Extract

The year 2019 began pretty much as it will end. It started with the installation of a far-right, racist, homophobic populist leader in Brazil and the rantings of an unstable president in the US — and it will most probably end with the world on a more uncertain footing than it is now.

Political ructions across the globe and in SA mean that our world will behave much as the rand did this past week: “Flash” crashes and recoveries, hope and despair, greater wealth for the few and deeper poverty for the many while economic and political uncertainty sets in.

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