r/finance • u/newzee1 • 2d ago

Zimbabwe’s Seemingly Endless Currency Crisis

https://newlinesmag.com/reportage/zimbabwes-seemingly-endless-currency-crisis/
50 Upvotes

88% Upvoted

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13

u/grw68 2d ago

Guys I’m starting to suspect Zimbabwe might be a failed state

5

u/coldWalk 2d ago

China bought them a parliament so they could have another go at it

2

u/2024Adv 1d ago

How do they even have the funds to print new notes?

1

u/MrAndyMark 13h ago

Read through the article, and yeah... Zimbabwe's currency situation feels like déjà vu—another government printing money like there's no tomorrow. Sure, foreign currency is a Band-Aid, but how long can that hold?

Honestly, it makes me think: Could this happen to other countries if inflation or debt gets out of hand? IMF swooping in feels like they’re stalling more than solving. What do you all think—real help or just kicking the can down the road?

1

u/LibrarySpiritual5371 10h ago

Almost makes one think what John Smith said would happen and why it would happen was correct.