Zimbabwe: Like Jewish Weimar: Cash crisis AGAIN! – EXCELLENT!


Jan‘s Advertisement
Former German SWA: Namibia: Black Judge has sex with 9 and 10 year olds
A senior Namibian judge was arrested on Monday on a charge of raping a 10-year-old girl..


[It delights me to see Zimbabwe sinking again and again, long after the whites have gone. It brings tears of JOY to my eyes. The blacks have tried so many times to get their currency going since they wiped out the white farmers, and each time it sinks. They've tried every trick in the book. Its wonderful. Jan]

The introduction of new notes by the Reserve Bank of Zimbabwe (RBZ) last month has failed to end the cash crisis that has been bedevilling the country for several years.

Long winding queues are still the order of the day at various banks in Harare, with depositors allowed to withdraw a maximum of $100.00 which has already been decimated by runaway inflation.

An independent economist, Kudakwashe Machere told Zim Morning Post that the government should simply dollarise. He said:

INTRODUCING NEW CURRENCY WHEN PEOPLE DO NOT HAVE FAITH IN THE BANKING SECTOR IS TRYING TO PLANT TOBACCO IN A DESERT, YOU WILL NOT GET ANY RESULT.

The persistent cash shortages at banks continue at a time when cash barons sell crisp new notes in the streets without any hindrance.

Cash has been extremely scarce for many years with the RBZ governor John Panonetsa Mangudya introducing the bond notes in 2016 and the surrogate currency has now morphed into the new currency.

Source: https://www.zimeye.net/2019/12/07/new-currency-fails-to-solve-cash-crisis/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+Zimeye+%28ZimEye+News+Update%29



Jan‘s Advertisement
Video: 50 Years of Race War in southern Africa presented by Jan in Canada
This lecture is JAM PACKED with tons of facts about us Whites in southern Africa and the wars we fought against Black Communists and AGAINST BLACK RULE. We did NOT want to be ruled by Blacks.In this lecture, I show photos and also videos about many of the key things that happened between us and the Blacks. This is primarily a presentation of how we fought wars over decades, even though there were only a few of us.

%d bloggers like this:
Skip to toolbar