cage wrote: ↑
Sat Jul 06, 2019 6:34 pm
As for the economy, who cares. What can any of you do about it anyway?
Perpetuating the cycle of negativity and angst doesn't make anyone feel better about the world.
No one seems to look at the global economy and what that also means for emerging markets.
You read these posts from the same unhappy chappies and you would swear its end of days, yet here we are.
In the real world its a more moderate view, probably because the internet and social media allows all those consumed by unhappiness to gather together and validate their outlooks.
Interesting approach. I've been wondering about this recently. There seems to be, for want of a better description/label, macro and micro economies.
On a macro you're looking at recessions (technical or "Great" or whatever) major corruption, disastrous Rand exchange rate, political shenanigans, some really awful pols, terrible crime figures, all solid media "if it bleeds, it leads" stuff, govt hospitals no good, bad economic trajectory, out-of-control population growth, terrible govt schools, the apocalypse is upon us, SA is doomed, etc.
On a micro you're looking at day-to-day living, interactions with folk (of all descriptions) on a street level, business opportunities, pretty good standard standard of living for those who have decent jobs/businesses, world class medical for med aid folk etc.
Now obviously over time a lousy exchange rate will affect the price of petrol and other imports (while opening up opportunities of course, for those with half a brain cell to spare, in exports etc) and the corruption is frustrating for those who live a clean life and wish everyone else did as well BUT from where I'm sitting the macro doesn't really seem to have a direct affect on the micro.
On a personal level profits are still rising, I don't personally know anyone who has been the victim of violent crime (not saying it hasn't happened to others, just talking about my micro world), profitable deals are still being done, weather is good (it's even raining in CT much to the chagrin of all the naysayers who claimed that CoCT has us all doomed because of their screwups, which I never experienced and I actually live in CT), surf boards are still reasonably priced, money coming in faster than its going out, local restuarants still churn out decent grub for a decent price, car guards still give me a high five when I run by in the am, the odd (black) taxi gives me a friendly hoot which is quite decent of them because I really don't run very fast anymore, the supermarkets are stocked with lots of goodies, the garage always has fuel when I want it etc etc
And no I don't do any govt business at all, not even to sell water to SAA
It seems that in the short-term on a day-to-day basis the dramatic macro world doesn't have a hello of a lot to do with the ordinary folks' micro world.