South Africa doesn’t have a “statistical-error” unemployment crisis; it has a jobs crisis.
Unemployment is exceptionally high — even if elites are trying to pretend otherwise
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China cannot save the world from the economic crisis | by Bruno Jetin
While North America and Europe were hard hit, China has survived the international crisis of 2008, thanks to huge public spending, a low interest rate and consumption subsidies. China’s growth rate reached 9% in 2009 and 10.4% in 2010; in its wake, China dragged Asia...