Wednesday
Jan092013
Meanwhile In Zimbabwe: 9 Million Percent Inflation
Trading gold for bread to survive. This is a must watch.
---
Nine million percent annual inflation:
Interrrupting QEternity, for a special broadcast from Zimbabwe.
Reader Comments (14)
I can't help but wonder if any of these people are having some second thoughts about running all the farmers and industrialist out of the country.
Added to this...Why hasnt the US/China taken over this dictator? What Zimabewean would fight for this tyrant ?
The US choses to War for its resources while China and many other countries simply negotiate...Why doesnt China negotiate a system of equitable dependable resource attribution. Pass on community educational paradigms which will foster strong connections with China/Japan. Looks like a potentially "golden" opportunity for some superr power.
They use it for fertilizer.
Much profit is being made of these peoples suffering, we need to look further up the chain, until we find those who are benefiting from the suffering of these people. Cui Bono.
On a side note, it's funny that US$ don't seem to be being used, maybe even the Zimbabweans have lost confidence in that fiat (would make sense as they have recent experience of worthless fiat). But Shirley there are alternative mediums of exchange other than gold that the people have to go and pan themselves. ... I'm sure there are, but don't call me Shirley.
So much for the pseudo economic lessons by people who never bothered to actually read Karl Marx's "Das Kapital" but nevertheless think they can get away with misquoting and misinterpreting it, merely to feign intellectual prowess. For those who fell for the deception, I’d say, Please do humanity a favour and put some effort in becoming more educated.
Oh, and before I forget, Robert Mugabe is a self avowed admirer of Hitler, he even admonished himself the moustache to illustrate such fact. So please don't call the man Communist while he is trying so hard to look like a genuine Fascist.
Before Zimbarbwe told the westerners to 'sod off'
the country was basically a farm for England.
Western foreign policy is essentially 'extractive'
- and then they turn round and blame the people that they are steadily dispossessing
for not being 'on to it' enough to solve their own problems.
And look at it now. A total collapse.
Is this the way Argentina is going?