Before I finish that big hairy piece on Global Mugabenomics, it might be worth thinking about what to do after the economy downstream from the centres of power has been hosed away by the oceans of central bank liquidity and siphoned off by the kleptocrats. Many put their hopes in the hard currency options offered by crypto, but Zimbabwe also got itself a hard currency, in the form of dollarisaiton. Didn’t fix matters. Zim has been left a country with no real political opposition, continued catastrophic mismanagement and a desperate residue of anxious activists clamoring for the slightest victory in the crippled legal system against a bloated and violent kleptocracy.
Alexandria-on-Orange
Alexandria-on-Orange
Alexandria-on-Orange
Before I finish that big hairy piece on Global Mugabenomics, it might be worth thinking about what to do after the economy downstream from the centres of power has been hosed away by the oceans of central bank liquidity and siphoned off by the kleptocrats. Many put their hopes in the hard currency options offered by crypto, but Zimbabwe also got itself a hard currency, in the form of dollarisaiton. Didn’t fix matters. Zim has been left a country with no real political opposition, continued catastrophic mismanagement and a desperate residue of anxious activists clamoring for the slightest victory in the crippled legal system against a bloated and violent kleptocracy.