Economic meltdown!!

[Theunis]

I'm a commodity broker in South Africa selling iron ore, manganese, chrome, etc to the international market, mostly to China and India. From experience it seems that the economy is down 30%.

I'm very worried about the state of the world economy. Do you feel the pinch as well? I'm talking about people working for themselves and trying to make a living! What do you think?

Prices are going up and up and where is it going to stop? Are we going into a world economic meltdown?

 

[Spencermm]

I'm a commodity broker in South Africa selling iron ore, manganese, chrome, etc to the international market, mostly to China and India. From experience it seems that the economy is down 30%.

I'm very worried about the state of the world economy. Do you feel the pinch as well? I'm talking about people working for themselves and trying to make a living! What do you think?

Prices are going up and up and where is it going to stop? Are we going into a world economic meltdown?

We(my family) don't feel it yet, but are concerned and keeping a sharp eye on it- though I don't know what we could do about it really.