From trillion dollar bills to extreme inequality, let's look at some of Zimbabwe's failures in running an economy. Twitter: / h0serr Business Email: h0sermailYT@gmail.com
As far as I know, Zimbabwe imported printed bank notes of their own currency from Germany (they couldn‘t print enough money on their own). By the time the money had arrived, it was already worthless. It‘s a shame seeing a country fail.
Certified zimbabwean classic. Kinda ironic that they had Germany print money for them. Because Germany had a similar case of hyper inflation around a century ago. I heard that it got so bad that a guy was in a coffee shop and by the time he finished his coffee the price of another one had already gone up and he couldn't afford it.
I haven’t finished the video but I wanted to add a little fact. The 100 trillion bill is actually only worth around $0.14 cents. A few years ago they reformed the billing of their paper currency and now no longer use such large bills. After they did this, the 100 trillion dollar bill that was only worth .14 cents went up to $25 usd because it became a historical item, as a example of the largest hyper inflation in human history. I always found that funny how it became so more valuable after it was disestablished.
Having lived in Zimbabwe (in it's various stages)for 38 years, there are several inaccuracies in your video clip which I am compelled to mention. You refer almost exclusively to the indigenous peoples as the "Ndebele", who were incidentally an "off-shoot" of the "Zulu" nation of neighbouring South Africa. Yet within Zimbabwe there are three distinct tribal groupings , The "Shona" tribe numerically superior to the Ndebele and the majority of the ruling "Z.A.N.U.Q" party led from independence in 1980 by the despotic and corrupt President Mugabe, until his death. The Ndebele tribe are the second largest in the country but with no real political power and lastly the minority Manica tribe, mostly based around the "Eastern Highlands" of the country. This 3 way tribal mix was/is an ongoing source of tension and problems within the country, most notably between the majority Shona tribe and the minority but more "war-like" Matabele(as you incorrectly called them "Ndebele" which is the name of the language) tribe. The Matabele probably figure so largely in your supposed history as the first treaty in the area was in fact by missionary Robert Moffat, followed some time later by a treaty between Cecil Rhodes', British South Africa Company and the Matabele King Lobengula. Despite the accuracy of the land distribution which you mentioned and the separation of state educational and health facilities along racial lines, it must also be remembered that "Rhodesia" never had the same extent of draconian racial segregation as South Africa under "Apartheid"..!!
Yup. I noticed they distinctly wrong remarks too. On his RSA video there were also so major inaccuracies. Coming from a South African. The world already knows so little about the sht that's happening in this part. Now there's some random Westerner spitting thumb sucked facts out.
The 'racist' regime was hardly racist. Everyone's lives were objectively better. It is only artificial modern constraints that say whites that run things better cannot do that, because objective suffering is apparently better. If we go by objective standards, Zimbabwe is the most racist it has ever been right now, causing the greatest amount of suffering for its own people. But hey, at least it isn't 'racist' by modern standards
Rhodesia was not racist how can you expect uneducated fools to participate in democracy. The countries rights were based on income not race only problem is if your illiterate you cant get a good job so natives think its racist. The British built schools and hospitals increasing life expectancy and education, eventually the natives would of become more educated and had more money and rights
Because money only worth if you have something to buy. Didnt matter if youre a rich millionare but stranded in a island with no water. Suddenly your money is worthless than a bucket of water.
Please, without colonialism they would have been living in the dust covered with flies and starving like Ethiopians. That is the default setting of Africa without western civilization and influence. South Africa will go the same way. You cannot force evolution and civilization. Every time these nations fail it is a condemnation of the standard of African Society. I work with Zimbabweans and they all blame the USA, so disappointing because it gives me zero hope for Africa or Africans.
Zimbabwe in 2004-2005 was hell I can remember lining up with my grandma to get a loaf of bread the lines were incredibly long and the bread would run out. The government tore down unregistered homes because people didn’t vote for them in the elections, operation “kuramba tsvwina” translating to “remove the dirt”, soldiers were sent out to beat people in my neighborhood and so many people living under the poverty line became even more poor, from a small brick home or metal shack with a little land to garden to homeless with no food. My grandparents pension completely destroyed. Worth nothing anymore. And don’t get me started on the HIV and AIDS crisis mixed with a failed Health system. The love of money is the root of all evil. F* Zanu PF.
Its sadly a common trope in Africa, that government is either educated and oppressive or uneducated and incompetent. Only a few countries managed to break this curse.
yes, odd how those competent leaders got assassinated or couped then those incompetent leaders got support from the western countries who had just decades prior carved up the whole continent........its because neo colonialism you mong they don't want competent leadership in Africa they want cheap raw material and cheap labor just like before.
Just here to confirm some numbers. My last Zimbabwe dollar paycheck before we all adopted the US$ was 3.5 trillion. It was locked in a bank account. We only had access to 200m withdrawals per day and the queues to draw were hours long sometimes. Often the bank would run out of cash before a small number of us could withdraw anything. That 3.5t was worth about a months groceries. Within a week, it was worth a weeks worth.
@@Tinil0 that was by far the toughest period in my life. A lot of us made ends meet by dealing in some black market trades or foreign currency trading. I was lucky enough to have a contact that I could buy large amounts of sugar from and I resold for South African Rands or US dollars.
I live in Mozambique, my father gave me a bunch of those trillion notes. I went to school with it. They thought I stole the bank or something. They called my parents. My parents laughed
In 2015, the Zimbabwean government offered 1 USD for 175 Quadrillion “3rd issue” Zimbabwean Dollars. So 50 cent would actually be 87.5 Quadrillion Zimbabwean Dollars.
As an African (Nigerian) I really appreciate these videos you do on various African countries👍👍. Your coverage is objective, well researched and presented, and fun to watch. You also don't use the same excuses that most westerners and Africans give when discussing Africa's issues i.e. you don't just blame colonialism or racism for our problems but focus on geography, corruption, national unity, and economic systems. I truly appreciate that. Also, this video is a perfect comparison with your Botswana video. While Zimbabwe has more resources and better land, their terrible leadership undermined their post-colonial development while Botswana used good leadership and socioeconomic policies to improve themselves.
My girlfriend is half Rhodesian half South African (White) and I asked her grandfather (Rhodesian) how bad the crime rate is over there considering how bad it is in South Africa and he just said “Agh it’s not bad over there because there’s nothing to steal”. Which in hindsight makes sense… Also not everyone just up and left by their own decision , her grandfather and their family lived on a farm and got told they have 24 hours to leave or they’d be “dealt with” aka murdered. So yeah they chased away the only competent workforce they had and subsequently went from the breadbasket of Africa to starving to death. He grandfather has old Rhodesian notes of $5 and so on which we’re equal to the USD. Next to these notes hangs the Zimbabwean trillion dollar notes… Fuck Mugabe, I hope the Zimbabwean people one day get out of this desperate situation. It’s truly tragic what ensued there.
It's not like post-colonial nations in Africa can't be successful. Look at what Botswana is doing. How did Botswana not fall to cronyism but Zimbabwe did so easily?
