The enduring myth of the collapsing rand

@alfiano Our nominal growth forecast is actually quite good. I wouldn't worry too much about the ZAR as a metric for economic success. Parity conditions fail in the real world, but I agree that the nominal growth rate is intact and that salaries should grow in tandem. However, it would be nice to see the fiscus doing its job instead of ANC officials looting it from the top of the tree all the way down to the municipal level.
 

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