Brent Crude is trading at $50.60. You may think it's good news. Cheap crude now means all those alternative industries that got legs when it was above $100 (think our local wind farms, the electric cars in production) now face bankruptcy.
The JSE is down almost 4% as job numbers around the world continue to plunge. This is the beginning of a long recessionary period.
The JSE is down almost 4% as job numbers around the world continue to plunge. This is the beginning of a long recessionary period.
 clipped from www.businessday.co.za
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