Just so folks know, the $10 trillion notes he’s got is worth $30 USD. But only as a collector’s item. When it was finally removed from circulation in 2015, the Zimbabwean government offered $1 USD for $175 Quadrillion Zimbabwean “Third” Dollars. So the $10 Trillion bill H0ser shows in the beginning was worth .00005714 US dollars at the end of its life. Or about over 1/200th of a US penny. The largest bill was the $100 Trillion bill and that was worth about 1/20th of a US penny or .0005714 US dollars.
electrolyser technology, known as a proton exchange membrane (PEM) system. “the energy transition will be built with metals.” That is true not only for the obvious high-volume commodities such as steel, copper, and lithium, but also for lesser-known metals such as iridium. But companies’ plans for green hydrogen projects suggest there will be a steep increase in demand over the coming decade. Meeting just the EU’s goals for green hydrogen production could by 2030 lead to demand for iridium for electrolysers that is several times current global supply. The Biden administration has acknowledged that supplies of platinum group metals (PGMs), including iridium, were a critical issue for the development of the low-carbon hydrogen industry that was endorsed in the bipartisan infrastructure bill passed last year. President Joe Biden last month issued a series of executive orders invoking powers under the 1950 Defense Production Act to stimulate production of clean energy technologies, including electrolysers and PGMs. The administration’s statement argued that support for PGM catalysts “will enhance national and energy security by reducing US reliance on imported fossil fuels, particularly Russia and China.” The US energy secretary, this week announced a new partnership with Australia, intended to accelerate progress towards a net-zero emissions energy system. The two governments’ joint statement highlighted “the crucial role critical minerals and materials will play in the energy transition” and in enabling the deployment of technologies including telecommunications, Ai, space exploration, and Tesla type gravity engines ! World iridium supply is currently dominated by South Africa, as a by-product of platinum and palladium production. South Africa accounts for 87% of global iridium production, with a further 8% coming from Zimbabwe and 3% each from Russia and Canada, according to the US Geological Survey.Haitis supply which is illegally mined to keep the nation porr is not mentioned but the UN security forces currently guard irridum mines from use by Haitian nationals. South Africa also has the great bulk of the world’s PGM reserves: about 91%, followed by Russia with about 6%, Zimbabwe with about 2% and the US with about 1%, again according to the USGS. The green tech industry is aiming to grow rapidly, and a materials supply chain that is rooted almost entirely in southern Africa looks like a critical vulnerability that the west wants to exploit by starving Zimbabwe and offering them pennies so they can steal billions. Melany Vargas, Wood Mackenzie’s head of Americas hydrogen consulting, said: “From an energy security perspective, there is certainly the potential for disruption to supplies that would be a constraint on the growth of green hydrogen production.”Meaning they are looking for ways to cause unrest and steal the resource before it can be sold. The likely increase in demand for platinum looks manageable, but iridium could be much more of a challenge. Total world iridium production this year will be about 255,000 ounces, Irridiums price on the world market is currently 45 billion per ton. Is iridium more expensive than gold? Iridium, which is also used in spark plugs, has climbed to $6,000 an ounce, according to Johnson Matthey Plc data. That makes it more than three times more expensive than gold.
@@Eargesplitten-Loudenboomer Why? I'm not against investing especially if you invest in your nation owning its resources to benefit itself and its citizens.
As someone from Zimbabwe I would say you did a pretty good job researching and presenting this video. Most of the Zimboz have left the country and more continue to leave. The working age is now working outside the country and clearly that spells more disaster for Zim. I pray that one day things change for the ordinary Zimboz because Zim is a very beautiful and naturally rich country but it's just not benefitting the ordinary person. God bless Zim
We have a lot of problems in South Africa, and it's very, very common to hear people say that we're just 10 years behind Zimbabwe. But we've actually remained surprisingly strong. Zimbabwe is an absolute shitshow. I've met a number of Zimbabwean immigrants who were delighted to be farm workers in SA.
I think SA is definitely going the wrong direction. I don't think they're too far gone but if they don't change things soon, I believe they'll be suffering the same fate as Zim.
Interesting video and it had a more comedic undertone so certain things were a bit wrong like Ndebeles don't completely dominate the country they're actually the second largest tribe, Shonas are the ones who dominate Zimbabwe, Mugabe is Shona and ZANU PF is dominated by Shonas and the 20 000 political opponents massacred were mostly Ndebele civilians. The land being given back to black Zimbabweans was part of the Lancaster Agreements between the white & black Zimbabweans, and the British under negotiations to end the Rhodesian Bush War and to set up a proper democracy, which under Tony Blair was broken which Mugabe did use it as a political opportunity to exploit into building support for himself and his party. Relatively speaking in the 80s and 90s Mugabe and Zanu PF did improve living standards for black Zimbabweans but it wasn't sustainable. Things really went south in the 2000s when Mugabe didn't want to leave power, the Rhodesian bush war veterans were grabbing land, Zim forces entered into the Congo War and the hyperflation issue. Another part not properly explained was how hyperinflation began because Mugabe had to pay War Veterans their pensions, monthly salaries and other benefits that they could not afford so they decided to print money as an easy solution. And Southern Africa didn't really turn its back on Zimbabwe but rather was complicit in a lot of its crimes like when Mugabe didn't accept the 2008 election that he lost. Otherwise the video was good and laughed here and there.
Agree, but one small problem. If one is do fair land reform, compensation MUST be provided; otherwise it is intimidation and coercion to force someone to give up land that they personally did not steal. It should be expected that people will try to take their land back if the government isn't honoring their end of the bargain.
Great video... Just something I'd like to mention at 5:46, I disagree with calling the Bush War a "White's vs Black's" war... Many black people fought in the Rhodesian army... and mugabe and his army happily killed and tortured innocent whites and blacks
I got one of those 100 trillion bills. Crazy how when it was printed, it was worth $500 USD but by the time it got to the people to spend, it's value dropped to $0.40. They are, however, worth quite a bit more to collectors.
As a Zimbabwean, I can disagree on the part when he said the land is BORING. Its actually fun because of not having these strange rules such as "No noise after 10pm" so you feel more free. A bit
@@bingbongster a colleague of mine went there with this wife and he was fine, tho he said he didnt feel exactly safe at some points, the more touristy areas should be pretty safe
First video I've watched of you, and I LOVE IT! I liked that instead of countries being represented by a countryball, or a flag, they are represented by their national animal.
There are several steps that Zimbabwe could have taken to avoid hyperinflation. One option would have been to implement more effective fiscal and monetary policies, such as controlling government spending and limiting the money supply. Another option would have been to adopt a more stable and widely accepted currency, rather than relying on their own inflated currency. Additionally, increasing international trade and investment could have helped to stabilize their economy. But Nooo, print more Money and go to war with Congo. Like bruh.
I would like to note, Rhodesia wasnt AS racist as this guy said it was. He left out a lot of intracisies, the bush war wasnt just a straight race war, it had a lot more to do with Zanu PF being backed by the soviets and Rhodesia being abandoned by or ideologically opposed to their neighbors.
As a person who has read multiple books on the Rhodesian Bush war all of Rhodesia's units where mixed race and fully integrated it was Mugabe and Nkomo's Forces that where committing the racially motivated attacks and crimes against Rhodesians. There are also interviews with Rhodesian bush war veterans talking about how important the Africans in there units where to mission successes the best examples are the Rhodesian S.A.S. And Everyone hates Zimbabwe because of their commitment to genocide.
@@cavaleermountaineer3839 First they did farm attacks where looters would come to farm rape owners family, kill everyone and steal everything just like in South Africa today and later they took all white land and those whites who didn't fled to south africa were killed some say 200-300k of whites were killed
Lmao, Rhodesia was a white ethnostate in Africa. Maybe if they weren't so racist, they wouldn't have had a rebellion. It is irrelevant how "important" the Africans grunts were to them. They were fighting for white supremacy in Africa.
