The US can bail itself out by printing more money, just like Zimbabwe we both have a Fiat currency system. Since 1971 this system has been in place and we have been in steady decline since.
Grant, do you think that the British hold any responsibility for the plight in Zim since they backed out of the promised loan to stabilize the Gov? If you recall they promised said money once the Zim gov attempted to redistribute the land from the .01% minority to the majority 99%.
I have to speak in code otherwise you will place me in timeout for speaking the truth.
Only Ron can put anyone in time out.
Firstly I think that land resdistribution had its merits and needed to take place ....but the way it was handled was appalling. I'm not sure that the Brits ever agreed 100% to paying out the farmers ....but yes, they certainly should have done a lot more. It's a tricky one .....if Obama today told all the Irish to leave Boston and for the Irish government to pay out do you really think Ireland would pay? I'm a third generation Zimbabwean who bought our farm far and square AFTER Independence....so did we deserve to have it taken away??
Finally....has the land reform achieved anything? Mugabe gave it to his ZANU cronies and the people that voted him in never benefited. The country went from a strong economy to an absolute mess.
