South Africa’s economy is ailing, deficit is huge, debt has been downgraded to junk. BUT S Africa borrows in its

South Africa’s economy is ailing, deficit is huge, debt has been downgraded to junk. BUT S Africa borrows in its own currency and its deficits are overwhelmingly financed domestically by banks, insurance, local pension funds etc @IIF @elinaribakova @BHilgenstockIIF via @SoberLook https://t.co/rG70ZrBJQP

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