@@cavaleermountaineer3839 the Gukhurahundi and the less known expulsion of white colonists. (Despite being colonists they absolutely did not deserve to be killed or removed from the county.)
And South Africa was the industrial/military powerhouse on the continent that once people started to compare witch nation is better they would bring up USA/UK before even thinking of any other African state.
Damn. As a cricketing fan, I knew how bad Robert Mugabe was to Zimbabwe cricket(players like Henry Olonga reportedly got sent death threats at him for wearing the black armbands during the 2003 world cup to protest the violence, alongside Andy Flower, forcing both of them to leave), but I didn't know how fucked Zimbabwe was overall.
Nah, it can never get that way. I'm OK with colonization because today, people think euthanasia of humans for being depressed is a good thing. Who cares about violation of human rights of the past when those rights are still being violated today?
@@diddlypoop4722 No one said "literally". If you don't know the term breadbasket is used to describe a country with exceptionally rich agricultural soil often based on an advantageous climate. The same term was often used to describe Ukraine before 1932 when the majority peasant people were told that they were victims, That it was the very few minority successful farmers in their village that stole what rightfully belonged to them. After the successful farmers were purged Ukraine experienced a situation where they had significantly less people that knew how to farm This started the "Holodomor" period where 6 million ukrainians starved to death. While Zimbabwe was not fortunate enough to be spared the same fate we can only learn from this history, For as we all know It is only when is history is forgotten that it shall be repeated.
@@somelllrandomlllguyti9295 Yeah, I know what the term breadbasket means. Someone did say "literally" he asked if Zimbabwe was the literal or figuruative breadbasket of Africa which makes no sense.
What's coincidental is that in my math class, we had a problem where we had to find the final compound interest amount by continuously compounding monthly using Zimbabwe's annual interest rate in 2007 which was 2200%. Hours later, I see h0ser talking about Zimbabwe's hyper-inflation.
Zimbabwe had a good foundation, big shame. It's like seeing that nice house on a street rot, and if you live on that street (Africa) It brings the value of everyone around it down.
Its foundation was an apartheid state that literally turned most of the population from land holding farmers to the urban and rural poor with no rights.... no, they didn't have a good foundation
This is the first video of yours I've ever seen so I was watching it to see what I thought, and I was liking the video alot, but when you whisper echoed "Mugabe, Mugabe Mugabe" I instantly subbed 😆
You mentioned that the Bush war was White Rhodesians v black Zimbabweans, a correction on that one.. 70-90% of the Rhodesian army was black, the bush war was a battle against communists more than it was against black people..
Giving farm land to people who don’t know how to manage it was a disaster. If they had handled the transition to black ownership better thing might not have been so bad, but they bungled it.
Speaking as a Zimbabwean of British stock, I have a dream that Zimbabwe will rise again from the ashes. A land where our wildlife and national parks continue to thrive, our people are joyful and healthy, a good government and our succesful economy makes us the breadbasket/jewel of Africa once again. A land built on the laws of Loving-Kindness, Compassion, Unity, Tolerance, Forgiveness and Friendship for all beings. ( Higher Christ Consciousness ) Zanu-Pf and their Western /Chinese cabal masters are a fast dying breed who have no place in our future. Zimbabwe is full of good, young leaders ready to take over and lead our country to greatness. My generation. It will happen. I have great hope. It is done. So be it. Amen. 💚💚💛💛🙏🏻🙏🏻🐾🐾🕊🕊🇿🇼🇿🇼🇿🇼🇿🇼
Rhodesia was not segregated, they were able to access everything the white man was. Most people often make the mistake of viewing them like South Africa when it comes to policy. Yes, you do have the land appropriation act, however many forget it was purely a British policy originally, and it was actually put in place to protect the native African from white exploitation of their land, preventing the whites from taking a majority of it. The only thing that was genuinely segregated was the school system, which was justified once again by the British, and it was done to make the school system fair because the white and black population’s education levels were vastly different, which is a debatable policy. In the civilian sphere individuals were definitely racist, and there was a lot of it, however many make the mistake to blame the Rhodesian government, which in my opinion is the wrong approach. The Rhodesian government under smith was very progressive, trying to get the African population to obtain a proper education, and improving tribal land with agriculture programs. Along with the education the government also had integrated many African politicians into the parliament, at any point the African could have taken majority.
@@happydays5218 They were allowed to vote, nothing stopped a black man from taking the seat of Prime Minister. The goal was to properly educate the population so they truly understand the values of a democratic society. The voting policy was simply meant to be an incentive for the population to pursue an education.
@@karlwalters6975 The majority of black people were not allowed to vote in parliamentary elections during the Rhodesian government's regime. Denying people the right to vote based on an arbitrary education standard is a violation of human rights.
@@happydays5218 Yes, and look at where the lack of that standard has gotten the nation now, absolute ruin. You must understand Rhodesia was not like Europe or North America where most people understand the concept of democracy, in Rhodesia many only were familiar with the tribal system they’ve been surrounded with their whole life, or being excluded from democracy entirely under direct British rule. This policy was necessary for democracy to prevail. The policy was set in place to ensure people understand what they’re voting for, not to simply exclude them. You’ve missed the point there quite clearly.
@@happydays5218 Means testing? Maybe so, but granting just anyone the right to vote will lead a nation to ruin. South Africa post-Mandela has turned into a free-for-all where crime and corruption are the order of the day.
I'm from Botswana and our Chiefs knew shit was fucked up to the point where they had to travel to the UK and ask for colonization just to avoid being ruled by Cecil Rhodes so in a way Rhodesia's struggles helped revolutionize our country
I gotta say, I followed you for about six months, and you've easily been the most consistent source of mine on global politics (a big hobby of mine). Not just that, but the quality of your videos has only gotten better with time - keep up the good work!
love seeing ur videos and ive enjoyed all the videos since the first ive seen but ngl i love the channel even more since we have alot of african content coming from it, finding good interesting content about how african countries are doing is hard
I was in Zim twice to vacation in the 1990s. The first vacation was one of the best I ever had. Met bunch of people backpacking from all over the world. It was cheap. For about US$ 2 you could buy a nice meal. After whites were kicked off there land things went downhill quickly. Something not mentioned in this video is that one of the reasons Zim stopped print their own money was because the Zim government run out of foreign currency to buy the ink from Germany to print their own currency. South Africa (my country of birth) is heading the same direction as Zim.
@@donovanlocust1106 they are much better off now lol or do you think they were better off being enslaved by the islamic states for 1200 years, before the British ended it.
Good video, this really educates people about the immaturity of modern governments and dictators. It's amazing to have education about problems about the world so we don't repeat it, respect.
Unfortunately South Africa seems to be getting closer and closer to enacting the same sort of fast track policies Zimbabwe did in the 2000s. Hopefully they don't but politics is ruthless
I was born in Rhodesia, and left BEFORE it became Zimbabwe. Rhodesia was rich. Gold, tobacco, beef, platinum... As soon as ZANU came into power, Zim went into the toilet.
i love your videos! ive only recently gotten into geopolitics from the war in ukraine. your videos are hilarious and well-researched. do you have any usual spots where you find all this information? i know I could find it if I looked hard enough......some youtube journalist channels post their references in the description and I would appreciate it if you did the same. or course you don't need to and ill still be grateful for the videos
Never forget that as Rhodesia, it was a massive powerhouse of Africa. Only starting in the late 70’s and 80’s did it turn into a terribly poor country.
