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Zimbabwe's "Blacks-Only" Stock Exchange Takes 'Financial Innovation' And Racism To New Highs
Zerohedge ^ | 08/07/2013 | Tyler Durden

Posted on 08/07/2013 6:44:52 AM PDT by Rusty0604

The country which over the past decade is most synonymous with "financial innovation" of the less than desirable kind, such as hyperinflation, complete currency and economic collapse and wholesale property confiscation, has just taken financial central-planning brilliance to the next level and following dictator Robert Mugabe's "reelection" has announced plans to open a new and "racially exclusive" stock exchange, allowing blacks alone to trade. And not trade just anything, but shares of recently nationalized foreign companies, most of which are South African-owned miners. Or rather were, because following the most recent nationalization round, Zimbabwe would take a 51% stake in all major foreign-owned companies valued at over $7 billion. No compensation will be paid.

(Excerpt) Read more at zerohedge.com ...


TOPICS: Business/Economy
KEYWORDS: africa; miners; southafrica; zimbabwe

1 posted on 08/07/2013 6:44:52 AM PDT by Rusty0604
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To: Rusty0604

What will the exchange be trading...SLAVES!


2 posted on 08/07/2013 6:49:16 AM PDT by PoloSec ( Believe the Gospel: how that Christ died for our sins, was buried and rose again)
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To: PoloSec

by the looks of the size of...main trading floor.. all slave trades appear to be done remotely...


3 posted on 08/07/2013 6:53:05 AM PDT by MeshugeMikey (Chicago Murder Updates..http://homicides.redeyechicago.com/)
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To: Rusty0604

The country continues to fall apart.Pretty soon they can all paint their butts blue and live in trees.


4 posted on 08/07/2013 6:54:57 AM PDT by Farmer Dean (stop worrying about what they want to do to you,start thinking about what you want to do to them)
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To: Farmer Dean

It used to be the breadbasket of Africa until They decided to seize property from the whites and give it to the blacks.


5 posted on 08/07/2013 7:01:01 AM PDT by Rusty0604
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To: Rusty0604

OK, but can you conduct your transactions in a niggardly fashion?


6 posted on 08/07/2013 7:02:39 AM PDT by edpc (Wilby 2016)
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To: edpc

There’s only one solution to this issue: recolonization.


7 posted on 08/07/2013 7:04:49 AM PDT by Ax
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To: Ax

Why bother? The pattern will only repeat itself once Whites get fat & happy again.

White people need to start standing up for ourselves as a group. If everyone else can do it why can’t we?


8 posted on 08/07/2013 7:11:04 AM PDT by DwFry (Baby Boomers Killed Western Civilization!)
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To: Rusty0604
Sounds like... Apartheid.

Whats next - a live album from Peter Gabriel and Little Steven?

9 posted on 08/07/2013 7:17:48 AM PDT by skeeter
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To: DwFry

Can and should before it’s too late. Obama just put forth a policy to punish a white child but not a black child for the same crime because it’s not fair that more black kids get into trouble and can’t get an education.


10 posted on 08/07/2013 7:24:25 AM PDT by Rusty0604
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11 posted on 08/07/2013 7:35:41 AM PDT by RedMDer (http://www.dontfundobamacare.com/)
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To: PoloSec
When are they going to have an armed revolution in this country? Mugabe is p!ssing off so many people you would have thought there would have been a strong underground rebellion going by now.
12 posted on 08/07/2013 8:42:19 AM PDT by 2001convSVT (Going Galt as fast as I can.)
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To: Rusty0604

Outrage and action from our Dept of State?


13 posted on 08/07/2013 8:47:00 AM PDT by lurk
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To: Rusty0604
Zimbabwe would take a 51% stake in all major foreign-owned companies valued at over $7 billion. No compensation will be paid.

And Obama is mad, because he can't do that LEGALLY here, but he might try it 9against CONSERVATIVE BUSINESSES (like Chick-Fil-A).

14 posted on 08/07/2013 10:45:57 AM PDT by ExCTCitizen (Ben Carson/Rand Paul or Sara/Nikki in 2016)
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To: 2001convSVT

Whites are less than one percent of former Rhodesia ..down from around 8-10 times that before the “peace”

If any war breaks out it will be between the major tribes or regions and what few whites left...maybe as few as 10,000 or so mpw...no one knows...many are still counted by Mugabe even if they left long ago

will be used simply as outlets for frustration by the blacks if war breaks out

Zimbabwe is lost

and South Africa is likely headed that way though it is a bit different


15 posted on 08/07/2013 11:49:43 AM PDT by wardaddy (the next Dark Ages are coming as Western Civilization crumbles with nary a whimper)
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To: Rusty0604
Yup, that work work — NOT.
16 posted on 08/07/2013 5:09:17 PM PDT by MasterGunner01
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