Tuesday, 10 May 2016

Bond notes are Z$ "skunk" and RBZ governor Mangudya is a "fence post tortoise", says Yamamoto.

“So what exactly is this bond note?” asked Ken Yamamoto, the Japanese researcher and commentator on Zimbabwe. “Make no mistake about it, through these notes Zimbabwe is bringing the Zimbabwe Dollar back using a different name.

“As English author Shakespeare wrote, “a rose by any other name would smell as sweet”. I would hazard to say a skunk by any other name would smell as bad. This is the trouble with the RBZ’s proposed bond notes. It’s the Zimbabwean dollar coming back cloaked under an Afreximbank facility which nobody has seen except the people that claim it exists.”

Ken is spot on there, the bond notes are the Zimbabwe dollar by another name. We are going back to the hyperinflation of year 2000 to 2008 when inflation soar to 500 billion per cent are wiped out people’s fortunes and life savings and made life hell for all!

Ken has attributed Zimbabwe’s economic and political problems to failed leaders. “With these “musketeers” in power, its heads they win, tails you lose. This time don’t be caught sleeping,” he warned.

Very sound warning but, sadly, Ken was wasting his breath; the people he is advising are not just fast asleep, they are in a vegetative comatose state. Zimbabweans have been fast asleep for the last 36 years. The brain if not exercised for a long period will, like every other muscle of the body, atrophy turning brain cells into fatty tissue. Our challenge is not one of people being caught sleeping, they are fast asleep already; the challenge is who does one wake a whole nation in a comatose state!

Ken Yamamoto dismissed RBZ governor, Dr Mangudya’s pathetic attempts to deny that the bond notes are Z$ by another name and that there will be no hyperinflation. Ken called Dr Mangudya a fence post tortoise.

”When you’re driving down a country road and you come across a fence post with a tortoise balanced on top, that’s a fence post tortoise,” came the explanation. “You know he didn’t get up there by himself, he doesn’t belong up there, he doesn’t know what to do while he’s up there, he’s elevated beyond his ability to function, and you just wonder what kind of dumb arse put him up there to begin with.”

The reader is reminded that the RBZ governor has a doctorate from Washington International University (not a “credited” institution according to Newsday report but still not as dodgy as Grace Mugabe’s crash three-month doctorate). He is Dr John Panonetsa Mangudya. 

For the generous RBZ governor’s salary and gravy train lifestyle that goes with it is easy to see why a village idiot would allow himself to be fence post tortoise but surely not someone with common sense much less an intellectual! And yet the facts speak for themselves, Dr Mangudya is RBZ governor and the fence post tortoise!

“Is Mangudya a sincere man?” Ken postulated. Well we know he is brain-dead and so the question is now irrelevant. 


Zimbabwe Light said...

The solutions to Zimbabwe's economic mess are common sense policies instead of these voodoo economic policies. The only reason why we have been stuck with these voodoo policies is because we are stuck with Mugabe and Zanu PF and as long as they continue to dictate the nation's destiny we will continue to follow their voodoo policies. The solution to Zimbabwe's bond notes and all the other teething economic problems is political reform followed by regime change.

These PDP idiots keep wittering about economic policies which will never see the light of day until there is regime change. Focus on the problem you village idiots!

Zimbabwe Light said...

Douglas Mahiya is being a hypocrite, the taxpayer paid $2 million for the war vets' meeting with Mugabe that was as much a waste of money as the planned march by the Zanu PF youth match. No doubt millions of dollars will be spend on transporting, accommodating and feeding these youths and, at the end of the day, the ordinary long suffering povo will pay the bill.

Mugabe and Zanu PF rigged the last elections and therefore they are not accountable to the ordinary people and hence the reason why the regime is riding roughshod over the people's freedoms and basic human rights.

Zanu PF's factional war is not quite finished but this is only a minor skirmish the real fight is against the economic meltdown which the party is losing at every turn. 90% unemployment rate, millions living in abject poverty, etc. these are the problems that will not be resolved by a stage managed hired crowd holding placards with meaningless messages.

After the march Mugabe will still have the unemployment problem, the cash crunch problem, etc. to deal with; they will not go away because paid Zanu PF youths were marching on the street!