Dr Marc Faber, a leading investment an ex South African and a guru, tells it how it is.......
Interesting Reading… This was published in a UK paper.
Let us hope he has it wrong -it’s pretty heavy.
I expect, like me, you are aware e that there has never been a prosperous black-led country, but perhaps it's just because of "bad luck", or whatever, for that incontrovertible fact.
Take Haiti as an example.
Before the black slaves revolted and killed all the whites and half castes Haiti had a GNP greater than most of what is now the USA A. It supplied 60% of all the sugar used in Europe.
Today it is a wasteland.
Apparently if you Google Earth the place you see is a sere, brown colored landscape compared to the neighboring Dominican Republic which is green and verdant.
Twice the USA has occupied Haiti, building roads, ports, hospitals and schools while putting in a functional society.
The moment the Americans left they reverted to dictatorship, voodoo, witchcraft, corruption and
barbarism. They did not stagnate;; they regressed to the primitive savagery of their forefathers.
Since the 1960s, when the Congo o expelled the Belgians this has been a mirror of African regression, moving steadily southwards until the example of Zimbabwe.
Once a prosperous, well educated d exporter of food the population now eat rats to survive.
Will SA go the same way?
There are those optimists who say "No, we have such a strong economy, such sophisticated
infrastructure, such a talent pool, that we can never sink".
My belief is that they have not considered the root cause of Africa's failure.
A cause that is not spoken about as it is fearfully politically incorrect, and probably illegal to speak about.
That cause is the deficiencies of the black "mentality", for want of a better word.
Are there differences between races, or is race just a meaningless social construct?
Until recently, I believed all races were the same under the skin variations, and that perceived
differences were only the result of f cultural differences.
I believed in a common and equal humanity.
But things did not always ring true; observable anomalies were inexplicable if all men are the same.
Why, under apartheid, did the Indians prosper; become doctors, scientists, educators, merchants and professionals while the vast majority of the equally oppressed black Africans remained hewers of wood?
Why can black Africans run, jump and throw better than honkies, but why, out of a billion of them, have they never invented a single thing of any worth?
Why have they, collectively, contributed absolutely nothing to the advancement of humanity?
Well the physical thing, the running, throwing bit is easily and uncontroversial answered.
Simple, people of African descent (especially the Jamaicans) are genetically better equipped in this regard.
Their muscle fibres are different and the typically have 15% more free testosterone than other
Acknowledging this is regarded as racism.
Unfortunately, racist or not, that is proven and a fact.
Google it and you will find that for over 70 years, in test after test, done by dozens of university
professors and Nobel laureates plus USA government studies, most people of African descent trail other races by a wide margin.
Of course I.Q. tests have been attacked, especially by those who perform badly at them, as one might expect them to do.
Detractors claim cultural bias, dysfunctional families, past oppression, poor schooling and a host of other reasons for poor black performance, but the professors defend their contention that I.Q. is largely an inherited trait; that differences are inherent, built into a person's inherited DNA.
For every argument attacking the validity of these tests they have a host of results confirming their accuracy and typicality. Fascinating stuff if you are interested in reading up on it.
The effect of high/low I.Q. has also been studied in depth, with fairly predictable results.
Low I.Q. individuals performed badly in social class, family stability, income, educational levels,
illegitimate pregnancy, single parent families, rate of prison incarceration, rape, violent crime etc. etc. etc.
I.Q. measurement measures different facets of intelligence and mental competence.
Sadly it is in the absolutely vital sphere of cognitive ability that blacks score worst.
This means they score abysmally in things like forward planning and anticipating the consequences of their actions.
It is this I.Q. (and testosterone) disparity that is blamed for the fact that African Americans are 5 times more likely to be imprisoned than white (including Hispanic) Americans, 9 times more likely than Americans of Asiatic descent. All in line with I.Q. distributions.
Once imprisonments for violent crimes are computed the numbers become stratospheric.
These are American government collated statistics, so pretty accurate.
Our government in SA do not, for obvious reasons, publish similar stats, but a pound to a pinch of salt they are even more astounding.
So why the lecture on I.Q.?
Well for a start you must understand that our ruling party are voted into power by a largely moronic plebiscite.
