In this video Willem Petzer asks the simple question that he and everyone should have and that is why did the South African economy, despite the lifting of sanctions and massive foreign aid, collapse after the 1994 election? Willem looks at the US dollar versus the Rand over a period of years and shares some interesting facts. Bottom line is the massive corruption and incompetent people being placed in important positions has clearly had an effect.<\/p>\n
Willem makes valid points and shares how the government is crippling the economy through their policies, theft, corruption, incompetence, state capture and loans. The Venezuela, Zimbabwe moment is upon us!<\/p>\n
South Africa Today \u2013 South Africa Media <\/p>\n","protected":false},"excerpt":{"rendered":"
In this video Willem Petzer asks the simple question that he and everyone should have and that is why did the South African economy, despite the lifting of sanctions and massive foreign aid, collapse after the 1994 election? Willem looks at the US dollar versus the Rand over a period of years and shares some […]<\/p>\n","protected":false},"author":4,"featured_media":10417,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"video","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[141],"tags":[6305,491,1268,6304,5377,1144,5150,6307,4701,2000,3631,1213,786,6306,2726,5325,426],"class_list":["post-10415","post","type-post","status-publish","format-video","has-post-thumbnail","category-political-videos","tag-1994-election","tag-corruption","tag-economy","tag-economy-collapse","tag-foreign-aid","tag-incompetence","tag-incompetent","tag-loans","tag-policies","tag-rand","tag-sanctions","tag-state-capture","tag-theft","tag-us-dollar","tag-venezuela","tag-willem-petzer","tag-zimbabwe","post_format-post-format-video"],"_links":{"self":[{"href":"https:\/\/southafricatoday.net\/media\/wp-json\/wp\/v2\/posts\/10415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/media\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/media\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/media\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/media\/wp-json\/wp\/v2\/comments?post=10415"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/media\/wp-json\/wp\/v2\/posts\/10415\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/media\/wp-json\/wp\/v2\/media\/10417"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/media\/wp-json\/wp\/v2\/media?parent=10415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/media\/wp-json\/wp\/v2\/categories?post=10415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/media\/wp-json\/wp\/v2\/tags?post=10415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}