"The welfare state is collapsing all around us. There are people that realize that we can't go on this way, but I'm not sure how many people realize how close we are to the collapse of the U.S. financial system."

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What is the worst, is that you will have the meltdown of Zimbabwe that the IMF is talking about. And indeed what you will have is growing unemployment in Zimbabwe, growing impoverishment among the people, growing social conflict. And I think that is the worst sort of outcome, that collapse of Zimbabwe certainly would have a much, much worse effect on the region than mere image.

— Thabo Mbeki