Eskom Doom-loop. South Africa sovereign debt comes to 2.6 trn rand. It has guarantees of its basket case utility’s debt running to 350 billion rand. Restructuring is a nightmarish political problem.
bloomberg.com/news/articles/… https://t.co/JeDrsowga7
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…