Lol, you can't make this stuff up ^_^
There are cash-strapped governments and there are broke governments. And then there's Zimbabwe, which, after paying last week's government salaries, has just $217 left in the bank. No, we didn't forget any zeroes to the end of that figure. Zimbabwe, the country that's home to some of the world's largest platinum and diamond reserves, literally has the same financial standing as a 14-year-old girl after a really good birthday party.
when President Robert Mugabe seized the land of over 4,000 white-owned farmers
Lol wut? They still have slavery?
Sounds a lot like what happened to Spain's economy after they expelled the Muslims and Jews who were the heart of the economy at the time, roughly prior to the Spanish Inquisition.
They were convinced that expelling these people would lead to new prosperity for all true spaniards. Man what a shock they got.
Pretty soon government officials were sending armed guards to retrieve bread from bakeries, and finally Spain had to invite other rulers to come take over.
Smackdown: The Truth About the Bill Clinton Economy
Anenome: when President Robert Mugabe seized the land of over 4,000 white-owned farmers Sounds a lot like what happened to Spain's economy after they expelled the Muslims and Jews who were the heart of the economy at the time, roughly prior to the Spanish Inquisition. They were convinced that expelling these people would lead to new prosperity for all true spaniards. Man what a shock they got. Pretty soon government officials were sending armed guards to retrieve bread from bakeries, and finally Spain had to invite other rulers to come take over.
To paraphrase Marc Faber: We're all doomed, but that doesn't mean that we can't make money in the process. Rabbi Lapin: "Let's make bricks!" Stephan Kinsella: "Say you and I both want to make a German chocolate cake."
Do you have any literature on this?
I read about it in Rose Wilder Lane's Discovery of Freedom.
Sounds a lot like what happened to Spain's economy
Yes, quite similar.
I was making a poor jab at the typo "white-owned farmers" - I really hope they meant "white-owned farms" or "white farmers".