Zimbabwe’s currency crisis
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- เผยแพร่เมื่อ 10 ก.ย. 2024
- Our special series from Zimbabwe looks at the country’s continuing economic decline. Has a government programme to introduce so called bond notes failed, as 15 million people don’t have the money to buy food?
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Grace Mugabe is living in Luxury in South Africa, Mugabe kids spend hundreds/ thousands in clubs in South Africa.
Grace Mugabe is only a criminal. Because other Bimbo-criminals are ruling Zimbabwe, she will never be punished!
Mugabe made everyone a millionare!
lol i see what you mean bro!!
Hahaha
Trillionaire*
more like a trillionare...
Bender Bending Rodriguez nonono, quadrillionaires!
The interview doesn't realize that you can't ask political questions to someone in Zimbabwe, it is too dangerous for them to give an honest opinion.
Next.... South Africa
Bound to repeat the past
Zimbabwe is Not the worlds fault it's all Zimbabwe's fault
Exactly
South Africa will be the next Zimbabwe
Never
@@koalabear9110 they already knows their lessons they just cant do anything against a dictator who can kill anyone with zero consequences
You do know that Zimbabwe is sanctioned by the US among other nations? Rhodesia was sanctioned too but they had Israel and South Africa.
warren. jip… and when it fails like Zim they blame the west for sanctions etc... they will never ever accept they failed..always someone to blame.
exactly man,look I get apartheid was wrong and oppressed the black people but instead of making peace and moving on,they are going for land reform like that of Zimbabwe,take all the land you want without any technology and no knowledge of what to do with that land you will die of hunger and poverty anyway and this is what happens when you refuse development and promote violence.
Sometimes, there's no fixing stupid. In 2019 they decided to try printing their own currency again. Currently as of 4/2021, Zimbabwe's currency inflation rate is at 98% 0_o
Venezuela: Zimbabwe hold my beer!!
cafeta you left out Panama ever where who refuse to accept United snake one sided policy and demands will,,,
Venezuela is hell
Keep optimistic dude
Haha! Anything you can do, I can do better...
Venezuela just a joke a poor country with rich in oil
This is what happen when you put wrong people in wrong work.
maybe money changer
that cracked me up
Harshith P.K haha! Maybe not...
YOU THINK THEY'RE MONEY IS REAL, THOSE ARE SCAMMERS FOR AGES. LOL
2:17 wait, they called their child 'Maybe' ? they werent sure if it was boy or girl or human at all?
Lmao
in Zimbabwe its common to hear/have names like 1. evidence 2. givemore 3. takemore 4. Memory...
@@j2b348 what lmao ..why ?
Evidence?? Like evidence of an affair? Seriously?
UNO Bc these people are just weird
It’s like here in USA black names like Tyfleesha, shaquanda, Dalafleekah
why buy toilet paper when you can use money?
Rise o' voices of Rhodesia God may we thy bounty share.
This Reminds Me of German marks
Not My Username lol u mean Germany after world war?
Except its black lmao
Shocking arrogance from that guy
which guy the host or the guest
Of course the guest, he is denying the facts.
CORRUPTION HAS NOTHING TO DO WITH IT?
mabe the money changer
Maybe, maybe not...
If I'm not mistaken they use USD, EUR, AUD, INR, CNY, GBP (Bank of England notes only), JPY and ZAR
There is no currency crysis there as long their currency basically ceased to exist 2 years ealier as this video was uploaded. Interesting thing that I basically could use the euro in my wallet, cause its accepted together with USD and South African Rand.
I love this country......it made me a multi trillion ....😀😀😀
How
South Africa says "Zimbabwe hold my beer watch this"
Too much money like this wow !!
If other countries accept zimbabwe's moneys zimbabwe is gonna be "Top 10 most richest countries all around the world"
Zimbabwe used to be the most prosperous country in Africa. Venezuela used to be the most prosperous country in South America. That's terrifying.
venezuela was never the most properous only oil wise. quality of life was always low
The other way for betterment of economy of zimbabve is ,request to nation of zimbabve ti return their money ,and in return govt.must give them properties , this will increase the demand of money , and will reduce supply of money at the same time...
You know it's Zimbabwe right? It is all over the screen
Daily allowance of $50. Where do they get the money?
