Clem Sunter se vlaggies om dop te hou vir die toekoms
Introducing a scenario of hope changes the future.
Mind of the fox
One future: hedgehog
Many futures: fox
Religious wars between Saudi and Iran
Anti-establishment sentiment because of rising inequality in society
Much to do about
The world was in a fragile state before the pandemic hit
China’s growth slowing down
Easy money policy with low interest rates which led to massive governmental and consumer debt.
Economy breaks the camels back
Length of economic recovery is important
Watch the statistics
Level of employment
Not a “V” but a “U” curve
Second wave of outbreak?
Much uncertainty about virus
Uncertainty about fatality rate
Uncertainty about infection rate
Uncertainty about cure/vaccine
A balance between lives and livelihood
A balance between lives and economy
Walk the tightrope until covid-19 has a vaccine or goes away
South African scenario playing out
“May the fox be with you.” – Clem Sunter
Is there any way to get away from “the rich get richer” scenario?
WW2 did wreck the wealthy 50’s 60’s 70’s was a time of global growth for all.
It is possible after the pandemic is over when we move to a global inclusive economy.
The world of work has changed. The power does not lie in big government or organisations. Adapt to small businesses as the way of the future. Small businesses are going to transform the South African economy.