Wednesday, July 16, 2008

Pass the Ball

Seems like the pessimism train is never late in South Africa, the latest statistics apparently show that most South Africans are pessimistic about hosting the Soccer World Cup.

If I've learnt anything from Economics it's that negative sentiments exacerbate poor economic situations, if not cause them. This is caused based on the actions performed by the people in light of the negative sentiments. This is what economists like to call a self fulfilling prophecy. For example often times when people start thinking that a recession is on its way; they start gearing themselves towards a recession, the trend starts to spread until it reaches a tipping point; then WHAM before you know it the economy is actually in the middle of a recession, due to their actions.

What we need is a little more optimism and confidence; that this country can pull off the World Cup. If we were Aussies right now, statistics would probably show that we were at least 99.9% optimistic of our hosting success. Say what you want of our arrogant, sheep-loving friends from down under but if it’s one thing that they have going for them, it’s their abundance (too much at times) of confidence and patriotism.

While others may be bleak in outlook; I remain pretty positive. In fact I’ve just assigned myself to the position of World Cup Optimism Custodian; to try and convert naysayers; if my logical arguments fail to convince you. I might just have to resort to blowing one of those irritating vuvuzelas in your face; until you see otherwise…

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