By RICHARD POPLAK —

SAfxit: a neologism that describes the South African economy being shot out of the global economy’s bottom, spinning into the greater universe until there is nothing left of the country at all. Africa’s second biggest economy is in better shape than Greece’s, even if Athens achieved a ‘deal’ with its European masters early on Monday morning. But there are real problems with South Africa’s fiscal books, and they can’t be solved by Angela Merkel forcing us to wear a gimp suit until we’re shamed into respectability.

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