Since 2014 Johnson has not only predicted the ratings downgrades, but also that SA
will end up having to apply for some sort of IMF bailout.
"This will not be all bad, as the IMF will insist on SA implementing the four things I
mentioned earlier. The IMF is a capitalist organization in the eyes of militants in SA,
but we are running out of institutions willing to lend SA money," he said.
"I think it will be a difficult period until 2019 until a deal is made with the IMF, but I
think then things will start looking up as it could be a chance for a fresh start."
59
