Thread by @JustXavierB

#RecordPowerBallJackpot

So of all the crazy ideas that I have on my table at the moment one was really on the fringe

Basically entailed a Non Profit Organisation to deal with one of the greatest threats to both inequality which @PresidencyZA loves & the economy @tito_mboweni

What the main mandate of the organisation was meant to achieve is to remove South Africans out of debt through charity.

The basic idea of charity is often that it must be aimed for those less fortunate, but in the last 2000 years that charity has existed very rarely...

Has it actually completed this objective.

Don't get me wrong it has helped and continues to help great amounts of people but what if one single charity was aimed at helping the middle class or lower middle class escape the clutches of debt.

I know since I opened...

My first account I would not sleep if I had not made the payment.

This only happened very rarely due to my near perfect record of payment.

Still I racked up more & more debt as certain opportunities were not available.

Then I thought someone like Patrice Mostepe can...

Actually buy my entire life.

As in for less than 1 million rand I would not have any debt or reason to accumulate more debt.

The same can be said of many South Africans.

So to that end I believed as crazy as it is that if I were to write to him he would hear me out on...

The following idea.

The Organisation would essentially vet cases of people who would apply to it and fund debt payment in settlement of a single account of theirs to the value of 100k per a month.

So that could help 10 people with 10k on their Markhams accounts or 1 person.

Its not a perfect system but in return this person would sign an agreement to not take any new credit for 5 years and make voluntary donations to the charity.

Of course you can see why the whole idea was crazy & why I didn't write to Patrice.

Still I do think of it...