The IMF has estimated that the current and threatened United States (US)China tariffs could cut the global gross domestic product (GDP) in 2020 by 0.5% – or about $ billion. To put this into perspective, the estimated loss is larger than South Africa’s annual economic output.
Or, let me ask another question which is more important both for myself, and, I am firmly convinced, for the future of this country – why do people take these results “for granted,” as something which will be sustained of itself, regardless of how we behave? Why do they believe that we can keep on disregarding external and internal influences without bearing any consequences?