Yes but let's show the complete picture. How does a powerhouse thrive on displacing natives and passing laws that bar them from participating in the economy by demarcating land, separating residences? The answer is RACISM.... The only problem was that it couldn't go on forever... Socialism came and swept native youths away and the cold war came knocking. Who can we blame here... I BLAME THE RACIST GOVERNMENT FOR IT'S FAILURE to include Africans from day 1.
I feel bad for all the people in Zimbabwe that had to suffer because of their corrupt government and their burning all the bridges with all the countries that could sanction them.
Man, I've always been interested in Geography and only in the last year or so have I become interested in politics. Your videos are great , super informative and digestable too. It's all so sad, I really do take for granted where and when I was born.
In Rhodesia people got to eat well work decent jobs and live comfortably, In Zimbabwe people don't get to eat well at all the jobs are in strip Mines and people live in poverty. Very unfortunate
The decolonization era is basically a shit show of peoples and nations that were kept from power for generations getting power thrust on them overnight without anyone having the qualifications to rule or drive the economy if decolonization was a more slowwer process and the natives were trained to rule and run an economy a lot of chaos would have been avoided and africa would be more democratic
lmao, you don't understand imperialism; how many African leaders got assassinated or couped after independence ...no one wanted a democratic Africa they want one subservient to their economic whims hence why dictators got unlimited support from from the former colonizers.
And if not for colonization and the British empire the islamic countries would still be taking slaves from Africa, as they did for 1200 years, and there was no "trade", unlike the Atlantic slave trade where many African kingdoms became very wealthy selling slaves. Saudi Arabia had slavery until 1965 and once again the Brits basically told them to end it or we will take your oil and you will be nothing sandy sheep shaggers forever.
@@augustopinochet1670 the difference is that in Arabic societies a slave could become king not so much with the British. England and Europe took more slaves off Africa in the span of like 400 years than the Arab Slave trade did I over 1000. Scientific racism sort of existed due to African slavery in the middle east but it was put on steroids by Europeans. Britain fought several wars just to control the slave trade from Africa and only gave it up when it wasn't profitable anymore. They used slave trade repression as a new tool for imperialism as we saw in their annexation of Lagos which began the invasion of modern day Nigeria. So idk why you people keep bringing up the British when they literally used to be the leading slave exporter and then abandon it when it wasn't profitable then used it to justify more imperialism. Like how is that noble? Lolo
I lived in Zimbabwe for a couple years before Mugabe decided it was a good idea to shoot it's own leg... bailed faster than the speed of light when I got my first 100000000$ note, imagine years of life saving gone in 2 weeks... it was so bad man. (The only upside to all this is that I can brag that I was once a Trillionnaire)
"The whites ruled the economy, ruled the country, and ruled the land" And in return, the blacks lived at least twice as good as any of their African continent neighbors. Apart from that; Illiteracy? What's that. We don't know what that is. Now food export and zero famines, we definitely know what THAT is. ~Rhodesia
The ending is wrong. Hungary in 1946 had more trillionares than Zimbabwe. The highest denomination note issued was 10^20 pengős = 100 quintillion pengős. Hungary still holds the record for the highest rate of inflation in history. When Hungary abandoned the pengő in favor of the forint (at a conversion rate of 4*10^29 pengő = 1 forint) all the money in circulation in Hungary was worth about a 1/100000 dollars.
Jesus, it's crazy that countries let things reach points like that. How high does the number have to be before the dudes realize yo maybe adding more zeroes isn't fixing things.
@@jamesdulak3108 The thing about hyperinflation is that it goes super fast. Fixing the underlying economic problems that cause hyperinflation or even just taking stopgap measures takes time. And when the rate of inflation is so high that prices are doubling every day, you just end up with really, really high numbers in only a matter of months or even weeks.
Zimbabwe might actually become a space fairing nation due to their inflation rate.
Good joke🤣
Zimbabwe can into space.
I mean, their country is worth quadrillions
Soom more
Lol
As far as I know, Zimbabwe imported printed bank notes of their own currency from Germany (they couldn‘t print enough money on their own). By the time the money had arrived, it was already worthless. It‘s a shame seeing a country fail.
Bruh moment
Germany managing to cause hyperinflation even across continents
@SommerSen Hopefully they don't adopt other German traditions.
Certified zimbabwean classic.
Kinda ironic that they had Germany print money for them. Because Germany had a similar case of hyper inflation around a century ago. I heard that it got so bad that a guy was in a coffee shop and by the time he finished his coffee the price of another one had already gone up and he couldn't afford it.
Afghanistan right after the Taliban took over couldn't even print money due to sanctions but they had(have) catastrophic inflation.
I haven’t finished the video but I wanted to add a little fact. The 100 trillion bill is actually only worth around $0.14 cents. A few years ago they reformed the billing of their paper currency and now no longer use such large bills. After they did this, the 100 trillion dollar bill that was only worth .14 cents went up to $25 usd because it became a historical item, as a example of the largest hyper inflation in human history.
I always found that funny how it became so more valuable after it was disestablished.
Fourteen cents???????? 100 trillion bill is only worth FOURTEEN CENTS???????
@@wyoboy01 Hey, that's like
Their entire week's salary. Don't make fun
@@RazorsharpLT I wasn't making fun. That was pure shock. I would not ever make fun of something like that.
It’s almost like if there’s an endless supply of something, it holds no value.
If your a christian you need to repent of your sins PLZ
Having lived in Zimbabwe (in it's various stages)for 38 years, there are several inaccuracies in your video clip which I am compelled to mention. You refer almost exclusively to the indigenous peoples as the "Ndebele", who were incidentally an "off-shoot" of the "Zulu" nation of neighbouring South Africa. Yet within Zimbabwe there are three distinct tribal groupings , The "Shona" tribe numerically superior to the Ndebele and the majority of the ruling "Z.A.N.U.Q" party led from independence in 1980 by the despotic and corrupt President Mugabe, until his death. The Ndebele tribe are the second largest in the country but with no real political power and lastly the minority Manica tribe, mostly based around the "Eastern Highlands" of the country. This 3 way tribal mix was/is an ongoing source of tension and problems within the country, most notably between the majority Shona tribe and the minority but more "war-like" Matabele(as you incorrectly called them "Ndebele" which is the name of the language) tribe. The Matabele probably figure so largely in your supposed history as the first treaty in the area was in fact by missionary Robert Moffat, followed some time later by a treaty between Cecil Rhodes', British South Africa Company and the Matabele King Lobengula. Despite the accuracy of the land distribution which you mentioned and the separation of state educational and health facilities along racial lines, it must also be remembered that "Rhodesia" never had the same extent of draconian racial segregation as South Africa under "Apartheid"..!!
No one asked swarth
@@andrewmartinez7559I did! Always nice to get the facts!
@@andrewmartinez7559why does anyone need to ask? Comments like yours stink of a lack of common sense
Yup. I noticed they distinctly wrong remarks too. On his RSA video there were also so major inaccuracies. Coming from a South African.
The world already knows so little about the sht that's happening in this part. Now there's some random Westerner spitting thumb sucked facts out.
@@andrewmartinez7559who ask for your opinion
It is depressing that Mugabe was so horrible and incompetent that people are nostalgic for the racist regime that came before him.
and that's true for the current government. More so, we're nostalgic for Mugabe's government now😏
@@brucemclaren- wait the current govt is worst?
