Browsing All Posts published on »May, 2018«

Banks, bonds & rip-offs

May 6, 2018

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If you owe a bank R50 000 and cannot repay on time, you have a problem. But if you owe a bank R1 billion and cannot pay, the bank has a problem. This, in monetary terms, sums up the relationship of rich and relatively poor. A sad example of this fact in practice relates to housing and forced sales.

So much talk, so little sense

May 4, 2018

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South Africa has experienced a veritable cascade of words from public platforms over recent weeks — not least on May Day — that seemed to reveal that, while so much has been said it has all contributed very little to any real understanding. A lack of honest, open, discussion seems to have reached crisis proportions.