[throwaway210222]

Indeed.

And since we are on the topic of the South African 'Star of Africa', the astute investor should note that those muppets in South Africa are busy changing their constitution to allow the expropriation of private property from their own citizens (never mind evil foreigners) a) without compensation, and b) just for kicks - without recourse to the courts.

So I ask you: would you be happy if your pension administrator sold up in Switzerland and USA invested your retirement in South African farms and factories?

It will impoverish them further, and yet it will be someone else's fault.

This is how we in Africa roll.

[alienthrowaway]

Extreme inequality and polarization has consequences. The "rainbow nation" never came to be because wealthy South Africans do not see themselves as having the same destiny as their fellow citizens, and the poor have cottoned on.

> It will impoverish them further, and yet it will be someone else's fault.

I've noticed certain parallels between segments of South African and American society: people who feel they have been left behind by a wealthy elite that doesn't care about them, and are willing to burn everything to the ground and start anew. Cue a charismatic politician who radically panders to them (despite being part of the elite), the only differences are that South Africa has objectively worse inequality, and has a longer political cycle.