Monday, July 31, 2017

Zimbabwe, From Disaster To Disaster

When President Mugabe’s party, ZANU-PF, regained control in 2013, economic instability ensued and government spending surged along with public debt. With the central bank’s inability to finance the government (read: print Zim dollars), Zimbabwe resorted to monetary trickery and mischief.

from Forbes Real Time http://www.forbes.com/sites/stevehanke/2017/07/31/zimbabwe-from-disaster-to-disaster/
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