Article

2015-12-24 Africa Subsaharan

Zimbabwe Makes Chinese Yuan Legal Tender

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Posted by Steve White 2015-12-24 00:00|| || Front Page|| [3 views ] Top

#1 Makes sense since most Rhodesians are using the local currency to wipe their butts.

Posted by Sock Puppet of Doom 2015-12-24 00:09|| 2015-12-24 00:09|| Front Page Top

#2 A quote from the introduction of Herman J. Cohen's The Mind of the African Strongman.

Listening to Africa's founding fathers, as I have over thirty eight years, the dominant message is clear. "Our peoples are immature. They are not ready to be given responsibility for our nations' economic progress. We need to provide close guidance and exercise control."

In short, sub-Saharan Africa has been, and to a great extent continues to be, a prisoner of its cultural history.

Nothing says control like marching arm-in-arm with the Communist Chinese. I would suggest however, that Cohen's observations are in no way the exclusive domain of the sub-Saharan political elite.

Posted by Besoeker 2015-12-24 03:11|| 2015-12-24 03:11|| Front Page Top

#3 Whenever I new colonialism in Africa---this time by the Chinese---I immediately think---Chinese don't need locals for labor.

Posted by g(r)omgoru 2015-12-24 06:07|| 2015-12-24 06:07|| Front Page Top

#4 Nothing says 'stable, world-class currency' quite like an official endorsement from Zimbabwe!

Posted by Raj 2015-12-24 11:22|| 2015-12-24 11:22|| Front Page Top

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