June 17, 2015 at 12:48 pm #41919
Is this the future for all of us? Will we be trading the U. S. Dollar for a World Currency and pay us penny’s on the dollar? We all know there will be a collapse of the dollar in our future so we need to prepare.
Trillions and trillions of old Zimbabwe dollars bring just a few cents for annoyed residentsJune 18, 2015 at 11:25 am #41927
Ah yes, the after effects of the commies.
These old zimdollars were worthless then, much like the reichs marks when it took a wheelbarrow full to buy a loaf of bread. They were worth pennies then. Why would that change after the re-valuation?
zim had one real asset, and they’ve killed them or run them out.
Here’s a funny thought.
As much as comrade bob hates the west, hates whitey, what are they using as currency? To back their purchases? It ain’t the yen despite the chinese having their hands down bobs pants and running him like a puppet.
Its the dollar and the rand.
Irony.February 29, 2016 at 8:40 pm #47631
Update on Zimbabwe: the government is taking away all the diamond mines from their owners by refusing to renew their licenses. They say they are not nationalizing them.
HARARE, Feb 24 Zimbabwe’s Diamond Mining Company (DMC) plans to sue the government for breach of contract after the Southern African nation banned gem mining in the east of the country, a company official said on Wednesday.
Zimbabwe’s mines minister on Monday ordered nine companies operating in the Marange fields to stop all mining activities and leave immediately because their licences had expired.
22 Feb 2016
Zimbabwe’s president kicks out private diamond miners, nationalizes …
Robert Mugabe on Monday ordered the expulsion of eight foreign diamond mining companies and turned over all mining overations to the newly formed, government-run Zimbabwe Consolidated Diamond Co.
Meanwhile, Ol’ Bob celebrated his 92nd birthday to the tune of $1,000,000 while his countrymen are starving and they are in the midst of an incomprehensible drought. (Why does his wife look like Michele Obama – bottom photo?)
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