The 'racist' regime was hardly racist. Everyone's lives were objectively better. It is only artificial modern constraints that say whites that run things better cannot do that, because objective suffering is apparently better.
If we go by objective standards, Zimbabwe is the most racist it has ever been right now, causing the greatest amount of suffering for its own people. But hey, at least it isn't 'racist' by modern standards
Ngl the Idea of taking Land from whites and giving them back to the Blacks was dope af
Rhodesia was not racist how can you expect uneducated fools to participate in democracy. The countries rights were based on income not race only problem is if your illiterate you cant get a good job so natives think its racist. The British built schools and hospitals increasing life expectancy and education, eventually the natives would of become more educated and had more money and rights
Printing more money to combat a bad economy is something I'd like to call an economic aneurysm
Because money only worth if you have something to buy. Didnt matter if youre a rich millionare but stranded in a island with no water. Suddenly your money is worthless than a bucket of water.
It's like trying to drink yourself sober.
@@secondavenger9775 Drinking poison to quench thirst.
@@ultimaxkom8728 using your clothes as a fire fuel because you're cold
There was this singer who died last December because of a brain aneurysm, he was 29 yrs. old.
I really feel sorry for the average Zimbabwean having to suffer because of the political elite
If your a christian you need to repent of your sins PLZ
@petros8478 imagine if the political elite gad to repent their sins PLZ 🤔 🤣🤣
Please, without colonialism they would have been living in the dust covered with flies and starving like Ethiopians. That is the default setting of Africa without western civilization and influence. South Africa will go the same way. You cannot force evolution and civilization. Every time these nations fail it is a condemnation of the standard of African Society. I work with Zimbabweans and they all blame the USA, so disappointing because it gives me zero hope for Africa or Africans.
1:18
I’m in zim and I ain’t suffering and yes I was born there
Zimbabwe in 2004-2005 was hell I can remember lining up with my grandma to get a loaf of bread the lines were incredibly long and the bread would run out. The government tore down unregistered homes because people didn’t vote for them in the elections, operation “kuramba tsvwina” translating to “remove the dirt”, soldiers were sent out to beat people in my neighborhood and so many people living under the poverty line became even more poor, from a small brick home or metal shack with a little land to garden to homeless with no food. My grandparents pension completely destroyed. Worth nothing anymore. And don’t get me started on the HIV and AIDS crisis mixed with a failed Health system. The love of money is the root of all evil. F* Zanu PF.
That is sad... are you & your family doing ok now?
Its sadly a common trope in Africa, that government is either educated and oppressive or uneducated and incompetent. Only a few countries managed to break this curse.
What do you think about gadafi?
@@johnpederson5873 Terrorist
@@johnpederson5873 think how Islamic Elon musk would run a country
@@scthelfen Probably still better than Mugabe tbh
yes, odd how those competent leaders got assassinated or couped then those incompetent leaders got support from the western countries who had just decades prior carved up the whole continent........its because neo colonialism you mong they don't want competent leadership in Africa they want cheap raw material and cheap labor just like before.
Just here to confirm some numbers. My last Zimbabwe dollar paycheck before we all adopted the US$ was 3.5 trillion. It was locked in a bank account. We only had access to 200m withdrawals per day and the queues to draw were hours long sometimes. Often the bank would run out of cash before a small number of us could withdraw anything.
That 3.5t was worth about a months groceries. Within a week, it was worth a weeks worth.
Question how bad is civil unrest because of that crap your government is pulling
Man, how the heck did you make ends meet?
@@Tinil0 that was by far the toughest period in my life. A lot of us made ends meet by dealing in some black market trades or foreign currency trading. I was lucky enough to have a contact that I could buy large amounts of sugar from and I resold for South African Rands or US dollars.
@@The4Nowhat was the margin of the sugar what was the markup and what quantities? Its an amazing story
Kumama chaiko
Africans when dismantling the farms results in less food 🤯
Oh my goodness destroying food sources result in less food? 😱😱😱😱
Every black run nation in history 😮
Rhodies were right
@@devildog2378 What did they say?
I live in Mozambique, my father gave me a bunch of those trillion notes. I went to school with it. They thought I stole the bank or something. They called my parents. My parents laughed
I love 50 Cent, or as we call him in Zimbabwe, 500 billion Zimbabwean dollars
Easy joke
KEK
This is brilliant😂😂😂😂
In 2015, the Zimbabwean government offered 1 USD for 175 Quadrillion “3rd issue” Zimbabwean Dollars. So 50 cent would actually be 87.5 Quadrillion Zimbabwean Dollars.
@@kurousagi8155 Let's just round it down and call him 50 Quadrillion Zimbabwean Dollars
As an African (Nigerian) I really appreciate these videos you do on various African countries👍👍. Your coverage is objective, well researched and presented, and fun to watch. You also don't use the same excuses that most westerners and Africans give when discussing Africa's issues i.e. you don't just blame colonialism or racism for our problems but focus on geography, corruption, national unity, and economic systems. I truly appreciate that. Also, this video is a perfect comparison with your Botswana video. While Zimbabwe has more resources and better land, their terrible leadership undermined their post-colonial development while Botswana used good leadership and socioeconomic policies to improve themselves.
I'm wondering how developed the Internet is in your country? And what about internet in villages?
So I know why my uncle curse every time he heard name mugabe
@@bowser3017 there are perfectly normal and developed cities in Africa, you know. It's not just mud huts everywhere
@@bowser3017 there’s internet everywhere these days buddy
Even in Nepal or remote areas
@@onesteeltank I don't follow stereotypes, I'm just wondering how developed internet is in Nigeria
As a German this inflation is making me really nostalgic
Schubkarre statt Geldbeutel
Nostalgic please
Do you want to start WW3
With that Mugabe Mustache
Wait a minute……
@@EM-tx3ly😂😂
Zimbabwe did make it look like their country would be better run by british
My girlfriend is half Rhodesian half South African (White) and I asked her grandfather (Rhodesian) how bad the crime rate is over there considering how bad it is in South Africa and he just said “Agh it’s not bad over there because there’s nothing to steal”. Which in hindsight makes sense…
Also not everyone just up and left by their own decision , her grandfather and their family lived on a farm and got told they have 24 hours to leave or they’d be “dealt with” aka murdered.
So yeah they chased away the only competent workforce they had and subsequently went from the breadbasket of Africa to starving to death.
He grandfather has old Rhodesian notes of $5 and so on which we’re equal to the USD. Next to these notes hangs the Zimbabwean trillion dollar notes…
Fuck Mugabe, I hope the Zimbabwean people one day get out of this desperate situation. It’s truly tragic what ensued there.
You have a girlfriend? I feel bad for her knowing she's being exploited by a weird Nazi who fetishizes her for being from a dead country
@@donovanlocust1106 10 trillion Zimbabwean dollar army
U mean half Zimbabwean
@@kgsniper4850 piss off
@@msbeastinator4689 maybe. It's possible she's half Rhodesian because she was born when it still existed.
For the closing, I think there was a missed opportunity to say, "Of course they knew how to run an economy..... An economy to the ground!"
My thoughts exactly! “They ran it right into the ground, and just kept digging.”
