#REPO RATES SYNTHESIS ON EACH COUNTRY’S CITIZENS:
#SCOPE LIMITATION> USA, UK & SA REPO RATES, INFLATION & GDP PER CAPITA.
#SCOPE PERIOD LIMITATION>2023-02-02
#ASSUMPTION> EVERY CITIZEN WAS ECONOMICALLY ACTIVE, AND THAT WEALTH WAS SPREAD EQUALLY AMONG THE TOTAL POPULATION.
#DATA SOURCE>TRADING ECONOMICS 202
1. REPO INFLATION:
1.1 USA - 6,50%
1.2 UK - 10,5%
1.3 SA - 7,20%
2. REPO RATES:
2.1 USA - 5,7%
2.2 UK - 4%
2.3 SA - 7,5%
3. GDP PER CAPITA:
3.1 USA - $61 855.52
3.2 UK - $45 101.54
3.3 SA - $5 947.89
In Conclusion:
From this data, with SA Fiat currency having no reserve status and weak manufacturing, RnD whilst the other two have that privilege, it is clear to even a blind man or woman that citizens are 10 x worse when compared to the USA citizens n 8 x worse when compared to the UK citizens. This means our GDP is growing the slowest and bringing the mix of a skewed structural arrangement. We may see a hyper heating scenario as consumers defaulting ~ ceteris paribus. I hope I am wrong, as that will escalate political instability and social misery.
By:
Muzi Ngema (this analysis is dedicated to the late Siyabelela Mooi)
Wowos Business Club Member