news. After reading such article it should have triggered your mind to do a research before you can post it. This article is only found on websites where you find multiple adverts, they using such topics to get traffic. You really are a transparent idiot, retard would be a compliment when describing you.
And if you continue reading this on those websites it is slightly changed but the rest remains the same (copy and paste), it is likely that those websites are owned by 1 person or a group of people who work together generating traffics for their websites using different topics that catches the eyes of idiots like you.
Yes there are tons of fake news sites
And yet living in south africa
Statements of beetroot and such to cure aids etc was true
So no statements like these can be regarded as fake news in some countries
Unfortunately south south is not one of those
As the intelect of the politicians is not to far removed from the voters that placed them in power
No i did bot even read the article
I noticed the heading
Checked found it to be fake news and said thank goodness this was not the same as the beetroot statement
But dont worry our politicians will deliver statements in the future that will be testing the fake news barometer still
The old yarpie keeps moaning about ‘intelect’. But can’t even spell it. What a retard. Clearly failed by the public schooling system.
Time to take your ancient old car that no one cares about to the scrap yard and yourself to the rus oord. Retarded old timer.
Retard wrong thread
Old yes still better than a new vivo though
No – you are moaning about ‘intelect’ everywhere retard.
Only a senile idiot would compare an ancient entry level family salon to a budget cheapie car. idiot.
Polo vivo probably faster than that underpowered 20 year old barge. Lol
Yes i have to give it to you
Thr polo gti 6.7 secs 0-100
And 236 top speed
Vs 7.1 and 231
Yes 20 years and it can better that barely
But will stil stil lose the mountain pass test vs that bm
I used that oldy as an example
Its not my religion
And yet this is what the car of the year contest does every year compare cars from different price and segments of the market
And which is what i said
So if you had your head out your ass
And a bit of commonsense
You would not have just argumented for argument sake
Lol – that car is sooo old even a cheapie student car is faster. The world has moved on without you.
Lol top of polo line does not represent student car
Missing the point
Does polo have vatiable valve timing
Can a polo unlock the door if a kid has the handle up? Or do you need to shuffle through the lock unlock procedure or lean over the seat to unlock that door
Has the competition surpassed this 20 year old sedan
Or just caught up
Which is what i am actually saying
Does these cheapies deserve car of the year awards if they only managed to catch up in certain aspects not all to a 20year old!
Let alone compared to the new variants of this specific car
Tons of new cars struggle to keep up with an e39 m5 on the fanous german circuit
So no on handling not many has caught up with the e39 sedan i am not preaching that the e39 is the best car ever
Just that being car of the year should be an award for inovation not who has not had one
You are fully retarded to compare that old trash to this new cheapie student car. No one cares about that old BMW. It was not even the best back then. It would not win an award for anything today. It is trash. Get over it. The 528 with the anemic engine did not introduce anything new into the market. No innovation. ‘Parking sensors’ sooo innovative.
You seem amazed that cheapie cars are not faster than an M5 on a ‘fanous’ circuit. They are for entirely different markets. No one is cross-shopping an ancient m5 and a vivo. Why compare them?
Don’t be a retard. It is like saying the 2018 M5 is not as good offroad as a 1980 hilux. Jesus – you have had one too many to drink and think this is a braai.
Old people should be banned from the internet. No one cares about your obsolete ‘classics’. use your public school ‘intelect’ for a bit.
I did not limit my statement about the ring too the polo
Some so called sports cars struggle to keep up to that old m5 let alone the lovely v10 e60 that replaced it and later models
Knowing history does not makr you old
Postintg a reply in the wrong thread does though
I am not in the wrong thread Mr ‘Intelectual’. Time to sober up and take those meds. ONly a senile retard would compare cars across classes. “I am in the market for a student cheapie… or a v10”. Lol. Retarded yarpie.
Even the cheaper cars have variable valve timing. It has been around since before 1910. So much for all that ‘fanous’ BMW innovation and ‘intelectualism’.
You are such an ‘intelectual’.
The most famous was of course Weimar Germany in the 1920s.
I searched for this and could not find any video of him saying this, nor any sites which would report on it if it were true. Hmmm, just found out this is not a serious site.
Yea thats the one problem with the competence of SA parliament, you cannot just say its fake news which it seems it is, you have to say to yourself constantly please let this be fake repeatadly ,while you research if its true or not,
Maybe its time for a competency ,admitance exam for parliament
I mean you dont choose the dumbest person in your family to make the financial and other decisions in your home do you,maybe its time to vote for a president not a party to then apoint a president, yes the lastest one may be better rhan the former, but expropriation without compensation, effect on economy can only mean one thing no foreign investment and more competent contributing members of society looking for greener pastures?
You are a yarpie if you are stupid enough to have fallen for this.
This guy has a Date with a torch wielding mob and a machete.
No More Tito Moboweni for cassper Nyovest
Can you guess in which country Bitcoin is gonna trade very soon at a $3,000 premium compared to the mid-market rate?
Where are your sources?
daftar game slot demo terpercaya di Kabupaten Administrasi Kepulauan Seribu
This confirms my various biases, but is it actually true? Surely nobody can say this without being sarcastic? Can they?