"Zuma jacked up public spending, but for consumption and corruption, not investment. State-owned companies were drained by Zuma and his lackeys, who are suspected of having looted about the equivalent of 20 per cent of GDP. Constant power outages and collapsing infrastructure contributed to growth collapsing and soon becoming negative. After being halved under the predecessors, public debt doubled under Zuma. Extreme poverty had also halved under the previous administration; under Zuma it not only stopped declining but even began to increase. That’s the way it usually goes. Strongmen who complain that growth takes too long to provide results are like the farmer who has no patience with the harvest and quickly makes himself popular by letting everyone gorge on the seed. Fewer seeds means you will have less to eat next season. Sooner or later, you’ll run out of other people’s harvests, as Thatcher would have said."