Zimbabwe - Can it be saved?!?

from an investment perspective isn't there potentially huge money to be made by buying zim dollars now to sell at a later date should they turn the economy and the value of their currency around?
 
When Zim was successful, their economy was largely agricultural. So if they dont give the farms back to their owners to get food production going again and foreign exchange in from exports, things wont change.
 
sandmanm34 said:
from an investment perspective isn't there potentially huge money to be made by buying zim dollars now to sell at a later date should they turn the economy and the value of their currency around?
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They have an expiry date. That was put on to stop people hoarding the money.

Mind you - it may have a novelty value.
 
Albereth said:
Hmmm. I think Ugly Bob would have considered himself an absolute monarch. But I take the point - you also need the populace to believe in the devine right thing.

I often wonder about the things that went wrong in the mega sort of way. Top of my list of the worst things that ever happened to Africa was the AK-47.

Colonialism has both good and bad points. On the whole, I'd say it did more good than harm and I say that as an African, not as some polisci researcher sitting in another part of the world. Without colonialists I'd be sitting in a mud hut or at my important job of watching cows avoiding being stabbed by a loon with an assegai or dying prematurely from some sort of disease. On the plus side, I wouldn't be concerned with power cuts.
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Though other countries have proven colonialism wasn't the way to go, for example, Korea and even India. :/
 
Even if they didn't have an expiry date, the chances of the currency remaining are slim. I am pretty sure they'll introduce a new currency since the one they have at this point in time is for all intents and purposes useless.
 
ToxicBunny said:
Even if they didn't have an expiry date, the chances of the currency remaining are slim. I am pretty sure they'll introduce a new currency since the one they have at this point in time is for all intents and purposes useless.
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Tie the new currency to the Rand or summit, I imagine.
 
Can it really. My 2 cents is it can. Will take a different government obviously, LOL :-)
They have an uphill battle but things will turn around,you will see.
 
Get the farmers back in there (real farmers) and rebuild the farms. You can't
rebuild a country on an empty stomach.:)
 
imo, I doubt whether the 'ex-farmers' would be prepared to come back. They have been welcomed with open arms in other parts of Africa and have rebuilt their lives there. Why risk what they currently have for something that might turn ugly again?
I'm sure tho, some farmers from ZA would be prepared to make the short journey north.
 
air said:
imo, I doubt whether the 'ex-farmers' would be prepared to come back. They have been welcomed with open arms in other parts of Africa and have rebuilt their lives there. Why risk what they currently have for something that might turn ugly again?
I'm sure tho, some farmers from ZA would be prepared to make the short journey north.
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Other than Machinery to farm a farmer needs a stable supply of fuel for his equipment and electricity to run water pumps. Both these commodities are in short supply in Zimbabwe.
I reckon there is enough labour to farm with so that may be a great help and farming in Zimbabwe is a lot easier than South Africa due to the climate and good soil.
It can be done, but by whom?
There are some South African Farmers that may show an interest if given the right opportunity from the Zimbabwe Government, although it may take longer to get all those "veterans" off the farmland than it took to throw the original farmers off in the first place.
 
alf101 said:
Correct, would be racist to let them have their farms back
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Very true.
They might also inadvertently produce more than subsistance farming.
No one in Africa would know how to cope with an excess of farm produce.
 
BTTB said:
Other than Machinery to farm a farmer needs a stable supply of fuel for his equipment and electricity to run water pumps. Both these commodities are in short supply in Zimbabwe.
I reckon there is enough labour to farm with so that may be a great help and farming in Zimbabwe is a lot easier than South Africa due to the climate and good soil.
It can be done, but by whom?
There are some South African Farmers that may show an interest if given the right opportunity from the Zimbabwe Government, although it may take longer to get all those "veterans" off the farmland than it took to throw the original farmers off in the first place.
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Those very same veterans would also welcome a job and real money in their pockets.

Money talks,B*llsh1t walks.:D
 
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