There's a R1000 maintenance tweet doing the rounds. It's not it per se I want to talk about but the conversation on it does trigger a lot of things in me& life in SA generally. The issue of low or nonexistent incomes in many households tends to escape us.

We tend to view life only with our lenses of privilege or bias depending on our station in life. The reality for many rural &township households is extremely brutal in this country. There are still people who earn R1000 or less as a month's wage. They often do heavy manual labour
It took time for my grandparents to be convinced to go over R1000 in paying their live-in helper. That was some years ago. My grandfather had pension from eThekwini municipality &my grandmother is on SASSA.They were lucky to accumulate some savings, they run their household fully
But we are a very lucky few to have grandparents in their late 80s who are still this financially independent. Sure we do things at home but not the basics, including not having to build a house for them etc. This is almost out of the norm experience.
A lot of people in our country have salaries below R10 000 pm. They have to divide this between their needs (food&transport), some dependents and sending remittances back home so that their parents and other loved ones can put some bread on the table &complement some grants.
Then there are other problems in the system. Some people fail to register their children within the 30 days. It causes massive problems, no CSG access& eventually no schooling for some bcoz the schools can't claim subsidies for learners who aren't on the population register.
In a country like ours, we will barely solve the issue of low incomes in our lifetime. The structural forces that reproduce it are too vast& with such high unemployment, wages are likely to take a knock further as people resort to having some income than none at all.
It is for this reason that we must fight even harder for access to QUALITY public goods and services. It is our only saving grace because it will ordinarily drive down the cost of living for many poor households that are struggling. E.g. look at the health system in these areas.
If one member of the household has to go see a General Practitioner in town for whatever ailment, that home loses significant money to its income. Public health services are congested & unreliable at times, so people sacrifice for what appears a better choice, a GP.
But if we made sure that we build state of the art public facilities, we would be in a far better position. Yeah yeah NHI talk is here but the facilities are poor in many communities & so NHI will still be a struggle. Referral hospitals are fewer in the more rural provinces...
.rehabilitation facilities are even more scarce here. So life is a form of condemnation and only those in more urban settings can talk about some chance of quality healthcare. But even in Durban, the backlogs on things like a colonoscopy in the public system is high& unacceptable
The point I am making is a simple one. Life is very difficult in SA with poor public goods& services in communities that need them the most - rural and peri-urban communities. Wages are extremely low in SA, thus people's affordability is tight& affects people's quality of life.

More from Government

The Government is making the same mistakes as it did in the first wave. Except with knowledge.

A thread.


The Government's strategy at the beginning of the pandemic was to 'cocoon' the vulnerable (e.g. those in care homes). This was a 'herd immunity' strategy. This interview is from


This strategy failed. It is impossible to 'cocoon' the vulnerable, as Covid is passed from younger people to older, more vulnerable people.

We can see this playing out through heatmaps. e.g. these heatmaps from the second


The Government then decided to change its strategy to 'preventing a second wave that overwhelms the NHS'. This was announced on 8 June in Parliament.

This is not the same as 'preventing a second wave'.

https://t.co/DPWiJbCKRm


The Academy of Medical Scientists published a report on 14 July 'Preparing for a Challenging Winter' commissioned by the Chief Scientific Adviser that set out what needed to be done in order to prevent a catastrophe over the winter
1.
Act of 1871
This is VERY Long but it will end with a MEGA BOOM!
Bookmark it and read it in small bits to digest it all.

This info, comes from some reputable anons and my own digging, compiled together as a superthread!
InevitableET, IPOT... to name a few.

2.
https://t.co/udep5WEYUp
https://t.co/bnzeQek6zv


3.
The TL; DR version is they, by military force, and illegitimate legislature, amended the constitution against the will of The People and legally tricked us into becoming unwitting indentured slaves of human capital and resources to THE UNITED STATES OF AMERICA the corporation)

4.
Republic vs Democracy
-They needed to get away from the Republic and create a Democracy in order to drive us towards socialism and inevitably a dictatorship (National Socialist Party aka NAZI)


5.
Flag

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MASTER THREAD on Short Strangles.

Curated the best tweets from the best traders who are exceptional at managing strangles.

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• When to sell
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Sir on how to sell low premium strangles yourself without paying anyone. This is a free mini course in


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• Sold Strangles 20% cap used
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• Identified a reversal and sold puts

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• When achieved 2% profit through puts then sold