Everything is fine until it’s not. When the most recent delegation of IMF staff finished their Article IV consultations in SA, they made it quite clear that we are walking an increasingly fine line between everything being fine, and needing a huge bail-out.

In the same way that Thailand, South Korea and Indonesia were "fine" prior to the Asian financial crisis in 1997, SA is just one current account blowout from being forced to go cap in hand to the very capitalist masters our government professes to loathe.

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