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Showing posts with label Economic Mismanagement. Show all posts
Showing posts with label Economic Mismanagement. Show all posts

Friday, 21 April 2023

The Scourge Of Nations

That inflation rates have risen worldwide .....

Predicted World Inflation Rates 2022
Predicted World Inflation Rates 2022

...... under the twin pressures of the post Covid recovery, and the oil/food price rises due to Russia invading the Ukraine, is now obvious to us all. In the USA its dropped to 5%, 8.6% in the EU, but in the UK is still 10% .... however all the major countries expect it to drop steadily in the summer  .... but in some parts of the world this sudden rise is not a recent phenomena, but is a persistent issue.

Friday, 11 November 2016

Big Man Economics

Robert Mugabe is what Africans still call a 'big man' .... this of course is simply another term for 'thug, dictator, criminal etc etc'. He has remained in power despite blatant corruption, nepotism, and cronyism towards his main supporters.

He is currently trying to engineer his wife 'Grace' (was ever a woman so misnamed?), taking over when his soul eventually shrivels away and he is gone ... this is principally as he can find no bolt-hole for his criminal family to take their ill gotten gains to, where it doesn't risk seizure from the regime after his being ousted.

African Big Men Come In Many Sizes
African Big Men Come In Many Sizes ....

I almost feel sorry for the people of Zimbabwe, but despite his highly visible crimes and some electoral vote rigging, the fact is that he continues to get voted back into power in sufficient numbers for it to be clear, that although the numbers claimed might be dubious, there is little doubt that he got a majority, albeit lower than he claimed.

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