Economy in danger of going north

My colleague at Sasfin, Liston Meintjes, reckons that, structurally, the South African economy is the weakest it has ever been. Cynically, he says that if we continue along the present path we'll soon be called South Zimbabwe. It does not necessarily mean he is negative on the JSE. The externalisation of big companies' earnings has shielded the stock market against the economy's downward trajectory.