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Sen. Walter Sobchak

(8,692 posts)

7. A South African recession in the 70's turned into a debt crisis in the early 80's

Reply to sudopod (Reply #5)

Fri Feb 17, 2012, 10:50 PM

Feb 2012

in which foreign banks beginning with Chase Manhattan pulled the plug on both public and private lending to South Africa believing the National Party government was going to collapse and the country was going descend into anarchy. (both reasonable assumptions) South Africa has never recovered from the capital flight that occurred in this period.

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(Re: Apple+Foxconn) Why did Anti-Apartheid protestors pick on Barclays [View all] sudopod Feb 2012 OP

Because it had been the largest? muriel_volestrangler Feb 2012 #1

"Because it had been the largest?" sudopod Feb 2012 #2

Kick with unnecessary accusatory and/or inflammatory comment sudopod Feb 2012 #3

By the time the major protests came around apartheid was already imploding Sen. Walter Sobchak Feb 2012 #4

I may be mistaken...but sudopod Feb 2012 #5

A South African recession in the 70's turned into a debt crisis in the early 80's Sen. Walter Sobchak Feb 2012 #7

Were you there? lapislzi Feb 2012 #10

thanks for the insight! :) nt sudopod Feb 2012 #11

kick nt sudopod Feb 2012 #6

That's true enough, but there are better reasons to SINGLE out Apple. Pholus Feb 2012 #8

reminds me of the argument WalMart cultists say, even though WM was the vanguard in outsourcing MisterP Feb 2012 #9