- Thread starter
- #12
Hay Rawr... Explaining our economics is always self enlightening.
July 2006 the Gov dropped three zeros off the currency in an 3 week exercise. This meant you had to take in your old notes
and you would get new ones that had three less zeros. It saved them face but did little else. They have since decided to just
print higher denominations and phase out the old ones. Heheee that means that I will be earning billions this month. Ok in
asset terms I am one already a billionaire. Many Zeros render foreign bank software useless try putting a billion bucks in
your quickbooks and see. That is the primary reason why we have managed to start a software development company. The business
rules here are totally different from anywhere else.
Expenses humm... Our PPP is about 5 times yours which means that 100 USD probably does what 500 would do for you... This is
on ave... The rule is generally that you can buy anything that is made In .zw for a tenth of what you would pay but at least
twice what you guys pay for things that are imported, i.e Cars, Computers, Generators the works. Yes Generators... life is
quite cool if you do not wait for anything that has the gov involved.
While our Formal economy is shrinking at a rate of 30% a year the informal economy is growing well at a fraction of the
30%... Its wierd in that Once things used to be available in shops but now they are there but not in the shops... Thats how
the 7 out 10 people make a living. I have found my self reading much into the Indian economy because there are a lot of
similarities that have risen lately... Especially the wealth at the bottom of the pyramid.
Its so fascinating its like watching it like I am watching reality TV. Oh yes currency dealers and otherware dealers drive
the Mercs here. The professionals barely get by. OK I do not want to make this too long.
I have 24 hour access to the Internet at Home and at work.
July 2006 the Gov dropped three zeros off the currency in an 3 week exercise. This meant you had to take in your old notes
and you would get new ones that had three less zeros. It saved them face but did little else. They have since decided to just
print higher denominations and phase out the old ones. Heheee that means that I will be earning billions this month. Ok in
asset terms I am one already a billionaire. Many Zeros render foreign bank software useless try putting a billion bucks in
your quickbooks and see. That is the primary reason why we have managed to start a software development company. The business
rules here are totally different from anywhere else.
Expenses humm... Our PPP is about 5 times yours which means that 100 USD probably does what 500 would do for you... This is
on ave... The rule is generally that you can buy anything that is made In .zw for a tenth of what you would pay but at least
twice what you guys pay for things that are imported, i.e Cars, Computers, Generators the works. Yes Generators... life is
quite cool if you do not wait for anything that has the gov involved.
While our Formal economy is shrinking at a rate of 30% a year the informal economy is growing well at a fraction of the
30%... Its wierd in that Once things used to be available in shops but now they are there but not in the shops... Thats how
the 7 out 10 people make a living. I have found my self reading much into the Indian economy because there are a lot of
similarities that have risen lately... Especially the wealth at the bottom of the pyramid.
Its so fascinating its like watching it like I am watching reality TV. Oh yes currency dealers and otherware dealers drive
the Mercs here. The professionals barely get by. OK I do not want to make this too long.
I have 24 hour access to the Internet at Home and at work.