Wednesday, March 21, 2018

Economics From The Land of 60 IQs

To quote Kim DuToit and every other expat from that continent: "Africa Wins Again"
FTR, that's also every Democrat in this country since Woodrow Wilson, and a not insubstantial number of nominal Republicans, too.


James M Dakin said...

We aren't too different. Printing money to make the 1% richer. The big difference is we have the PetroDollar to mask our printing. You know, the broke system that has been eroding for awhile, where we can't even stop Venezuela from abandoning it. Spend all Monopoly money now while you can. Lead is always a good bet.

Aesop said...

It's a question of zeroes.
We print money we don't have, and give it to poor people, but it isn't trillion-dollar bills.

Both schemes wind up in the same place, eventually.

The Gods Of the Copybook Headings will not be thwarted.

loren said...

Law Dog has a great book out on based on when he lived in Africa. It's on Kindle for a few dollars.
BTW Sub-Saharan Africans have an average IQ in the 70's. The 60's are Australian Aboriginal ranges. Seems 100 is about where a country needs to be to achieve civilization.
The US average is 98 and going south as we import more and more non-Europeans.

Y. said...

This is actual fake news. That is, some kid in Bulgaria or Nigeria writing shit that'll make people click.

No one else but that site reported the quote. If it was real, some legit news site would have run it, as it's the kind of things investors, people, want and need to hear.

Aesop said...

The minister is real. The quote may be fake.
But not by much.

Let's watch and see how the pending racial genocide does for the country's financial state, and see how far off it is from reality.

But it was probably written by some white kid in Capetown.