With the rising interest rates, no increases over the past 2 - 3 years, a bad sales run for the past 24 months so no commissions, things are starting to get tough. Finances have never been so bad, and I'm looking at other means to add to my income.
However, I am not alone in this situation, as some people I have talked to in the past few days seem to be in much the same position. I don't think the economy is really as strong as some would like to think it is. I think there is more disposable income available in the lower class, poorer class, and they are spending it all, which gives the impression that there is money in a bundance out there. But, the fan it going to hit the proverbial, and I think the aftermath will be very ugly. In fact, politically, it could be the ruin of some of our politicians, as the masses will blame the current governors, and will hastily push in the president in waiting, believing he will make a differance. Such is the politics in Africa.
Time will tell.
Salagatle!
3 comments:
Same problems here in Canada and the US are talking about a coming recession. We might get a job offer to go to Chile. Lots of people we know are going there. Cost of living is low, its safe, fantastic weather, near ocean and mountains, very multicultural and economy is booming. They are looking for people in IT and other domains. I have friends there and they love it. We will see.
Now there's an idea - Chile! Will have to scan the internet. I'm quite happy to go abroad on contract, leaving the family behind (for now) to earn good money.
BTW - what happened to your blog?
Salagatle!
I never had a personal blog. Maybe when I retire I will get one but for now I am too busy with a job, 2 teenagers, a husband and a household to run to invest time in it. A couple of us shared The Secret Garden set up by Aunty Rotter during the summer but hardly anybody posts on it anymore.
Glenn (the hub) is also thinking of going to Qatar but I prefer Chile. He was also offered something with Alcan in PE. Would love to go back to SA. Lived in Joburg for 10 years but crime and taxes make it less interesting.
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