We don’t support Arror blindly. Pure people cannot be politicians. They are good people , but they cannot be in power, otherwise they will only bring disaster.
Freedom is the core value that Mandela upholds. Therefore, economically, South Africa has completely opened the country’s door. Mandela held high the banner of free trade, completely opened South Africa’s market to foreign capital, completely broke down the trade barriers built by the Boers, and caused irreparable damage to the country’s economy. European and American products entered South Africa in a big way, and immediately defeated South Africa’s manufacturing industry. The valuation of South African state-owned enterprises is severely undervalued, and a large number of assets have been acquired at low prices by foreign capital.
For Mandela, not only trade, but also finance is open.
South Africa was once the financial center of Africa, and Cape Town was once the largest financial center in Africa. After Mandela destroyed South Africa’s industry, he attacked the financial industry again, wiping out South Africa’s financial status.
The financial industry is related to the economic security of a country and is the core lifeline of the national economy. However, under the agitation of the United States and the United Kingdom, Mandela blindly opened up the financial industry and even allowed foreign capital to control the country’s financial enterprises.
So in a few years, South Africa’s banks and financial enterprises were controlled by foreign capital.
Today, South Africa’s sovereign rating has fallen to almost no level. Ever thought that South Africa was a member of the BRIC countries 20 years ago…
The glorious years were written in 1990. Now 30 years have passed. South Africa was once rich, now, AIDS infection rate is the highest in the world;
Social security problems are emerging one after another, and the murder rate is about 8 times that of India ;
Once ranked among the five BRIC countries, the unemployment rate is now as high as 30%-50%, and it is in the company of Gambia and Chad, the poorest countries in Africa…