There are going to be major demands for wage increases and thus causing further inflation.
More Quotes from Eric Bloch:
Greater expectations of foreign currency generation from the manufacturing and the mining sectors will help narrow the gap but not close it.Eric Bloch
Concerns, however, remain on the level of the national debt, inflation and lack of investment.
Eric Bloch
What is disturbing the industry and other businesses is that the power goes at anytime of the day and this does not enable the industry to plan. Production is affected.
Eric Bloch
There has never really been any threat of expulsion, just the hype in some international circles to try and frighten us. The motion would require 85 percent of the total votes.
Eric Bloch
There is no doubt the government will have to borrow to finance the salaries and this is destructive economically.
Eric Bloch
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