SAF and looming recession - debt.

www.bbc.com/news/business-28897049

Is South Africa heading towards recession?

22 August 2014 Last updated at 16:20 BST

Investors in South Africa are preparing for the release of the latest economic figures, which could show that Africa's second largest economy has tipped into a recession.

South Africa was last in recession in 2008, at the height of the global financial crisis. By 2011 it had made a substantial recovery, but now there is a possibility it will slip back.

Lerato Mbele reports for Africa Business Report.

Real incomes (for those lucky enough to be productively employed and earning a regular income) are lagging behind the cost of living...aggregate demand therefore slowing as people are indebted to the hilt and cannot access any more credit to sustain / maintain their livelihoods...

Hard times ahead...

Did Saf escape the world wide recession that hit a few years back

The rich always end up richer after a recession, I'm sure they induce them