That's what I was expecting. But more trillionaires was toooooo tempting. 🤣🤣🤣
Nah, I like the original about Zimbabwe having the most trillionares.
cheesy
It's not like post-colonial nations in Africa can't be successful. Look at what Botswana is doing. How did Botswana not fall to cronyism but Zimbabwe did so easily?
Botswana didn't jump on the Marxist bandwagon like its neighbors.
what a roller coaster of a country.. sad that if living there, you are powerless over all of this..
Just so folks know, the $10 trillion notes he’s got is worth $30 USD. But only as a collector’s item.
When it was finally removed from circulation in 2015, the Zimbabwean government offered $1 USD for $175 Quadrillion Zimbabwean “Third” Dollars. So the $10 Trillion bill H0ser shows in the beginning was worth .00005714 US dollars at the end of its life. Or about over 1/200th of a US penny. The largest bill was the $100 Trillion bill and that was worth about 1/20th of a US penny or .0005714 US dollars.
All the ones I've seen were more, I've always wanted a few.
electrolyser technology, known as a proton exchange membrane (PEM) system. “the energy transition will be built with metals.” That is true not only for the obvious high-volume commodities such as steel, copper, and lithium, but also for lesser-known metals such as iridium.
But companies’ plans for green hydrogen projects suggest there will be a steep increase in demand over the coming decade. Meeting just the EU’s goals for green hydrogen production could by 2030 lead to demand for iridium for electrolysers that is several times current global supply.
The Biden administration has acknowledged that supplies of platinum group metals (PGMs), including iridium, were a critical issue for the development of the low-carbon hydrogen industry that was endorsed in the bipartisan infrastructure bill passed last year.
President Joe Biden last month issued a series of executive orders invoking powers under the 1950 Defense Production Act to stimulate production of clean energy technologies, including electrolysers and PGMs. The administration’s statement argued that support for PGM catalysts “will enhance national and energy security by reducing US reliance on imported fossil fuels, particularly Russia and China.”
The US energy secretary, this week announced a new partnership with Australia, intended to accelerate progress towards a net-zero emissions energy system. The two governments’ joint statement highlighted “the crucial role critical minerals and materials will play in the energy transition” and in enabling the deployment of technologies including telecommunications, Ai, space exploration, and Tesla type gravity engines !
World iridium supply is currently dominated by South Africa, as a by-product of platinum and palladium production. South Africa accounts for 87% of global iridium production, with a further 8% coming from Zimbabwe and 3% each from Russia and Canada, according to the US Geological Survey.Haitis supply which is illegally mined to keep the nation porr is not mentioned but the UN security forces currently guard irridum mines from use by Haitian nationals. South Africa also has the great bulk of the world’s PGM reserves: about 91%, followed by Russia with about 6%, Zimbabwe with about 2% and the US with about 1%, again according to the USGS. The green tech industry is aiming to grow rapidly, and a materials supply chain that is rooted almost entirely in southern Africa looks like a critical vulnerability that the west wants to exploit by starving Zimbabwe and offering them pennies so they can steal billions.
Melany Vargas, Wood Mackenzie’s head of Americas hydrogen consulting, said: “From an energy security perspective, there is certainly the potential for disruption to supplies that would be a constraint on the growth of green hydrogen production.”Meaning they are looking for ways to cause unrest and steal the resource before it can be sold. The likely increase in demand for platinum looks manageable, but iridium could be much more of a challenge. Total world iridium production this year will be about 255,000 ounces, Irridiums price on the world market is currently 45 billion per ton. Is iridium more expensive than gold? Iridium, which is also used in spark plugs, has climbed to $6,000 an ounce, according to Johnson Matthey Plc data. That makes it more than three times more expensive than gold.
@@mictheory1 This post is just to get people to not buy silver right?
@@Eargesplitten-Loudenboomer Why? I'm not against investing especially if you invest in your nation owning its resources to benefit itself and its citizens.
@@mictheory1 green hydrogen is a pipe dream that can only become feasible when nuclear fusion does
As someone from Zimbabwe I would say you did a pretty good job researching and presenting this video. Most of the Zimboz have left the country and more continue to leave. The working age is now working outside the country and clearly that spells more disaster for Zim. I pray that one day things change for the ordinary Zimboz because Zim is a very beautiful and naturally rich country but it's just not benefitting the ordinary person. God bless Zim
😂 😂 😂 You're toast bruh. They are coming for you
@@felicitywithacity7020 who is they
@@cruzgomes5660 The jews
@@cruzgomes5660 Fellow black people
It was when Rhodesians were running it
“Mugabe was a star. And then the sun came up.” -Nelson Mandela
Colonialism is so bad, that the countries collapse into civil war or economic crisis after the colonizers leave. Truly horrifying
We have a lot of problems in South Africa, and it's very, very common to hear people say that we're just 10 years behind Zimbabwe. But we've actually remained surprisingly strong. Zimbabwe is an absolute shitshow. I've met a number of Zimbabwean immigrants who were delighted to be farm workers in SA.
Wait with Eskom! 33 percent electricity tariff increases! People will eat cowdung in South Africa soon!
I think SA is definitely going the wrong direction. I don't think they're too far gone but if they don't change things soon, I believe they'll be suffering the same fate as Zim.
SA collapse can be seen in real time though.
The whole world is about to be Zimbabwe'd. Palpatine has to destroy everything to bring in his New World Order.
i would rather be a farm worker than starve to death or get shot in the head too
“We’re free! The Zimbabwean government has saved us all!”
“Oh I wouldn’t say saved, more like *under new management.*”
African coups in the nutshell.
You left out the part where Rhodesia was the bread basket of Africa BEFORE Mugabe.
Mugabe is actually an economic genius, he made the Zimbabwe people a trillionaire overnight
A better name might actually be Zimbabwe - How to Ruin an Economy
Lol
True
Yeah agree lol
you don't get the joke, chum.
@@woozy96 what does that mean?
Interesting video and it had a more comedic undertone so certain things were a bit wrong like Ndebeles don't completely dominate the country they're actually the second largest tribe, Shonas are the ones who dominate Zimbabwe, Mugabe is Shona and ZANU PF is dominated by Shonas and the 20 000 political opponents massacred were mostly Ndebele civilians.
The land being given back to black Zimbabweans was part of the Lancaster Agreements between the white & black Zimbabweans, and the British under negotiations to end the Rhodesian Bush War and to set up a proper democracy, which under Tony Blair was broken which Mugabe did use it as a political opportunity to exploit into building support for himself and his party.
Relatively speaking in the 80s and 90s Mugabe and Zanu PF did improve living standards for black Zimbabweans but it wasn't sustainable.
Things really went south in the 2000s when Mugabe didn't want to leave power, the Rhodesian bush war veterans were grabbing land, Zim forces entered into the Congo War and the hyperflation issue.
Another part not properly explained was how hyperinflation began because Mugabe had to pay War Veterans their pensions, monthly salaries and other benefits that they could not afford so they decided to print money as an easy solution.
And Southern Africa didn't really turn its back on Zimbabwe but rather was complicit in a lot of its crimes like when Mugabe didn't accept the 2008 election that he lost.
Otherwise the video was good and laughed here and there.
Now this is a comment that should have more visibility. Thanks for sharing.
🤓
-🤓(me)
Agree, but one small problem. If one is do fair land reform, compensation MUST be provided; otherwise it is intimidation and coercion to force someone to give up land that they personally did not steal. It should be expected that people will try to take their land back if the government isn't honoring their end of the bargain.
