The Benefits if using your Discretionary Allowance

0
1177

Offshore property investing as a hedge against local volatility

South Africa has always been deeply integrated into a capitalist international political economy.  As a result, external factors in the global economy have an influence on our economy domestically. The very government that manages our economy today was born from the party that used internal tactics to influence market dynamics abroad. In the late 20th century, these strategies had powerful effects, eventually coercing the previous regime to make changes to our political landscape.

Ironically, the current government is now being punished by international markets in a similar way. The disregard for the capitalist disciplines of a modern globalised economy, in favour of a blatantly communist system based on patronage and abuse of power, influence international market dynamics where South Africa is concerned.

With this in mind, one needs to understand that as much as we may love South Africa, our local volatility is being further accentuated by this poor economic management. Post 1994 South Africa entered an era of excitement at the prospects of the rainbow nation flourishing. This has soured somewhat since then. To continue reading click here… 

Leave a Reply