[Nmoitmzr]

African leaders who have just ended a meeting with the UK Prime Minister Gordon Brown ahead of the G20 Summit have warned that the Global economic crisis still pose threat to the security in their continent. Eleven African nations were represented in the two days summit including Africa?s only female President Ellen Johnson Sirleaf of Liberia,?

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[layedgebiamma]

SA brought back the credit law, or whatever it is called , a few years ago, meaning people are not allowed to borrow money beyond their incomes.


I recall the days when we bought our first house, we had to put down 25% in cash as a deposit and our monthly payment towards the mortgage was not to be more than 25% of the main bread winner's income, that changed a few years later to include the income of both husband and wife.


SA has also been hit by the credit crunch, but I honestly think not as badly as the UK, the main problem in SA is unemployment, caused mainly by all the illegals living there..... sounds a bit like the UK, does it not?


No wonder crime is increasing everywhere, people are in need and crime seems to pay sometimes...