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Post by cjm on Apr 2, 2014 4:57:51 GMT
www.forbes.com/sites/jessecolombo/2014/03/19/a-guide-to-south-africas-economic-bubble-and-coming-crisis/... As Africa’s wealthiest major economy, South Africa has played a key symbolic role in the emerging markets boom that has transformed the global economy in the past decade. Unfortunately, like most other emerging economies now, South Africa is experiencing an economic bubble that shares many similarities to the bubbles that caused the downfall of Western economies in 2008. Though South Africa has received a significant amount of attention after its currency fell sharply in the past year, there is still very little awareness and understanding of the country’s economic bubble itself and its implications. ...
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