Throw out the textbook; let’s do things the Saffer way…

Too much social or mainstream media will have one running for the doors these days; as oil and coronavirus dominate the airwaves.

But managing a crisis takes different thinking and unusual actions, so it can be used to one’s advantage.

I’m no economist but with oil at record lows; should SA, as an importer, stock-pile as much as possible? And surely the petrol price will see a couple of rands shaved off it. If one couples this with an interest rate cut, would that not fuel a consumer recovery?

As Winston Churchill famously said post-Second World War: “Never let a good crisis go to waste.”

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