S.African economy: BAD COVID Year … Banking stocks take biggest hit… maybe ever…

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Die Beginsels van Die Boere Staat Party
Hier kan jy hul beginsels lees. Daar is ook a kort video van hul leier Coen Vermaak waar hy praat oor hul beginsels

I used to work in banking quite often in my life, and I am quite pissed off at how I was treated in the final years of my career. I therefore was very pleased to see that this year, due to the stupid COVID lockdown, that banking stocks in SA had dropped by 40%. It is unprecedented. It is possible that they’ve not experienced a hit like this in several decades. Its beautiful. I feel nothing for them!!! SINK!

And other shops and stocks have taken huge hits too.

The store chain Truworths took a profit hit of 28%.


Naspers, the biggest single stock in SA, and linked to China has had a nasty year. And Trump’s strike on things like Tik Tok, has worsened matters.


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Video: Decapitation: How the Boers dealt with violent crowds of Blacks
A young Boer I knew, Gilbert, told me of the time in the early 1990s when he served in the South African Army and was stationed in the townships. He described the tactics the Boers used to smash violent black crowds with a minimum loss of life.

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