News for hackers. Stuff that matters.
Re:South Africa's national electricity crisis to worsen by shswkna on Monday November 21, 2022 @01:11PM (#33695802)
It is a complicated set of circumstances to assess. But SA most certainly was a productive economy, even if you account for the abundance of labour.

I can argue that Apple and the iPhone as a product range is riding on cheap labour from Asia. And so are many products the rich world depends on. Would you say the US is not really a productive country because of that?

Re:South Africa's national electricity crisis to worsen by perfecthjrjth on Monday November 21, 2022 @03:38PM (#33697617)
Unlike the third world countries, the US is in unique situation: the whole world can exchange their real assets(commodities, finished products, etc) for the US dollar. This luxury is not available to any Asian/African country. That's why the USD is called the world reserve currency.