Seriously, imagine foreign banks who own South African sovereign debt! Id be dumping that as fast as possible.
South Africa has tons of Gold, Platinum, and Diamond mining. I see all foreign debt being backed by physical commodities if this idea of handing money out actually goes through.... or at least that's what I would asked for in payment for any loans.
Seriously, imagine foreign banks who own South African sovereign debt! Id be dumping that as fast as possible.
South Africa has tons of Gold, Platinum, and Diamond mining. I see all foreign debt being backed by physical commodities if this idea of handing money out actually goes through.... or at least that's what I would asked for in payment for any loans.