Also read the following related article:
There are a number of lessons South Africa needs to learn from the tragedy unfolding in Greece.
We interviewed Dr. Co-Pierre Georg, Senior Lecturer at the African Institute for Financial Markets and Risk Management (AIFMRM) at the University of Cape Town.
Scroll down to listen to the audio.
Excessive debt is a bad idea for governments and individuals.— Dr. Co-Pierre Georg
Today’s debt is tomorrow’s taxes.— Dr. Co-Pierre Georg
It’s a problem when the state is too closely linked to the banking sector.— Dr. Co-Pierre Georg
This article first appeared on 702 : Greek lessons South Africa must learn well to avoid the same tragedy