Dawie Roodt

The phrase “(t)he economy, stupid” was allegedly coined by James Carville, a strategist in Bill Clinton’s presidential campaign. And whilst the economy is the proximate cause of the current wave of destruction and looting in the country and its first line casualty, the real cause is politics – the politics of the ruling party.

The notion of 20/20 vision refers to a clear vision over a distance of twenty feet. Now, I certainly do not have a clear vision of what can be expected for 2020, but slowly a picture is emerging, and it is not a pretty one. I want to ease into the bad news, so let’s start with a thin silver lining.

Since the writer RW Johnson predicted a while ago that South Africa will have no choice but to ask the International Monetary Fund (IMF) for a loan, other analysts have also started to predict the same.

Dawie Roodt, one of South Africa's most well-known economists from the Efficient Group, offers scathing criticism of the governing ANC's economic policies, which will ultimately lead to ruin.