the SOUTH AFRICAN CREDIT ACT IS THE BIGGEST TRAVESTY IN SOUTH AFRICA TODAY...

IT EXCLUDES 41 million people from having credit or getting access to rental accomodation and housing the SOUTH AFRICAN BANKS ARE A GROUP OF PEOPLE WIDELY AND THOROUGHLY INTENT ON KEEPING THE MAJORITY OF THE POPULATION IN INFORMAL HOUSING AND ON THE STREET THROUGH THIS HEINOUS AND STUPID PIECE OF LEGISLATION -- and it is hence the single most contributor to crime in SOUTH AFRICA, due

to the PRECLUSION OF ALL THOSE PEOPLE FROM THE JOB MARKET THE HOUSING MARKET AS WELL AS EVERYWHERE ELSE-- THE CREDIT ACT AND THE NCA ARE A

TRAVESTY IF THEY EVER IMPLEMENT SUCH A THING IN THE USA OR ANYWHERE ELSE THEY WILL REAP AN EVEN BIGGER FAILURE IN MARKETS THAN WE HAVE TODAY -- THE EXCLUSION OF THE POOR HAS LED TO THE HASSLE IN MARKETS --

NOT THE OTHER WAY AROUND -- so do not go and lie to yourselves the SOUTH AFRICAN MODEL FOR BANKING IS BY FAR THE WORST in the world they do not fail because they do not contribute to the housing and needs of the economy in any meaningful way at all.........THE SOUTH AFRICAN CREDIT ACT IS A CATALYST FOR DISASTER AND CRIME.....