RE: RE: The Insidious Wage Deflation
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RE: The Insidious Wage Deflation

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6y

So let me get this straight there was some old ass agreement to get everyone to sing kumbaya back in the day with the British and the french and it sort of crystalised into this weird state within the state thing. Fitting that it would be French, Europeans tend to like that sort of thing we see it with Spain and Catalunya and so many other examples. So to keep everyone on the same page some had to be sweet-talked and got a sweetheart deal that is never enough and gets expanded grossly over time.

Ah the tax thing, I die a bit every time when people say oh no its corporate money or government money. First of all, there IS no corporate money and NO government money.

Yes, governments manage the accounting of it, poorly may I add. But the money only has value because of people exchanging it for goods and services. Corporations DON"T pay tax, they either tax their workers or tax the consumers of their product or service. So it's a misallocation of purchasing power and resources which often leads to laziness, waste and overconsumption.

Oh, I am well aware of how the west uses Africa as a money-laundering operation through IMF loans. It's probably one of my biggest gripes, I hate that sentiment I hear from other countries, sure we corrupt AF and all that shit, but the whole we send resources and aid is a bunch of horse shit. Western countries make us take out debt to fund projects that we don't actually need for a price we shouldn't have to pay, to fund their companies.

Western companies get the cash, we stuck with the debt so we have to up taxes or devalue the currency robbing everyone in the country to pay for a deal that a few African cronies benefit from sucking capital into the west.

But hey we all malnourished standing with flies on our faces and shit!

That makes sense everyone wants to fall into the so-called intellectual trap of a piece of paper defining your value. We've started on that route, but very few are there yet still a small part of the country has so-called higher education and it's losing its value every year as it continues to get bid up by government programs and false promises that education is freedom, not when it comes with debt slavery its not.

Yeah, we don't have all that heating needs, or permits or taxes, you can live pretty cheap here, build without much concern for the weather, we have sun all year so can run with solar and in general it's still affordable to live here.

However, the property is starting to pick up especially in our main cities, while not a Vancouver or Toronto level, it's pretty much out of pocket for most South Africans.

I don't know whats going to happen here either because even before the rona we were pretty much in the shit, our currency is devalued, our credit rating is almost junk, we sold out massively to China, we're massively corrupt in terms of the state plundering tax reserves and getting nothing for it so this could throw us for a real loop.

I'm not really tied to this place, I dig it don't get me wrong, culture-wise, weather, and living standard its great but i'm not blind to how quickly it can turn and while I don't want to I will go where I am treated better the instant it happens