The South African Economy
- posted on 5-October-2005
- This post is archived
So I went to Eastgate yesterday at 2pm with 2 friends of mine. The place was packed. Like a public holiday or something. It then struck me, why aren't all these bloody people at work? No wonder the South African Economy is falling to pieces :(
Cmon the petrol price goes up monthly by like 10cents a pop (SA Government just using the whole Katrina disaster as an excuse) and, for example, the cheapest new car you can buy costs you R100 000+ which is well ridiculous even though our currency had been getting stronger.
I seriously think SA should actually sit the f*ck down and revise their economy and sort it the f*ck out and stop using "apartheid" as a goddamn excuse. :(
Also the sad thing is that some South Africans use SA's poor exchange rate to their advantage which f*cks it up even more, the selfish buggers :( I apologise with the profanity in this piece but i feel very strongly about it. I cant really see a future for myself because I'll have to save for 9 years just to buy a car. FFS houses are cheaper to buy then cars these days :( oh wells.
I seriously hope SA does a turn around - and yes I understand it will take a few years, but from what I'm seeing is no progress being made at all.
You are welcome to leave a hate/positive or critical comment on this matter
Cmon the petrol price goes up monthly by like 10cents a pop (SA Government just using the whole Katrina disaster as an excuse) and, for example, the cheapest new car you can buy costs you R100 000+ which is well ridiculous even though our currency had been getting stronger.
I seriously think SA should actually sit the f*ck down and revise their economy and sort it the f*ck out and stop using "apartheid" as a goddamn excuse. :(
Also the sad thing is that some South Africans use SA's poor exchange rate to their advantage which f*cks it up even more, the selfish buggers :( I apologise with the profanity in this piece but i feel very strongly about it. I cant really see a future for myself because I'll have to save for 9 years just to buy a car. FFS houses are cheaper to buy then cars these days :( oh wells.
I seriously hope SA does a turn around - and yes I understand it will take a few years, but from what I'm seeing is no progress being made at all.
You are welcome to leave a hate/positive or critical comment on this matter
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Comments(5)
Posted by Paulo
on 5-October-2005
you may wanna revise your house /car statemnt. i went around looking the otehr day, as i pln to move out in the next 2 years. housing and property i feel have also become victum to this crazy trend of over priced things, that seem to be over priced just to fuck u up the ass, and create an even bigger gap in the socio-economic stances... there is no middle ground anymore, either you're fucking rich and can afford 2,5million for a cramped 2bedroom appartent, or you live with your parents for the rest of your life.
I am slowly starting to hate this country more and more...
everything else you say, i agree with you in so many ways!!!!!!
you may wanna revise your house /car statemnt. i went around looking the otehr day, as i pln to move out in the next 2 years. housing and property i feel have also become victum to this crazy trend of over priced things, that seem to be over priced just to fuck u up the ass, and create an even bigger gap in the socio-economic stances... there is no middle ground anymore, either you're fucking rich and can afford 2,5million for a cramped 2bedroom appartent, or you live with your parents for the rest of your life.
I am slowly starting to hate this country more and more...
everything else you say, i agree with you in so many ways!!!!!!
Posted by Dave
on 5-October-2005
Well think about this.. BMW M3 is roughly R800 000 brand new out the box. In the USA that would be roughly $20-$30 000. In america houses are more expensive than cars. Cars in South Africa are more expensive then houses.. we not talking about a top-of-the-range house. You can pick up a house for R156000 in Kensington ":/
Well think about this.. BMW M3 is roughly R800 000 brand new out the box. In the USA that would be roughly $20-$30 000. In america houses are more expensive than cars. Cars in South Africa are more expensive then houses.. we not talking about a top-of-the-range house. You can pick up a house for R156000 in Kensington ":/
Posted by Sarah
on 5-October-2005
Sad thing is.. I actually love this country, but wow they sure are making it hard for me to remember why.
Moving into new house on 01 november. A place that sold for 340k in 2002 I have just bought for 525k.
It is insane :(
Sad thing is.. I actually love this country, but wow they sure are making it hard for me to remember why.
Moving into new house on 01 november. A place that sold for 340k in 2002 I have just bought for 525k.
It is insane :(
Posted by Lyn
on 6-October-2005
Thats what I don't get. Go to the mall (eg Menlyn) any day of the week and the parking lot is sooo jammed you couldnt park your trolley if you wanted to...what are these grown ass people doing mulling about at 11 in the morning??? Is everyone but me self-employed?
Thats what I don't get. Go to the mall (eg Menlyn) any day of the week and the parking lot is sooo jammed you couldnt park your trolley if you wanted to...what are these grown ass people doing mulling about at 11 in the morning??? Is everyone but me self-employed?
Posted by Dave
on 6-October-2005
Yea you'd think everyone would be working? Minus the rich housewives ofcourse..
Yea you'd think everyone would be working? Minus the rich housewives ofcourse..
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