My Chat to Investment Analyst re: US Economy Vs SA Economy & long term Rand/$ rate
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Zimbabwe: Cops hunting for a Black man who had sex with his neighbours Donkey!
If you think we whites have problems, you have no idea what the blacks get up to. Some years ago I came across stories of blacks in Soweto, South Africa having sex with dogs. In this story, Police in Zimbabwe are looking for a Gutu man who was caught having sex with his neighbour‘s donkey.
Zimbabwe: Cops hunting for a Black man who had sex with his neighbours Donkey!
If you think we whites have problems, you have no idea what the blacks get up to. Some years ago I came across stories of blacks in Soweto, South Africa having sex with dogs. In this story, Police in Zimbabwe are looking for a Gutu man who was caught having sex with his neighbour‘s donkey.
I was checking with an investment analyst whom I know and trust here in SA regarding the long term effects of the COVID lockdown as well as the long term status of the Rand Vs the US Dollar.
The feedback is interesting. I had been told, about 2 years ago, that the long term trend for the Rand is an average fall of 4% or 4.5% per annum against the US Dollar. So I wanted to check to see if this pace has picked up due to the COVID lockdown. Interestingly the analyst does not think the long term COVID lockdown will have any effect and that the economy will bounce back. Interestingly, the analyst confirms my suspicions that the US economy is constantly growing faster than the South African economy.
This was the reply:
There are no specific Covid-19 effects as the rand will still react primarily to underlying fundamentals and interest and inflation rates. Since our economic growth is lower than the US and our interest and inflation rates are still higher, the long term trend is still in place. (Events like Covid-19 tend to have a short / medium term effect only.
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Best Independent Website that monitors Ukrainian Tank losses in Ukraine War
Oryx is a brilliant independent Dutch website that monitors lots of military losses including the losses of Russian and Ukrainian tanks. They ONLY count vehicles that they can get photos of and can prove that these are the correct vehicles that were destroyed. This link will take you to see the verified Ukrainian tank losses and you can click to see the photos.
Best Independent Website that monitors Ukrainian Tank losses in Ukraine War
Oryx is a brilliant independent Dutch website that monitors lots of military losses including the losses of Russian and Ukrainian tanks. They ONLY count vehicles that they can get photos of and can prove that these are the correct vehicles that were destroyed. This link will take you to see the verified Ukrainian tank losses and you can click to see the photos.
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