|
Zimbabwe Bank Issues $500million dollar note (pg. 2)
|
View this Thread in Original format
| DJ Damerchi |
| im a mofukin billionaire cheeeaaaaaaa |
|
|
| pkcRAISTLIN |
| quote: | Originally posted by Capitalizt
Gotta love central banking ;) |
youre a ing idiot. |
|
|
| pkcRAISTLIN |
| quote: | Originally posted by ********
Why not just issue us currency or another countries currency print some off covertly and import stuff? |
gee, i dunno. maybe because its illegal? |
|
|
| Lebezniatnikov |
If true, this could be the beginning of the end for Mugabe.
| quote: | Soldiers rampage at Harare bank
Dozens of troops have run amok in the Zimbabwean capital Harare after losing their temper while queuing up to withdraw cash at a bank.
Riot police used tear gas to disperse about 40 soldiers and a number of civilians who joined the protest.
A local journalist told the BBC troops had looted shops and assaulted passers-by, before the authorities managed to restore control.
The disorder comes as much of Harare is without water amid a cholera outbreak.
Zimbabwean journalist Brian Hungwe told the BBC Focus on Africa programme: "It's unprecedented.
"We've never seen members of defence forces marching in towns, breaking into shops and looting. People are very, very shocked."
'Enough is enough'
The military is seen as one of President Robert Mugabe's core supporters and was accused of taking part in a campaign of violence against the opposition during this year's elections.
Correspondents say that the president's grip on power would be severely weakened if the security forces stopped backing him.
The soldiers vented their frustration on Monday after waiting all day in a long queue at a bank.
Mr Hungwe said the troops urged civilians to join them, leading a number of passers-by to begin shouting: "Enough is enough, let's join the soldiers."
Some riot police stood by smiling as the defence force members ran amok, Mr Hungwe said, before the authorities moved in to disperse the protesters.
He said riot police were still on the streets and there was no sign of the soldiers behind the protest.
The Associated Press news agency reported that gunfire had broken out in central Harare and that hundreds of people had gathered.
Some people threw stones but others cheered on police as they tackled the unarmed troops, who had attacked money-changers, according to AP.
Because of a national cash shortage, Zimbabweans can only withdraw small amounts of money every day - often barely enough to buy a loaf of bread.
The country's economic freefall has been accelerating and the latest annual inflation rate was 231,000,000%. Just one adult in five is estimated to have a regular job.
Earlier, the state-owned Herald newspaper reported that water in the capital had been cut because of a shortage of purification chemicals, as authorities try to contain a cholera outbreak.
At least 425 people have died in recent months from the disease, which is spread by contaminated water.
The outbreak has been fuelled by the collapse of Zimbabwe's health and sanitation systems. The disease is easily treatable but hospitals lack medicines and staff.
The health minister said people should stop shaking hands to prevent the disease spreading.
Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/...ica/7759060.stm |
Hopefully it won't be too late for the population - if Mugabe doesn't go soon, the people will surely die of thirst. |
|
|
| pkcRAISTLIN |
| even if mugabe DOES go, how exactly will the new executive be able to fix the calamities plaguing the country? :( |
|
|
| Lebezniatnikov |
| quote: | Originally posted by pkcRAISTLIN
even if mugabe DOES go, how exactly will the new executive be able to fix the calamities plaguing the country? :( |
He won't - right now what they need is someone who can stop the bleeding. And at this point I'm willing to put the needle and thread in anybody's hands. |
|
|
| pkcRAISTLIN |
| quote: | Originally posted by Lebezniatnikov
He won't - right now what they need is someone who can stop the bleeding. And at this point I'm willing to put the needle and thread in anybody's hands. |
well, if you're really that desperate i think george bush will have a free schedule soon :p |
|
|
| Lebezniatnikov |
| quote: | Originally posted by pkcRAISTLIN
well, if you're really that desperate i think george bush will have a free schedule soon :p |
Honestly... Dick Cheney would be preferable to Mugabe. |
|
|
| pkcRAISTLIN |
| quote: | Originally posted by ********
Pusha it ain't illegal if you make the laws too, stupid. |
oh right. so the laws in zimbabwe would overide the laws in the US that specifically target conterfeiting of its currency?
how bout you stop smoking drugs and return to reality before posting such nonsensical bull. |
|
|
| Groundhog Boy |
| quote: | Originally posted by ********
It is ludicrist though.. they may as well just "pause the system" stop printing notes totally, and declare economic collapse, there is no reasonability to the system, they should be using a stable currency for the time being like the chinese yuan.Which holds relatively stable value.
EDIT YUAN = RNB |
That's just absolutely ludicrist. |
|
|
| pkcRAISTLIN |
| quote: | Originally posted by ********
In Zimbabwe, yes. |
oh right, must'nt be against any body else's laws then :rolleyes: and they sure wouldn't get caught!
| quote: | Originally posted by ********
Since when have I smoked drugs? It makes absolute sense.
Personally I find smoked drugs to be second to vapourizers, or digested drugs, as smoke is a carcinogen. |
smoke it, stick it up your ass, whatever. your posts show a distinct lack of understanding concerning reality and i posit that you're under the influence almost every time you post. i could be wrong, which just means you're crazy. for your sake i hope its the drugs. |
|
|
| pkcRAISTLIN |
| quote: | Originally posted by ********
That post was posted quite a while ago.
I still think transfering the dollar over is the answer - BUT - the bankings system and government are closely intwined. It is only a matter of time before the system becomes more ifficient - printng paper and synthetic bills is NOT efficient. While having some money imaginary and other money real is not TRUE.
The nature of commodities makes commodities volitile, however some are more secure than others, but it is really a matter of period.
System wont change UNTIL a collapse or serious threat of collapse.
China is a very strong growth country --- and is not in recession. |
tell me what's supposedly wrong with the system. |
|
|
|
|
