Quote from: South Park on July 25, 2019, 08:31:20 PM

Quote from: timerland on July 18, 2019, 10:17:52 PM

snip

I'm interested in hearing opinions as to how the population in Zimbabwe can protect themselves given that forex is now banned essentially, and what you think the direction will be for the economy of Zimbabwe for the future.

The government of Zimbabwe is making the same mistake again, it will be reasonable to assume that after what they did they would have learned their lesson but that is not the case, if anything their economy is bound to suffer even more as they have not recovered from the previous crisis, so the only way to protect yourself completely from this is to leave the country and never comeback but since that is not an option for most then do not use any currency printed by the government and if that is not an option then get rid of it as soon as you can and get something tangible in exchange.

If a country is bound to be doomed, this is how they make mistake in everything that they do , and I wonder who the special adviser to their president is, I guess he is not really doing his work, maybe he is like some of these African countries giving post to people that are not technocrats to man a position just to compensate them for a favor they have done in one way or the other.

If they had technocrats that are handling strategic positions in the country, I believe that by now, they ought to have known and fell that what they are proposing would not work and instead of sorting out the issue, it will end up damaging the economy the more, I guess Zimbabwe just need to reach out for help in other countries that are ahead of them in planning.