Times of Eswatini

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Sir,

Life is so much better when you look at the bright side of it. People almost or always give up when things don’t go their way. This can be partly attributed to lacking a fighting spirit.

The truth of the matter is that, our economy is crumbling and if we don’t bring change things will only get worse and life at home will be unbearable. As things stand, the price of goods and basic commoditie­s has gone up. That means basic supplies will also go up and if you do not see this you crash and burn.

Of course this means some people will lose their jobs, but one thing you can count on is that in every crisis, there is an opportunit­y, at least according to Chinese philosophy, which I can strongly vouch for.

Where markets tumble, and the economy suffers opportunit­y comes knocking. Look at emerging markets and you will notice that most innovation is born in the midst of trouble. Bitcoins were as a result of the credit crunch and most new businesses are moving away from using cash by using plastic or cashless transactio­ns.

When going into something new don’t just look at what’s already there, look at what’s not there for things can change in an instant. What was new fresh technology is obsolete within the twinkle of an eye.

What’s more is that all these smartphone­s are made to last a certain period of time, so that we either constantly have to update or buy new ones. This is called planned obsolescen­ce. All the food we find in stores are built not to last for ages, but only to stay in shelves a short period so that we keep spending money; the same money that might not be around in the bit so distant future.

A friend and I were saying in about 30-50 years’ time, those who will survive will have to be multimilli­onaires and this will be only do that they can afford basic items like bread and milk.

Andzile

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