M- Nice wondered if that is how much cash the ATM lets you use each day of your own money or daily allowance given away by govt
Africa countries should stop using USD
Did they recover already from this
WHAT ABOUT THE GRAIN THEY HAVE FROM AN GOOD HARVEST? DO THE POOR KIDS GET FOOD NOW??
No future of Zimbabwe , Govt already made mistaken , and govt doest know how to run the country !!
All Brought to you by racism led by socialism
Warren Outley and they won
Communism not socialism
Harvey Smith they’re basically the same
@GrassFedMeats Yes there is a difference.
Don't view those South American Countries that call themselves Socialist when they are nothing more than dictatorships.
Most of Africa adopted the name Socialist to cover their dictatorships too.
True socialism believes in democracy and looking after each individual from the cradly to the grave. To provide health care, work and a house. I see none of these values in South America or Africa.
I do see it in Scandinavia where socialist values work
@@harveysmith100 no theres no nobody agreeing with you defending socialism tell that to the people suffering under it let's see if they'd agree you keep trying to say "that's not real socialism " then what is ? Name a proper form of socialism all you people do is use the same talking points
Invest/Buy real tangible assets....paper currency is a complete farce.
Oh dear, so Winter rain brought a bumper harvest and the grain silos are full? Ha ha. No matter then that Zimbabwe grows maize and the rains fall November to April...in the Summer. I have a lovely seaside property for sale 10 K from Harare...anyone keen to buy?
What colour of the skin I must have , if I want to buy your land ?
Eva Stavrou It's the colour of your money, not your skin that would matter.
Nonsense
ohh.. is that a pun? they have now an open black market wherein they are already blacks in their market long ago?
Rhodesians never die
5 00 I saw a 20dollars note haaaaaaa
I live in Ethiopian but Zimbabwean my heart and free from German colonialists 😢😢😢😢😢
Give Zimbabwe a break. African countries have been colonized for centuries, the international world benefitted from the slavery of the African population, allow Africans space to reconstruct their countries the way they deem fit. It's about the Europeans focused on their own affairs and leave Africans alone. Zimbabwe will rise with time.
@Shoudday Cha The countries you are mentioning are not as rich as Africa in minerals. Hence colonizers did not have as much direct investment as they still do in Africa. Colonizers never realy left Africa, they put their stooges in power. African leaders who turned against colonizers were assassinated. SA never had internal wars but colonizers and their offsprings own more than 90% of the SA land. Yes, it's an emotional matter. If you had gone through our experiences, you would as well, no human being can get joy from oppression and its consequences. We will never stop talking about the evil systems of slavery, colonialism and apartheid. We will keep on imparting the history, experiences and consequences thereof so that our offsprings understand what caused their economic situation and how to determine their fate. Despite purportedly leaving SA, France just offered to stop handling finances of African countries. France never left Africa. Western countries are rich from extracting African minerals for free. Should that not be an emotional issue. You cannot instruct me on how to grief over what we have gone through or are still goin through as Africans. One thing you need to note is that we are different from the generations which were taken advantage of by the West. The internal wars were instigated by colonizers.
In general Zimbabwe markets, is silver or gold used as a type of currency? Is it is common?
GOODNIGHT ZIMBABWE
This Mashakada guy just kept beating around the bush...but I get it, at the time of this Video, Mugabe was still in Power so he Couldnt blatantly say its Mugabe's fault or that the political situation also has to do with the country's 'dead' economy
Then they want use gold coin..they love to use short term solution just Like what they did to printing lot of money
WE
KANGZ
SHIET
South Africa, this is your future!
Bill Ashby liar
Still trying to catch up to rhodesia.
The best way to deveolop economy of zimbabve is that there must be something barganing reward instead of montery reward ,because people have trillion of notes but those notes have no value
Or just adopt the US dollar or euro or something that is more valuable
Sending this country more money and food is what's keeping Mugabe in power.
Intersting about the Zimbabwe currency crisis! I also added some videos with my banknotes collection and unboxing on my TH-cam channel! 💪🙂👍
Urikuenda SEI Mari mubhngi ndocho chitsotsi
Maybe
Still better than venezuela
Maybe.
Not a high standard
Why not just back your paper money with your resources unless you dont own the land or you dont possess the means of transformation of resources into useful goods to export to other countries for money? Africa gotta unite to handle the many problems they have on the continent.
How do those women stand out in the streets with fat stacks of valuable cash and not get mugged?
