me 32,00jobs in uth africa are said to be under threat. the big problem is the industry's dependence on china. mo than ha of the material nd here nt to cha. dema has nowropped. >> this whole town was built upon the iron ore mines. >>early evyone is fected. shops ha to closfor lackf custers. prices for real estate have noseved. >> you can see another for sale sign. he came to me with tears in his eyes. he just bought a house and the value is dropped dramatically. he is not going to be a reseller property. the story is the same all over the town. and in other mining towns in south africa. companies that only benefited indirectly from the mining wealth such as the construction industry are also packing up and leaving. allen: it is a microcosm of what is happening to commodity-based economies around the world. it is a bad situatn where the good times the economy grows and people are employed but during the downturn people are leaving. the jobs are being cut. a lot disappotment. zaia and aola are the sa situati. >> we attended a trade union mee