Wednesday 3 September 2008

Of murders and millionaires....


One of the many "terrible autrocities" certain websites (*cough south africa sucks *cough) forget to mention is the incredible state of the South African economy. South Africa currently is enjoying rapid growth since the ending of the social fart that was aprtheid. Cry all you want about oil prices , and power failures (laughable nonsense that lasted a few weeks but got everyone into a state of catatonia) and the likes...the South African economy is so vibrant it has absorbed all these problems and still showed close to 5% growth again. And that when world wide economies are experiencing a downturn.

South Africa produces the 4th most new dollar millionaires in the world each year and in the past 3 short years has in fact doubled its dollar millionaires. Now let's get a little creative with the available stats.

New dollar millionaires in 2007 = 48,586 from less than 25,000 three years ago.

Let's very conservatively estimate that half of those were white South Africans. That would mean there are 12500 new white dollar millionaires in that time. Now take the murder rate of White South Africans in the same period and you'd get around 1000 people. What does this tell us ?

Quite simply you are at least 12.5 times more likely to become super wealthy than get murdered if you are a white South African. You're 12.5 times more likely to join the ranks of the top 9.1 million richest people on the planet ( the top 0.0015 % of humanity) than get murdered if you live here.

I really don't know how good this is in the grand scale of things (it seems pretty favourable). That's not really the point.The simple point is that perhaps you could let your dreams at least match your pessimism. If you're really convinved you're going to be murdered for living in South Africa as a white person , you better damn well be 100% sure that you're going to be a super rich jet setter at the same time..because it's 12.5 times more likely to happen. If you don't....well my friend...you got things very out of balance.

(* $ millionaire does not mearly mean 1 million dollars in total assets. You need to have that at your disposal in liquid assets. Many more people make the standard of simply having 7.5 milion rands in assets.)

4 comments:

The Rooster said...

you liked it better when the black people starved behind the moauntains didn't you ? Oh what a great country it wad then !

Savage !

Anonymous said...

Rooster:

Things certainly have changed. Now blacks not only starve behind the mountains but in front of them, on the side of them, on top of them, etc...

VIVA ANC!!! Great job guys. A lot easier to overthrow a govt. than to provide adequate governance.

The Rooster said...

What a crock of shit. With government handouts nobody starves in this country. And if there are a few I'd like to see what you are doing about it other than sitting on the other side of the world and celebrating.

The Rooster said...

Name one old person the A.N.C has taken anything from. Just one, and i'll concede your point. I could name you 8 million people now recieving government sponosred pension on the other hand. You're so far wrong your whole family is bowing their head in shame.