Seriously They need colony rule.
South Africa is next
Do they even have a bourgeoisie there?
We have people much richer than your entire generation of poor people.
We all saw it coming,except the indigenes. Its to late now.
Wait.... her name is "Beloved"??
100 Briliant Zimbawa $ Can change
Dam I'm going to wallpaper my bathroom with that paper. It's cheaper than wall paper . But i think it will look cool on the walls.
Who needs fake money in a music video when you’re in Zimbabwe!
Father are you not at work?
Why destroying other pples future like that?
what about using silver? Nobody can devalue this
No African dictator would allow that.
There is ZANU PF for yu
Money vs currency. Know the difference! Wake up before your countries ended up like Zimbabwe.
whats the exchange rate?
Rebecca Bryson zero !
Is there one black man in the World who is not corrupt.
Yup. Will Smith.
yes. your mother.
Zimbabwe has natural resources right? Or am i wrong? Use them and create something of value.
tysswe1 I think the colonists sucked the resources dry
That's a problem many African nations have. They have plenty of resources, but have corrupt governments that only work for their own interests and dont care for their people. If they had governments that cared for their people they could be super wealthy countries, especially the non-landlocked ones. Granted, colonization did suck some resources out, but their is still plenty of untapped potential
Ryan R is an imbecile who probably couldn’t even spell ‘history’
The colonists didn’t suck Zimbabwe dry of any resources, infact, the decades of hardwork, financial investment, and technical expertise gave the country a booming farming sector which made it the most prosperous country in Africa per capita at the time of the handover to black majority rule. However decades of corruption, neopotism and incompetence under Mugabe has long destroyed all that.
Although the country is fortunate enough to possess vast natural resource wealth, it isn’t quite that simple, you see to take advantage of these natural resources typically requires a significant financial investment upfront, for example to locate the resource and then build the infrastructure to extract. Unfortunately Zimbabwe just doesn’t have this kind of money anymore, and the big foreign companies that do, steer well clear of of the country due to its notorious corruption.
And so tragically, these valuable natural resources just sit idle while the people slowly eek out their lives.
yes they have resources they even discovered natural gas but they can't utilise it
@ 1:47 dayumn that voice.....
Uyahlanya wena if niphe abantu umsebenzi ngabe akula ma dayamond alahlekileyo nxaa
This could all be solved with cryptocurrency. Do these folks have access to the internet? Surely they do.
Very very few, and cryptocurrency does not help if you can't read, work or have a place to live. Do some research on the shithole.
alt coin Crypto Currency depending who you invest with is a scheme. Its predicted it will hit rock bottom soon as 2018 comes and then we will see people committing suicide who invested!!!
@@garrymiller6745 it’s 2021 already and still not happening
Sacrifice notin but want everytin u need to stabilise yer country get contingency plans and the ability to act quickly
Unopenga moyo ends unorara
one time they’ll probably have to pronounce very long numbers and maybe become real good at math
Wheres Mufasa and Simba when you need them?!
Change dirham and Dinar brother
Zimbabwe be like haha money printer go brr
Kk
hemm
Tapiwa I didn't think you have food shortage hahaha
0:12 white toyota chaser? 🤔
WHAT??? NEED AID FOR 15 MILLION PEOPLE IN ZIMBABWE, HUH THE WORLD HAS GIVEN AID FOR 3000 YEARS, AND DICTATORS ARE STUFFING THEY'RE POCKETS .PEW.
Lol
Better than the lira
He knos da wey
Currency shortage is going to be a perennial problem unless they revise the economic policies for the betterment of business communities. Bond notes cannot compete with other currencies on the wider market. Zimbabwe is not producing anything of value let alone raw materials.
mybesthonestbestworldexcellencelifejustknowledgejustpeopleworldagreepaidagreepaidagreeweloveworldpaid
they gonna be ok!
bond pegged to us dollar, lol, why not just use the us dollar, just dont tell ur government ;p
rzqazhar they do
ZANU PF inotaura dhodhi
uang
Just use bitcoin
their money is basically toilet paper
Is it me or does beloved look like a long lost relative of ice cube
iraqi dinar
when we are of jobs we are talking of jobs hahaha
Buy bitcoin! Crypto is the solution!
World have billionaires Zimbabwe have trillionairs
And?
146th like and 63rd comment so early lol.
Mugabe