When one makes investment decisions, in particular, international investments, “country risk” is near the top of the list of priorities to consider. In other words, how friendly is the jurisdiction to foreign investment capital? How safe would your money be there? It’s not enough just to find good companies. You also need to figure out if the government is likely to do something to damage the economy or otherwise reduce the value of your investment.
Robert Mugabe of Zimbabwe did a great job of ruining his nation’s economy. He confiscated land from white farmers who were highly successful and redistributed it to blacks who were not prepared to run those farms. The result was economic disaster. And recall the hyper-inflation that ensued. To sum it up, he made life worse for most everyone.
Unfortunately, Mr. Mugabe is not the only one who is capable of destroying his nation’s economy. In fact, the same thing is being repeated in another nation with, predictably, the same results.
More on this disaster on page two.
Just make sure that after they’ve completely destroyed their nation and they’re all starving (except for the Elite of course) that we do NOT bail them out with billions in useless misdirected foreign aid. They’re doing this to themselves – deliberately! Moronic actions have moronic consequences.
Is the land to white for them?
No european influence and no foreign aid into South Africa…hmmmmmmm
That’s wrong
America needs to cut off Africa totally
Send the White Refugees over, we have lots of room!
Time to get out and let them starve .
They will be starving in less than a year!
Gotta like them Boers. I wonder how many are still living there? I’d like to see about ten million heavily armed and trained destroy the spear chuckers.$#%&!@*I’d pay to watch it!
Not going to help their country……need some people to work….