Great video... Just something I'd like to mention at 5:46, I disagree with calling the Bush War a "White's vs Black's" war... Many black people fought in the Rhodesian army... and mugabe and his army happily killed and tortured innocent whites and blacks
I got one of those 100 trillion bills. Crazy how when it was printed, it was worth $500 USD but by the time it got to the people to spend, it's value dropped to $0.40. They are, however, worth quite a bit more to collectors.
The most important economic decision is to never piss off those who can sanction you
Iran be like
About that
@@lucyadam9128 Don't forget North Korea especially. Bastards literally threaten WW3 all over not getting enough foreign aid.
Russia: 💀
@@lucyadam9128 Iran has oil
yes.
As a Zimbabwean, I can disagree on the part when he said the land is BORING. Its actually fun because of not having these strange rules such as "No noise after 10pm" so you feel more free. A bit
Bruh fr,, im zimbabwean too
How safe is it to visit as a white?
@@bingbongster a colleague of mine went there with this wife and he was fine, tho he said he didnt feel exactly safe at some points, the more touristy areas should be pretty safe
@@bingbongster Zimbabwe has one of the lowest crimes rates and espically one of the lowest murder rates in africa.
@@bingbongsterwhites are treated like kings here ❤😂
Rhodesia showed everyone what Africa could be, Zimbabwe showed everyone what Africa is.
First video I've watched of you, and I LOVE IT!
I liked that instead of countries being represented by a countryball, or a flag, they are represented by their national animal.
There are several steps that Zimbabwe could have taken to avoid hyperinflation. One option would have been to implement more effective fiscal and monetary policies, such as controlling government spending and limiting the money supply. Another option would have been to adopt a more stable and widely accepted currency, rather than relying on their own inflated currency. Additionally, increasing international trade and investment could have helped to stabilize their economy. But Nooo, print more
Money and go to war with Congo. Like bruh.
Did you ask ChatGPT? 😂
@@HeortirtheWoodwarden yeaaahhhh
@@KevinArogunmati1234 Damn. That's pretty cool.
Trial and error, you have to find the answer if it is not available to you.
@@fullmetaltheorist IKR
“We are not gay”
I felt that.
I would like to note, Rhodesia wasnt AS racist as this guy said it was. He left out a lot of intracisies, the bush war wasnt just a straight race war, it had a lot more to do with Zanu PF being backed by the soviets and Rhodesia being abandoned by or ideologically opposed to their neighbors.
your employment of vine boom sound effects whenever bringing up a challenge or issue a country faces is so well done.
As a person who has read multiple books on the Rhodesian Bush war all of Rhodesia's units where mixed race and fully integrated it was Mugabe and Nkomo's Forces that where committing the racially motivated attacks and crimes against Rhodesians. There are also interviews with Rhodesian bush war veterans talking about how important the Africans in there units where to mission successes the best examples are the Rhodesian S.A.S. And Everyone hates Zimbabwe because of their commitment to genocide.
Interesting. What genocide did they attempt?
@@cavaleermountaineer3839 The genocide of rhodesian farmers and their families.
@@cavaleermountaineer3839 First they did farm attacks where looters would come to farm rape owners family, kill everyone and steal everything just like in South Africa today and later they took all white land and those whites who didn't fled to south africa were killed some say 200-300k of whites were killed
Lmao, Rhodesia was a white ethnostate in Africa. Maybe if they weren't so racist, they wouldn't have had a rebellion. It is irrelevant how "important" the Africans grunts were to them. They were fighting for white supremacy in Africa.
@@cavaleermountaineer3839 the Gukhurahundi and the less known expulsion of white colonists. (Despite being colonists they absolutely did not deserve to be killed or removed from the county.)
When it was Rhodesia (until the 1970s) this country was known as the breadbasket of Africa and was known for good living standarts
if it survived the government could've reformed into something less racist and more equal than the USA today imo
And South Africa was the industrial/military powerhouse on the continent that once people started to compare witch nation is better they would bring up USA/UK before even thinking of any other African state.
@@gidi3250 They failed because their leaders pussied out and caved to the pressure from the whites in usa and etc
Yeah (for white people)
@@donovanlocust1106 stop with your lies
As a Canadian, I can conform that NDP is the exact same one as in Zimbabwe. (both communist kids)
Damn. As a cricketing fan, I knew how bad Robert Mugabe was to Zimbabwe cricket(players like Henry Olonga reportedly got sent death threats at him for wearing the black armbands during the 2003 world cup to protest the violence, alongside Andy Flower, forcing both of them to leave), but I didn't know how fucked Zimbabwe was overall.
Zimbabwe used to be the bread basket of Africa while under competent government
@@Sceptonic how would it literally be the breadbasket of Africa?
Nah, it can never get that way. I'm OK with colonization because today, people think euthanasia of humans for being depressed is a good thing. Who cares about violation of human rights of the past when those rights are still being violated today?
Instead, it became the basket case of Africa.
@@diddlypoop4722 No one said "literally". If you don't know the term breadbasket is used to describe a country with exceptionally rich agricultural soil often based on an advantageous climate.
The same term was often used to describe Ukraine before 1932 when the majority peasant people were told that they were victims, That it was the very few minority successful farmers in their village that stole what rightfully belonged to them. After the successful farmers were purged Ukraine experienced a situation where they had significantly less people that knew how to farm This started the "Holodomor" period where 6 million ukrainians starved to death.
While Zimbabwe was not fortunate enough to be spared the same fate we can only learn from this history, For as we all know It is only when is history is forgotten that it shall be repeated.
@@somelllrandomlllguyti9295 Yeah, I know what the term breadbasket means. Someone did say "literally" he asked if Zimbabwe was the literal or figuruative breadbasket of Africa which makes no sense.
Everything the Rhodesian fought for, all vanished. From breadbasket of Africa to dustbowl.
The worst thing that happened to Africa was colonisation, the second worst thing to happen to Africa was decolonisation
Rhodesia was an apartheid state who sold food overseas while the black masses starved...I swear you Rhodesia freaks get more unhinged as time passes.
@@franzjoseph1837 Wait until you find out about why I bought all this land in Zimbabwe then you’ll get even more unhinged
@@tjmartin8516 how am I unhinged lol Rhodesia literally practiced apartheid also why caress if you bought land lmao
@@franzjoseph1837 I thought you would be a lot easier to troll
10 trillion zimbabwe dollars arent 30 USD. their about 4 cents.
Can't believe my country is now a case study on how 'not' to run a country
What's coincidental is that in my math class, we had a problem where we had to find the final compound interest amount by continuously compounding monthly using Zimbabwe's annual interest rate in 2007 which was 2200%. Hours later, I see h0ser talking about Zimbabwe's hyper-inflation.
Zimbabwe had a good foundation, big shame. It's like seeing that nice house on a street rot, and if you live on that street (Africa) It brings the value of everyone around it down.
Its foundation was an apartheid state that literally turned most of the population from land holding farmers to the urban and rural poor with no rights.... no, they didn't have a good foundation
This is the first video of yours I've ever seen so I was watching it to see what I thought, and I was liking the video alot, but when you whisper echoed "Mugabe, Mugabe Mugabe" I instantly subbed 😆
My science teacher gave me a million dollar Zimbabwe currency then a year later he quit because he couldn’t handle us
3:30-3:36 may be my favorite 6 seconds in internet history.
4:29
You mentioned that the Bush war was White Rhodesians v black Zimbabweans, a correction on that one.. 70-90% of the Rhodesian army was black, the bush war was a battle against communists more than it was against black people..
