Premium – RW Johnson explains why SA’s delusional BRICS obsession is based on fantasy
Reading RW Johnson's quite brilliant contribution got me thinking of parallels that will help us better understand the deluded thought processes of South Africa's political leadership.
The most obvious one is a stokvel where a few disciplined members who have built wealth contribute all the money, led by one that puts in R25 000 a month. And others who spend more than they earn, among them one of them from a good family which contributed in the past, but now occasionally kicks in the odd R500. Let's call the first one America, the second one, South Africa.
South Africa has some standing among the group because it hasn't yet borrowed from the stokvel (not like its drinking pal, full-of-promises Ghana, who has dipped in 17 times). But because it is rapidly heading that way South Africa argues to change the rules to "equality" so it can borrow without changing its spendthrift ways.
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