Mike Balmer

Software Architect. Conservative with a good sprinkling of free marketeer. Don’t follow me because I don’t even know where I’m going

[Mike Balmer @WizardKittySA]

🚨 Looking at the next 10 years, which developed country looks MOST at risk of a serious decline ❔👇

[Mike Balmer @WizardKittySA]

@Abramjee SAPS released clearer photos of the prime suspects...

[Mike Balmer @WizardKittySA]

@FinanceGhost Brothels. I now stick to basic service only. Strictly no extras 😢

[Mike Balmer @WizardKittySA]

@bowtiedmeathead Classic physique at the Mr Olympia has the aesthetic physiques you are looking for. Skip the Open and 212 class where the mass monsters are

[Mike Balmer @WizardKittySA]

@Mothematiks Rest assured brother, all the taxes you pay are going to support good causes 🙂👍

[Mike Balmer @WizardKittySA]

If exporting steel were a viable solution, AMSA would have pursued it. If the business had a credible turnaround prospect, private sector investors (local and intl), would have shown serious interest in buying it.

A government that cant even run a post office or provide affordable & reliable electricity is never going to turn it around. This will become yet another financial albatross around our necks, one South Africa can ill afford.

[Mike Balmer @WizardKittySA]

@ZANewsFlash This Floyd? 👇😉

[Mike Balmer @WizardKittySA]

@LouisGq @DailyInvestorSA Ofcourse, because India and China have electricity prices 1/3rd of what SA has and booming economies that actually drive demand for steel. "Skill" is not enough when there is zero economic growth, little demand for steel along with rocketing electricity prices.

[Mike Balmer @WizardKittySA]

@bocasho_braaf Amusing 😉 The state cant even fix potholes or cut grass. Every parastatal is run into the ground and in total dysfunction, but if we print Billions and give it to the same failing state, it will magically be spent responsibly and productively.

Fairy tales for the gullible 🔮

[Mike Balmer @WizardKittySA]

@ErnstRoets Your predictions for what happens to the ANC in a post Ramaphosa presidency?

Do coalition governments with the DA hold or is there a risk of them turning populist under new leadership and reuniting with the radical parties?

[Mike Balmer @WizardKittySA]

@LiebenbergCarl @DumaGqubule What?! A country can actually grow its economy by not printing money and cutting state spending?! What black magic is this Milei Sangoma practicing. 😁

[Mike Balmer @WizardKittySA]

@ITUATPTA @CilliersB Another poor gullible soul 🙁

[Mike Balmer @WizardKittySA]

@SabeloMntungwa_ @CilliersB Another poor gullible soul...😟

[Mike Balmer @WizardKittySA]

2/2

🇬🇧 UK: Debt is ~100% of GDP while 10-yr gilt yields have surged past 5.2%—making debt service a fiscal black hole alongside crumbling public services.

🇨🇦 Canada: Household debt sits near 100% of GDP (highest in the G7). Rapid population growth + a massive housing bubble = tanking GDP per capita.

[Mike Balmer @WizardKittySA]

🚨 Looking at the next 10 years, which developed country looks MOST at risk of a serious decline ❔👇

[Mike Balmer @WizardKittySA]

1/2 The hard numbers behind the poll 📊👇

🇫🇷 France: Debt has hit ~118% of GDP with deficits stuck above 5%. A deadlocked parliament can't pass cuts, and bond spreads are widening.

🇮🇹 Italy: Debt sits at a massive 140% of GDP. Paired with a 1.2 fertility rate & zero productivity growth, the demographic math is brutal.

[Mike Balmer @WizardKittySA]

@4nkz @DailyInvestorSA Thats even better. If tourists have to come all the way from abroad, it means they will spend far more on travel, accommodation, gifts and food then the average South African would that visits locally.

[Mike Balmer @WizardKittySA]

@CharlesHSavage @EasyEquities How do you expect Elon to hand over free SpaceX shares for kids in SA, when the government won’t even let him operate Starlink here because of his skin colour? 😑😕

[Mike Balmer @WizardKittySA]

@Sizekhaya_RF 😉

[Mike Balmer @WizardKittySA]

@Sizekhaya_RF When the winner realizes he forgot his Powerball ticket in his Jeans pocket and put it in the wash... 😭😉