I choose the word moronic intentionally.
If the cut off point for moronic is an I.Q. of 70, half the voting population would be classified as such.
Only one in 40 black South Africans achieves the average I.Q. of his white fellow citizens.
One in a hundred has the I.Q. to achieve university entrance requirements.
That is why only one in ten blacks pass our dumbed down Matric (with a pass percentage of 30% in many cases).
One in 6000 black grade one learners will pass Matric with both Maths and Science.
Simply put, they are bloody stupid, and they rule us.
Furthermore Zoooooma says they will rule us until the second coming. I believe him.
This explains why the ANC have such idiots in their positions of power and influence, the likes of Zuma, Malema, Khomphela and Cele. They are, unfortunately, the best they have!
Well, they are the best blacks they have.
All the critical positions in government are held by Indians, coloureds or whites, something I am
grateful for, but which p--s Malema off big time.
Will this last? I doubt it.
The black/white polarisation is growing and the rhetoric is becoming more extreme.
Listen to the pub or workplace chatter, read the blogs and comments sections of the newspapers and it becomes obvious.
Whites are gatvol at the waste, corruption and stupidity of the black elite.
Blacks are demanding, as their right, the wealth of the whites by means of redistribution of assets. No matter that they have not worked for those assets, they claim them as the spoils of war.
Just in the past week the Mayor of Pretoria, Malema, a minister and Winnie have gone on record as blaming whites for sabotaging redistribution and exploiting blacks.
Malema calls out "Kill the Boers for they are rapists" to thunderous applause by university students.
Four influential ANC opinion makers who are echoing the groundswell of mutterings in the ghettoes. The natives are getting restless. Things are not going to improve.
They cannot, there is no reason to believe our slow slide into a failed state can be reversed with our current regime, and there is no prospect whatsoever of there being a change to governance based on meritocracy.
Anyone who believes otherwise, or that the ANC can mend their ways, is living in LaLa land.
They do not have the intellect. Like the proverbial frog in the slowly heating pot we have become inured to the slow collapse of our hospitals, schools, courts, water supplies, roads civil service and service levels.
They will become totally dysfunctional shortly.
Those in charge do not have the mental capacity to organise things.
Our economy and Rand is reliant on short term "hot" funds from overseas that can flee at the touch of a computer button, and probably will if our Rand weakens. Conversely we need a weaker Rand to encourage exports. 6 million taxpayers support 12 million recipients of social grants, and that figure is set to rise this year. The National Health Insurance scheme will happen, no matter how unaffordable.
That will push our social grant costs up to four hundred billion Rand.
Four hundred billion Rand which produces absolutely no product.
Inflation is set to stay and worsen.
The consequence of being the biggest socialist state on earth.
I do not believe the ANC has the intellect to conceptualise how big a billion is, let alone 400 billion, or what effect this will have on the economy.
You do not believe Malema's call to nationalise the mines?
This guy articulates what the hoi polloi are thinking, but the ANC leadership will not say yet.
The tactic is to set the bar high, then lower it and the victims will sigh with relief and say it could have been worse.
So perhaps it will not be total nationalisation but rather 51%, a' la Zim. Just look north for revelation, Zuma does.
Who would have believed that this country would ever be headed by an unschooled, rape accused, adulterous, corrupt, sex obsessed bigot like Zuma.
Anything is possible with the ANC.
You have few years left to enjoy what is left of the glorious SA lifestyle, especially in the Cape, but understand it is not permanent. The end could be sudden as the tipping point is reached, just as it was sudden for those Zim, Zambian, Mozambican or Angolans whites.
It could, conceivably, be as bloody as the Hutu/Tutsi uprising when primitive tribal bloodlust
overcomes a thin veneer of inculcated civilisation.
Enjoy it while you can, and enjoy it in the Cape where the population mix is more favourable, but be aware that change is inevitable.
Your children must get a world class education, because they will not be adults in SA.
Get assets stashed offshore, you and your children will need them there.
This is a huge WAKE UP SOUTH AFRICA call!!!!
There are lots of South African articles doing the rounds, this is one of the best.
I have always tried to understand why Africa has not prospered more with all the mineral wealth and available labour.
This is without a doubt the most plausible explanation for me.