Politics, news & academia

Will SA become the new Greece?

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amara.mametse
amara.mametseHost

Expired
Host
I don't think that it will be that drastic of a change. At least, I hope not. Yes, a lot of changes will be made, and it will hurt SA exponentially, yet, I don't think that the decline will be that rapid. However, I am no expert, and therefore, could be completely mistaken.
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Host
Well, our Interest Rates, Inflation, and Food Prices will go up, so essentially, our cost of living, which the majority of the country can barely afford in the first place. The very few job opportunities, will become less and less, and there will be little, or no, economic growth. I don't think that people realise how bad this is for our country, and how monumental the consequences will be.
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Host
It might not affect your average, working class person right away, yet the mass of this country, being in poverty, or just making the breadline will feel it .
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