Zimbabwe 2.0: South Africa’s President Vows To Redistribute White-Owned Land And Businesses

In a stark flashback to the events that led to Zimbabwe’s terminal collapse into banana republic status, as well as unleashing hyperinflation and economic devastation, on Thursday South African President Jacob Zuma pledged to break up white ownership of business and land to reduce inequality, in a State of the Nation address which as the WSJ reports was disrupted by a fistfight, walkouts and a release of pepper spray in the parliamentary chamber. It appears South Africa is not fond of implementing “Rule 19.”

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