Re:Zimbabwe's plan to use China's currency
by Turing_Machine on Wednesday December 23, 2015 @10:58PM
(#10787043)
"unless they are just completely abandoning the goal of self governance altogether."
That may be exactly what they're doing. Mugabe can't live forever, and his cronies could well be selling the country off to China, with an exit strategy in place to spend the rest of their lives in comfort in a third country.
Re:Zimbabwe's plan to use China's currency
by polishninja on Thursday December 24, 2015 @12:29AM
(#10787232)
They did have control over their currency and looked what happened. The big problem they face now is trust. If they came out with a new currency, no one would trust it enough to use it in everyday transactions. Regaining trust in the government and their currency will take quite some time.
The answer to the Zim problem is not the adoption of multiple currencies they don't control, though, unless they are just completely abandoning the goal of self governance altogether.