Advice to Mugabe: Stop Digging
Someone, I am not sure who, said something along the lines of “if you find you have dug yourself in a hole, stop digging”. That is some advice Zimbabwe’s President Robert Mugabe should heed. But it does not seem he will. He believes that simply printing more of his worthless cash will solve his problems or at least hold off the mobs of people, that are suffering under unbelievable hyperinflation, from getting a rope and stringing him up from the highest tree.
Zimbabwe’s Leader Says He’ll Print More Cash
The official Herald newspaper reported that Mugabe told a meeting of local council members that they should put more pressure on government ministers to improve services.
“Where money for projects has not been found, we will print it,” Mugabe was quoted as saying.
The printing of money is generally regarded as a recipe for inflation — which is officially at 4,500 percent in Zimbabwe, though private economists estimate it to be at least twice that high. The government last month ordered sweeping price cuts of about 50 percent, accusing store owners and businesses of fueling the inflation.
It is a shame to see so many people in the world suffering under ruthless dictators, elitist, theocrats and the like, while world bodies like the worthless United Nations sit around and ring their hands and do nothing. With the exception of course of letting thugs like these have chairs on commissions like human rights.
Someone having more interesting things to say:
Obsidian Wings