4-12-14 Rico Suave:
If the old Zim currency is being brought back and the current largest denomination is 100 trillion, it looks very promising if the largest note being printed is 10 Million. That means they are lopping off 7 zeros from the notes. Whatever value is given to each Zimbabwe dollar after the lop gives you the final value of each note.
This is wonderful indeed if they are bringing the 2008 AA notes back. That is my interpretation anyway.
I said that a few days ago… Inside IMF source said lopping of 7 zero’s, and then $.37 rate on the USD. I recall being scalded…saying the zero removal had to be done in three’s…lol….well…look who may be right after all.
It will not be made public for reinstatement until the soonest of June 2014, after the next IMF review is scheduled. They are working on foreign investment, to purchase some Bonds, in an order to fund the government, reduce some debt to investors, and support bringing back their currency again.
If they get their ducks in a row, they could make it happen, and all us Zim speculators will have hit the mother load…10 times that of the dinar.
1 Zim is $.37 USD come June 2014
A new pair of reports suggests that the super rich are richer than we thought.
The first report by Professors Emmanuel Saez (UC Berkeley) and Gabriel Zucman (LSE and UC Berkeley) addresses the question of how to measure total wealth, finding that there is an increasing concentration in the top one-thousandth.
So where is all this wealth going? The second report, by Zucman, demonstrates that a lot of the money is held in offshore tax havens — far more than previously known. New York Times columnist Paul Krugman summed up the numbers Friday, arguing that they tell us “something important about how the world really works.”
“At the commanding heights of the US economy, hiding a lot of one’s wealth offshore is probably the norm, not the exception,” Krugman wrote.
Read the full papers on wealth concentration
, and the one on offshore tax havens here
- What you are trying to grasp is called the Felony Murder Rule if you are trying to figure out why the BLM backed off in Nevada today. The rule states that if in the process of committing a felony, if anyone dies in connection with it, even from a heart attack, all perpetrators are guilty of murder. I have already shown you that PER SE, the BLM and Harry Reid were committing felonies. Therefore, if anyone died in the confrontation, government officials or not, they would be up against murder charges.
- That is why they bailed, that and the fact that the entire world knows the truth about what was going on and it became apparent that there was no way they could win. I know that our legal system is now illegal. I know that they might have had a little help in getting out of the murder charges. But even in an illegal system, there are some things so basic to the human nature that there is no getting around it. And shooting the cowboy while stealing his cows has been ingrained in us since we were kids to be illegal. That is why they ran.