Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Malema is Quote:A “stooge” of the mining industry. That South African mines are hobbled by decrepit equipment and were facing a bleak future, so many of them were secretly on their knees praying to be nationalised and compensated. That way, they would make a profit, as they would walk away with the compensation, and leave the new owners (the South African government, and therefore the taxpayers) with the liabilities.
One of the best future options for South African mining, he said, was for the industry to set up in places like the Democratic Republic of Congo (DRC) where, among other things, labour costs would be much lower than in South Africa – and workers would not be striking half the time. In addition to other political goals, one can see how it became in South Africa’s national security interest to have boots in DRC.
More here http://nakedchiefs.com/2...ear-of-another-genocide/"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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