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South Africa is the largest and most developed economy in Africa however it is an economy in CRISIS. The Electricity System is old and FAILING resulting in Daily Planned Blackouts, the Road, Rail & Ports are crumbling due to under-investment, Unemployment is the HIGHEST IN THE WORLD and Crime and Corruption is rife. In this video I look at the situation in more detail and discuss what is likely to happen over the next 3 years.
For specific details please check out the CHAPTER list below.
Thanks for watching and please LIKE and SUBSCRIBE.
Chapters:
0:00 Intro
2:01 SOUTH AFRICA
3:40 ECONOMY
4:41 GDP
7:38 ELECTRICITY
13:26 TRANSPORT
15:16 UNEMPLOYMENT
18:41 CRIME
22:24 OUTLOOK
24:33 SUMMARY & CONCLUSION
#southafrica
#economiccrisis
#russia
#china
#Belt&Road
#globalrecession
#globalfinancialcrisis
#Evergrande
#China
#Recession
#Zhenro
#Bonds
