Search Results for: zimbabwe

Zimbabwe phases out local currency at 35 quadrillion to US$1

Zimbabwe starving billionaires

Zimbabwe has started retiring its almost worthless local currency in favor of the US dollar. Today, 35 quadrillion Zimbabwean dollars are equal to US $1, as a result of hyperinflation which hit the country in 2009. The demonetization process of the Zimbabwe dollar started on Monday and will run till …

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Pictures from Zimbabwe

Just because “Spanish banks are fine” 12 days before they got a full-blown bailout, and global hyperinflation can never happen in this world, where every central planner is now preparing to hold the CTRL and P buttons until the bitter end, here are some pictures from Zimbabwe.   And some charts: …

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8 signs the system is broken

Here are a few interesting tidbits to chew on: 1) In the land of the free, there are now more than 760 incarcerated inmates for every 100,000 citizens. This is more than 5x the 1980 average, and it far surpasses the number (560 per 100,000) that Stalin threw in the Gulag …

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Panama ‘leaks’ only mention enemies of the west

Panama Papers leaks

Editor’s note: The ‘leaks’ target Syria, Russia and Iceland specifically. All 3 seen as obstacles for the western elite/globalists. Despite Russian President Vladimir Putin not being named in any of the leaks, the western corporate media has used his photo as the lead in their news stories. Whoever leaked the Mossack Fonseca …

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Harvard Economist fears bank runs are coming very soon

Bank run

Former Harvard Professor of Economics Terry Burnham fears starting a “run” on Bank of America after he made public his decision to withdraw $1 million dollars from his checking account as a protest against Janet Yellen beginning her term as Federal Reserve head this month. In an article for PBS …

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Web inventor warns governments: Internet has no off switch

Tim Berners Lee Internet

Tim Berners-Lee, the British inventor of the World Wide Web, on Wednesday warned governments that attempts to block the Internet were doomed to failure due to its scattered structure. Speaking at the launch of a league table showing which countries use the web most effectively, Berners-Lee said the lack of …

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