Dawie Roodt returns with some in depth economic analysis regarding the GNU and its future! 

Even King Canute knew it!

You are like a barking dog that a person walking past sjould just ignore. What are your solutions that you propose? You have a biase towards pessimism - anybody can criticize. I doubt you know any better than a typicall ANC comrade who've mismanaged the economy.

Thank you Daryl, we will keep it coming.

We will always try to get Dawie on to the State of the Nation.

I fully agree with you.

It was the fine performance of the interviewer that helped!

Understandable.

I AGREE FILLY, MAKE DAWIE ROODT MINISTER OF FINANCE

It was our pleasure. Much more to come.

Thank you for watching Tony!

Ramapoes did f all. He got money for being a BEE partner. He cant run a bath even if he wanted to.

@@cliffardgerber3830 What is a Non-Executive Director? A non-executive director is a member of a company's board of directors who does not hold an executive office. Non-executive directors act as independent advisors and are not responsible for the daily operations of the company].

So true. The small banks here in Germany with their backup of a dozen state owned Landesbanken saved us in 2008. The banker elites tried to dry out our credit market, while the small and medium, non private banks didn't stop credit creation and saved our ass. So the money elites with their central banks, their Basel institue, their EU-commission and so on creates now overwhelming regulations to kill smaller banks, while only big banks can stand the bureaucratic burden. The Landesbanken were damaged by Standard and Poors and Goldman Sachs' "Alphabet" ABS. The small cooperative banks have to merge and create bigger units, what cuts the benefit for our economy little by little and gets us to more and more towards bigger banks. They stay cooperative banks, what's good, but the management moves away from the smallest innovations, Beaus they dont have any longer the manpower for every business chance. They have to use their matrix, what can't pragmatically serve everybody interest. By the way, do you know Prof. Dr. Richard Werner and his book: "Princes Of The Yen"? He always highlights that credit guidance into the productive economy is essential. Newly created credit shall be forbidden to go to speculators and the financial "economy" In Germany this was partly implemented. The cooperative banks and the Landesbanken were not allowed to finance speculation. Our big private banks (Deutsche Bank, Commerzbank....) developed an ethical guide to serve Germany without governmental pressure. The murder of Alfred Herrhausen marked the change from serving the country to only serve the shareholder, what ever damage it causes. Why does such an intelligent man like Mr. Roodt not know anything about this topic and only repeat the myth of creative destruction as apathy to wealth, what doesn't need to happen, if credit creation and guidance is managed properly.

Sorry!

Nothing to apologize for …

It went over your head Mnr - tough life vir jou

@@DanielMathebula-kq9tb Sorry Mr Mathebula. Is that better?

It was very early and very cold. This is winter in Johannesburg!

Anyone who analyses South Africa has a significant amount of money invested outside of SA!

Could you ever imagine the ANC listening to Dawie Roodt?

I think they were trying to explain, for people who don't understand, otherwise it would not have been repeated

Which market ?

The number 1 reason for businesses' tanking is "management incompetence". Whilst your businesses went under, thousands thrived and new ones came to fore and prospered. Why did yours fail and other (similar) ones made their owners wealthy? Taking accountability for own failures is something that (sadly) so many humans struggle with. It doesn't matter the circumstances, some of the most wealthy people on this planet, succeeded at business whilst others in much more favourable conditions (like a democratic SA) fail.

@@riaanhendricks9207 That is very unfair! In this business climate, some of the best businesses in the country are struggling to survive. The government has created an environment that is completely hostile to business.

Just keep on keeping on … real entrepreneurs keep surfacing with new solutions and service …. Best of the best to you there bakerman …

@@ptbritz8520 Give that man a bagel!

Free trade is millennia older than the idea of democracy. Empires also free traded and within them

A rich state! Had to take the money out of the economy to grow rich. Could explain why so much are poor and without the chance to start a business.

What is your point?

He probably hasn't. All he has is platitudes like 'make government more efficient" but he has no practical solutions.

I agree.typical economist.

Dawie, started and runs his current business. If anyone understands the current situation from a practical standpoint, it is Dawie Roodt.

@@MuzorewaRatshikuni Dawie, started and runs his current business. If anyone understands the current situation from a practical standpoint, it is Dawie Roodt.

Do you realise that the ukraine heart that you have does not really help your point, they have countless neo nzi's in their ranks, which is ironic because historically in WW2, these people killed loads of Jewish people. And Isreal is not what it was at the time the bible was written, after the death of Jesus, we all became God's chosen people, we just need to choose him, so to think that Isreal is some how still being preferred by God is in my opinion insane and goes against the message that Jesus came to deliver. I can assure you that there are people in Isreal and all over the world that go against the message of the Bible and these people will not be spared from God's wrath regardless if they are from Isreal or not.

Jesus Christ is the king of the Jews....🤔

South Africans, the market is any colour and every colour can make money in the market.... even poor people of any colour..... even ugly people.... even hungry people may take part in the market. Money flows from colour to colour.

​@@peacefulheart1431yes and became the king of all nations by dying for everyone on earths sin

@@corinnevanjaarsveldt6087 so jesus christ is the one who told jews to oppress the palistines?

Small/medium enterprises need small/medium cooperative banks. Why not to found them. Are there bureaucratic hurdles in SA. In GB you wouldnt even need a banking licence to create credit for your customers, when you dont take in deposits. The members give the money for the capital stock, and off you go. OK, works only in an environment with rule of law.

This is not true at all. Please watch my interview with Dum Gqubule and see how debunks this myth of "jobless growth" ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-5v2_JExnnAY.html

Good observation.

It is Dawie's role to point out the inefficiencies in government policies. They were there in the Mbeki years and they are here now.

@@mikesham3204 Did he point out deficiencies about the apartheid government? Or is it that the apartheid regime didn't have any economic deficiencies that affected him directly?