“Gloom and despondency have never defeated adversity. Trying times need courage and resilience. Our strength as a people is not tested during the best of times. As we said before, we should never become despondent because the weather is bad nor should we turn triumphalist because the sun shines.”
Thabo Mbeki
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Shocks and mega trends shaping the global economy have altered how economies around the world need to be organised, managed and thus the instruments therein repurposed.
The popular phrase, “It’s the economy, stupid!” was coined by Bill Clinton’s campaign strategist, James Carville which led to Bill Clinton’s 1992 presidential campaign win against the then sitting president of the United States, George W. Bush.
Tagged:Economics
Posted by Ndumiso Hadebe on June 5, 2008