Lessons Learned From Rhodesia

14.07.2016 • The Economy

From Bill Bonner’s Book Club (United States)-

One of the delights of being an observer of the financial world is watching the people in it. They are no different from other people… full of beans and blather, and prone to stunning acts of stupidity.

Among the many that came to light in the early years of the 21st century was the case of the African country, formerly known as Rhodesia. Poor Cecil Rhodes had not so much been forgotten as in demonized.

Even at distant Oxford University, a “Rhodes Must Fall” student group agitated to bring down the statue of him in front of Oriel College. And back in the country that had been named for him, the indigenous peoples were up in arms against him. The capital city he founded and called “Salisbury” is now known as Harare. According to a recent Telegraph survey, it is also one of the worst cities in the world to live in

And by the early light of the 21st century, Robert Mugabe was in Harare busily dismantling anything with Rhodes’ fingerprints on it. Most importantly, that meant kicking out white farmers so that black farmers and/or political cronies could take their land.

And by the early light of the 21st century, Robert Mugabe was in Harare busily dismantling anything with Rhodes’ fingerprints on it. Most importantly, that meant kicking out white farmers so that black farmers and/or political cronies could take their land.

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