South Africa's Malema Wants to Follow Mugabe's Way
And, most concerning to foreign investors, he has called for the nationalization of South Africa's mines.
South Africa's mining industry produced 11% of the world's gold, 80% of the world's platinum, and 40% of the world's palladium in 2007.
Malema is young in the world of South African politics, but at the age of 29, he is already being considered a vocal threat to the ethnic stability established through Nelson Mandela's Rainbow Nation movement. _BI
The mean population IQ of Zimbabwe is only 66, after decades of Mugabe rule. The mean population IQ of South Africa is 72, but if Malema has his way, South Africa will drop in the national IQ standings to rest alongside Zimbabwe near the bottom.
South Africa's economic and political prospects have been collapsing for well over a decade now. Once the world leader in pebble bed nuclear fission technology, the country is now dependent upon international handouts just to keep a miniscule pretense of its pebble-bed program functioning. Like most Sub-Saharan African nations, South Africa now finds it very difficult to supply basic electrical needs to its population. In a democratic nation with such a low average voter-IQ, and skyrocketing rates of crime and corruption, wise leadership is virtually impossible to find.
The wisest political observers have been predicting that South Africa would imitate Zimbabwe's radical decline. Nelson Mandela was an exceptional leader -- a better leader than South Africa will ever again produce. From now on, it is likely that this low-IQ democracy will accelerate the elimination of its market-dominant-minorities -- the ones who have been keeping the country afloat against all odds.
President Jimmy Carter was there at the beginning of the fall, midwifing Mugabe's rise to power in Zimbabwe. Can Obama do the same for Malema?