In January we highlighted how Tunisian and general Middle East monetary debasement and inflation was the forerunner to riots, violence, and unrest. South African readers will remember that the last time South Africa saw violent riots was in the 2008 xenophobic outbreak, which, surprise surprise, also happened to be a period of the highest price inflation South Africans had experienced in many years. This is one of the primary reasons why sound fiat currency management in SA is so vital and why SARB money printing will only create more violence, let alone more economic mayhem…
Now today, from China, we are seeing these supposedly unrelated headlines…
Coincidence? I don’t think so.