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2006-08-02 Africa Subsaharan

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Posted by Fred 2006-08-02 00:00|| || Front Page|| [2 views since 2007-05-07] Top

#1 Marvelous. Only one wheel-barrow needed, instead of three.

Posted by Fordesque 2006-08-02 00:31|| 2006-08-02 00:31|| Front Page Top

#2 "rescue" and "stability". Gideon's a regular Greenspan, he is.

Posted by PBMcL 2006-08-02 02:56|| 2006-08-02 02:56|| Front Page Top

#3 I'm very confused. Was it because they lacked space on the bills to put all the zeros? Couldn't they have made bigger bills? Bigger is better, isn't it? Or perhaps left a blank space to put the desired number of zero, as needed by inflation. It's not like it would have lessened the trust of the people into the currency or something, I mean.

Posted by anonymous5089 2006-08-02 03:21|| 2006-08-02 03:21|| Front Page Top

#4 Might as well hand out pads of blank paper, a rubber stamp, and a pen to each, er...consumer.

Posted by Seafarious">Seafarious 2006-08-02 04:42|| 2006-08-02 04:42|| Front Page Top

#5 Following Mexico's lead...now there's a recipe for a successful economy.

Posted by gromky 2006-08-02 06:17|| 2006-08-02 06:17|| Front Page Top

#6 Hint to Gideon Gono: what it says on the piece of paper is NOT what determines the value of cash.

Posted by Robert Crawford">Robert Crawford 2006-08-02 06:26|| http://www.kloognome.com/]">[http://www.kloognome.com/] 2006-08-02 06:26|| Front Page Top

#7 The UK annexed Southern Rhodesia from the South Africa Company in 1923. A 1961 constitution was formulated that favored whites in power. In 1965 the government unilaterally declared its independence, but the UK did not recognize the act and demanded more complete voting rights for the black African majority in the country (then called Rhodesia). UN sanctions and a guerrilla uprising finally led to free elections in 1979 and independence (as Zimbabwe) in 1980. Robert MUGABE, the nation's first prime minister, has been the country's only ruler (as president since 1987) and has dominated the country's political system since independence.

And there you have it! Thank you Great Britain.

Posted by Besoeker 2006-08-02 07:52|| 2006-08-02 07:52|| Front Page Top

#8 Now, if they'd only get rid of the big zero running their government.

Posted by DMFD 2006-08-02 08:26|| 2006-08-02 08:26|| Front Page Top

#9 In related news, Sources said Mugabe's money will be unaffected by the change, since he has only US Dollars and International Gold currency".

Posted by mcsegeek1 2006-08-02 10:21|| 2006-08-02 10:21|| Front Page Top

#10 ...and if that doesn't work, don't worry. We'll just print more.

Posted by Gideon Gono 2006-08-02 10:30|| 2006-08-02 10:30|| Front Page Top

#11 Since America got it's fiat currency in the 70s inflation has been roughly 1200%

Posted by Bright Pebbles 2006-08-02 10:30|| 2006-08-02 10:30|| Front Page Top

#12 I'm no accountant, but if the bills have FEWER zeroes, but goods "cost" the same, then wouldn't you have to carry MORE cash? In other words, if all the sudden we didn't have $1,000 bills (but only $1 bills), but a loaf of bread still cost $1,000, then I have to carry around 1,000 $1 bills instead of 1 $1,000 bill!

Posted by BA 2006-08-02 10:45|| 2006-08-02 10:45|| Front Page Top

#13 The very definition of "fiat" money.

Posted by mojo">mojo 2006-08-02 13:43|| 2006-08-02 13:43|| Front Page Top

#14 (myopic synopsis of Rhodesia culled)
"Thank you Great Britain"
Yes! 75 years of building infrastructure, developing such things as the judiciary, sustainable farming, communications, be PC! hand it over to your commie tribes and within 10 years you too could have a basket case state to rival North Korea.

Posted by pihkalbadger 2006-08-02 13:56|| 2006-08-02 13:56|| Front Page Top

#15 Dis reg pihkalbadger, well said !

Posted by Besoeker 2006-08-02 14:02|| 2006-08-02 14:02|| Front Page Top

#16 Are we suggesting that white people organize and operate government and various commerce better than black people ?
Heh, heh, heh, heh, heh. Whoops, there's an elephant in the room.

Posted by wxjames 2006-08-02 14:45|| 2006-08-02 14:45|| Front Page Top

#17 No we are suggesting that free people in a market economy organize thing better than communists in a represive regime.

Posted by kwame 2006-08-02 15:09|| 2006-08-02 15:09|| Front Page Top

#18 It takes intelligence, planning, hard work, and a bit of knowledge of how the world works to develop a government that will work. All it takes is one or two a$$hole dictators to screw it up. Zimbabwe is just an extreme example. Take a long look at South Africa, many of the Pacific island nations, the rest of Africa, and many parts of Asia for additional examples.

Posted by Old Patriot">Old Patriot 2006-08-02 21:57|| http://oldpatriot.blogspot.com/]">[http://oldpatriot.blogspot.com/] 2006-08-02 21:57|| Front Page Top

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