NEIL ROETS: SA consumers potentially among biggest losers in US election

Changes to US foreign policy could spell doom for indebted South Africans

07 November 2024 – 13:03

by Neil Roets

The news that Donald Trump will make his way back to the US presidency in January has been met with optimism on some fronts and a real sense of trepidation on others, with local economists already speculating about the effect on SA.

For many ordinary South Africans already confronting the worst financial crisis they have faced in decades, the implications could be dire — worsening job security and negative investment sentiment on the back of economic and policy uncertainty, which would dash any hopes of recovery from their predicament…

Source