How To Profit From The Inevitable Descent Of South Africa | Zero Hedge

Some people think this is about white & black. My question is about the green? How does this help a country? Or Hurt ?
So if white farmers are kicked off their land without compensation, who really loses (ex the farmers)?
Ok, who really owns South African farmland? Here's a hint:
So who is going to pickup the debts (mortgages) that white South African farmers have attached to their land when they get kicked off? They walk off with nothing, so there will be no way that the banks will be able to have any claim with them. I don't think the new "owners" will take over their debts.
So either South African banks take it on the nose and have their balance sheets wiped out (i.e. the banks would collapse)... or the South African government will have to make good on the debts that are owed to the banks.
But where does that money come from? Issuing new debt (printing money).
And who will buy that and at what price? It would come at a huge price. And if South African bond yields skyrocket, what do you think will happen to the cost of capital in South Africa? Interest rates will go through the roof.
And what effect will that have on real estate prices and on the broader economy? I think you are getting my train of thought.
The experience from Zimbabwe "land grabbing", which started in about 1999:
In short, in order for the expropriation of land from white South African farmers without compensation to "work" there, by "definition", has to be an economic collapse of GFC portions. There is no other way for this to play out. Well, unless a miracle happens.
We invest when the odds are firmly in our favour of not being wrong and when the payoff is huge. We don't invest on the hope of a miracle.
We won't get into the specifics of the trades that we're employing at Insider, but the way I see things, I will be very disappointed if we don't get at least 5:1 payoffs from these trades within 5 years.