South Africa is in the ever-tightening grip of a neo-Marxist state with key economic nodes and policy being run and directed by an anti-business, anti-free market, crony-authoritarian cabal of Leftists. They claim that the 'Developmental State' model of their Leninesque National Democratic Revolution will lead to rapid and shared economic growth and development. But after 10 years or more of this strategy, the results are in and it's a dismal failure. With stagnation, rating downgrades, and a tired tax base, the ANC is now aiming for greater control over the Reserve Bank. In this talk, Russell will address the following:
- South Africa's economic performance against global peers since the financial crisis
- Life after the junk downgrades and what to expect
- A 'Venezimbabwe' scorecard: how at risk is South Africa of an economic collapse and currency crisis?
Entry fee R50 per person CASH ONLY at door – for cheese, wine, challenging intellectual debate and scintillating company! Media free
Please register per individual by completing the table below
Russell Lamberti is founder and strategist of ETM Macro Advisors, consulting to investors on macroeconomic and investment strategy. He is the co-author of When Money Destroys Nations, a book about Zimbabwe's hyperinflationary collapse. Russell is a proud Austrian School economist, is published at Mises.org, and is a founding member of the South Africa chapter of the Mises Institute. He is also a Council Member at the Institute of Race Relations. He specialises in monetary systems and business cycle analysis. Russell lives in Cape Town with his wife and two children.
082 904 3616
011 884 0270