New Zimbabwe dollar the worst performing currency in the world

[Gordon_R]

Well they are following the textbook example of how to get hyperinflation each time.

I thought the Zimbos are smarter than this.

The people may be smart, but when your supreme leader is a military man, logic goes out the window...

 

[surface]

But they have the land...

But no high iq people there like here..

 

[surface]

I thought the Zimbos are smarter than this.

Tiny flag guys tell me that rand was stronger than dollar at one stage. Does it mean those guys were smarter than muricans?

 

[ProfA]

Folks, gloating at our neighbours bad fortune does nothing for SA. Just means we will have more people flooding our borders and creating heightened tensions within SA.

No problem. Every so often, they are invited to leave by the locals.

 

[RedViking]

Lew, where are you?

 

[Sarg3_ZN]

well I never ... what a shock ... this was completely unpredictable ... absolutely nobody saw this coming

probably that van Riebeeck mothertrucker again!

What about that bloody agent Cecil John Rhodes?

 

[Gordon_R]

Tiny flag guys tell me that rand was stronger than dollar at one stage. Does it mean those guys were smarter than muricans?

Parity with the rand last occurred in the late 1970s when the US experienced currency depreciation following the Vietnam War and the first oil price shock. At the time South Africa was a major gold exporter, and benefited from skyrocketing prices.

The situation has changed substantially since then, but we have never experienced hyperinflation.

P.S. I remember buying a copy of Scientific American for R1.25 when the cover price was $1.50. Now its more like R75 and $5.

 

[rietrot]

Tiny flag guys tell me that rand was stronger than dollar at one stage. Does it mean those guys were smarter than muricans?

Yes.

 

[ponder]

P.S. I remember buying a copy of Scientific American for R1.25 when the cover price was $1.50. Now its more like R75 and $5.

I recall a dollar costing 80 odd cents back then.

 

[TelkomUseless]

Sadly Africa is going to exploited for a loooong time. Non-Africans see how African leaders exploit their own people for power and money and this makes it easy to manipulate and exploit the leaders. The Chinese know this and they appear to be exceptionally good at it.

Spot on!

 

[Jet-Fighter7700]

failed african state, like Somalia
if Zim was near an ocean, we'd hear how they try to Hijack ships to sell the scrap metal or cargo.

 

[ɹǝuuᴉM]

But no high iq people there like here..

There is a world map doing the rounds on the forum. It might give an answer.

 

[ShaunSA]

Folks, gloating at our neighbours bad fortune does nothing for SA. Just means we will have more people flooding our borders and creating heightened tensions within SA.

So if people don't gloat we won't have people flooding our boarders?

Someone should alert Trump he doesn't need a wall

 

[ShaunSA]

What Zim needs is Nomvula "pick up the rand" Mokonyane

 

[surface]

Yes.

And you got their genes, how impressive. Well done sir.

 

[rietrot]

And you got their genes, how impressive. Well done sir.

Thank you. Don't be jealous now.

 

[surface]

Parity with the rand last occurred in the late 1970s when the US experienced currency depreciation following the Vietnam War and the first oil price shock. At the time South Africa was a major gold exporter, and benefited from skyrocketing prices.

The situation has changed substantially since then, but we have never experienced hyperinflation.

P.S. I remember buying a copy of Scientific American for R1.25 when the cover price was $1.50. Now its more like R75 and $5.

That is a very interesting explanation so thanks. Simple explanation is that SA peeps during 1948-1994 were too intelligent than Americans during same period. I am sure I have more votes than you so there.

 

[surface]

Thank you. Don't be jealous now.

Of course not. You made lot of efforts for that and that needs to be commended.

 

[rietrot]

Of course not. You made lot of efforts for that and that needs to be commended.

Lol what effort? Don't be silly. It's just my white privilege.

 

[surface]

Lol what effort? Don't be silly. It's just my white privilege.

You made effort in selecting the right god also. Double effort. moenie so humble wees nie nou.