The government will collapse under its debts if there is not a dramatic change of course
I wish I knew more history. I’ve studied it formally once after school, when I took a course in precolonial African economic history at the London School of Economics. It exposed the preconceptions an apartheid-era childhood had left me with. I felt as if I had been released from Plato’s cave.
Right now, I wish I knew much more about two other historical topics: epidemics and state financial collapses. Both would clarify the issues South Africans today must grapple with.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
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