INSANITY, COWARDICE & CAPITULATION

Insanity, cowardice and capitulation readily describes the march of events of the past week. 

South Africa was launched into a crazy place with the firing of finance minister Pravin Gordhan by the country's irrepressible Teflon man, Jacob Zuma.  It was a repetition of the insane economic upheaval that gripped the country after Zuma fired Nene.  This time, however, Zuma has unleashed irreparable economic harm and political turmoil.  

The stakes are now much higher as South Africa had been downgraded to junk status.  Many hoped Zuma had finally met his Waterloo as a number of top party officials had called on him to step down.  In response Zuma successfully marshaled his lackeys, who came to his aid once again.  

As for the mutiny of the few, with cap in hand, they agreed to toe the line.  In doing so, their moral compasses were reset, never to navigate beyond cowardice and capitulation.  Be prepared for dark days ahead.