Giving farm land to people who don’t know how to manage it was a disaster. If they had handled the transition to black ownership better thing might not have been so bad, but they bungled it.
Zimbabwe is literally the "sheeeeiiit" nation LMAO
@свевский ayyo gibs me dat >:(
@свевский "i cant feed"
No, I think Somalia has that title.
@свевский Good
@@cashewnuttel9054more likely Haiti, lmao
Man your videos are entertaining as hell, I found you from the Australian one and now I'm watching em all. 😎
Speaking as a Zimbabwean of British stock, I have a dream that Zimbabwe will rise again from the ashes. A land where our wildlife and national parks continue to thrive, our people are joyful and healthy, a good government and our succesful economy makes us the breadbasket/jewel of Africa once again. A land built on the laws of Loving-Kindness, Compassion, Unity, Tolerance, Forgiveness and Friendship for all beings. ( Higher Christ Consciousness ) Zanu-Pf and their Western /Chinese cabal masters are a fast dying breed who have no place in our future. Zimbabwe is full of good, young leaders ready to take over and lead our country to greatness. My generation. It will happen. I have great hope. It is done. So be it. Amen. 💚💚💛💛🙏🏻🙏🏻🐾🐾🕊🕊🇿🇼🇿🇼🇿🇼🇿🇼
Hello my Zimbabwean free
thanks, truly our most influential economist of the 21st century
Your videos are a very interesting mix of education, humor, and morbidity
Thanks so much for this video. Feels like Fan service after I requested. Much appreciated
I love your sense of humour, I'm subscribing
Okay I give up I have been watching your videos for 2 years it’s time to subscribe 😂😂😂😂😂
Rhodesia was not segregated, they were able to access everything the white man was. Most people often make the mistake of viewing them like South Africa when it comes to policy. Yes, you do have the land appropriation act, however many forget it was purely a British policy originally, and it was actually put in place to protect the native African from white exploitation of their land, preventing the whites from taking a majority of it. The only thing that was genuinely segregated was the school system, which was justified once again by the British, and it was done to make the school system fair because the white and black population’s education levels were vastly different, which is a debatable policy. In the civilian sphere individuals were definitely racist, and there was a lot of it, however many make the mistake to blame the Rhodesian government, which in my opinion is the wrong approach. The Rhodesian government under smith was very progressive, trying to get the African population to obtain a proper education, and improving tribal land with agriculture programs. Along with the education the government also had integrated many African politicians into the parliament, at any point the African could have taken majority.
Why was the black population not allowed to participate in elections? Imagine denying the majority of the population the right to vote
@@happydays5218 They were allowed to vote, nothing stopped a black man from taking the seat of Prime Minister. The goal was to properly educate the population so they truly understand the values of a democratic society. The voting policy was simply meant to be an incentive for the population to pursue an education.
@@karlwalters6975 The majority of black people were not allowed to vote in parliamentary elections during the Rhodesian government's regime. Denying people the right to vote based on an arbitrary education standard is a violation of human rights.
@@happydays5218 Yes, and look at where the lack of that standard has gotten the nation now, absolute ruin. You must understand Rhodesia was not like Europe or North America where most people understand the concept of democracy, in Rhodesia many only were familiar with the tribal system they’ve been surrounded with their whole life, or being excluded from democracy entirely under direct British rule. This policy was necessary for democracy to prevail. The policy was set in place to ensure people understand what they’re voting for, not to simply exclude them. You’ve missed the point there quite clearly.
@@happydays5218
Means testing?
Maybe so, but granting just anyone the right to vote will lead a nation to ruin. South Africa post-Mandela has turned into a free-for-all where crime and corruption are the order of the day.
I'm from Botswana and our Chiefs knew shit was fucked up to the point where they had to travel to the UK and ask for colonization just to avoid being ruled by Cecil Rhodes so in a way Rhodesia's struggles helped revolutionize our country
And went from being poor to being less poor
@@triobros98despite being sanctioned by the world Rhodesia had the gdp of New Zealand
Khami and his worriers sided with rhodes and the bsap.
A perfect example of being careful what you wish for.
I love your channel it’s interesting and funny asf I learn a lot from your videos keep it up my guy
I gotta say, I followed you for about six months, and you've easily been the most consistent source of mine on global politics (a big hobby of mine). Not just that, but the quality of your videos has only gotten better with time - keep up the good work!
i saw in increase in quality in the last few videos
love seeing ur videos and ive enjoyed all the videos since the first ive seen but ngl i love the channel even more since we have alot of african content coming from it, finding good interesting content about how african countries are doing is hard
“I would go to school if this was the teacher”
I was in Zim twice to vacation in the 1990s. The first vacation was one of the best I ever had. Met bunch of people backpacking from all over the world. It was cheap. For about US$ 2 you could buy a nice meal. After whites were kicked off there land things went downhill quickly. Something not mentioned in this video is that one of the reasons Zim stopped print their own money was because the Zim government run out of foreign currency to buy the ink from Germany to print their own currency. South Africa (my country of birth) is heading the same direction as Zim.
Its almost like people who remained more or less in the Stone Age until Europeans arrived are incapable of running modern countries...
@@anon_148 globalist jews killing the white man, look up global development index compared to european diaspora, basically the same
Yep, SA is toast, ANC is a bunch of communists
When you win 400M Dollars but you realise its Zimbabwe Dollars.
None of this would never happen if people just accepted Rhodesia as s country
"None of this would have happened if we just accepted a racist colonialist state that oppressed its native African population."
@@donovanlocust1106 they are much better off now lol or do you think they were better off being enslaved by the islamic states for 1200 years, before the British ended it.
@@augustopinochet1670 go away
Or had Labour-ruled UK not sanctioned it to submission.
you are genius, I am politics and history junkie and I am impressed by your videos
had to follow you after that ice spice reffernce , you are a man of culture
Amazing video, very well researched and really entertaining! I’m not a history guy, but I might be now!
Good video, this really educates people about the immaturity of modern governments and dictators. It's amazing to have education about problems about the world so we don't repeat it, respect.
Unfortunately South Africa seems to be getting closer and closer to enacting the same sort of fast track policies Zimbabwe did in the 2000s. Hopefully they don't but politics is ruthless
@@h0ser
The ruling ANC share the same far-left views Mugabe had. It figures when the ANC was a Soviet-founded organization.
The actual education is how colonizing and racism ruin a nation
On the plus side, Zimbabwe how some of the lowest rates of counterfeit money in the world!
I subbed after this! What a great video!
As a South African I can say without a doubt that we are heading there as well
y?
@@jamiru_nahi3065 Dwindling tax base, poor financial policies, high unemployment, 12 hours of electricity a day
Nah SA is suffering from Stagflation
Zimbabwe is suffering Hyperinflation
Nd Sanctions ruining the Economy
SA could Revive with Good leadership
Nah
@@jimisierra1243 Good leadership? From what planet?
🤣🤣🤣🤣🤣🤣🤣 This might be your best. Absolutely brilliant and I always get the deep, long ROFL that I need each day. Can't thank you enough. 🤣🤣🤣
I was born in Rhodesia, and left BEFORE it became Zimbabwe. Rhodesia was rich. Gold, tobacco, beef, platinum... As soon as ZANU came into power, Zim went into the toilet.
i love your videos! ive only recently gotten into geopolitics from the war in ukraine. your videos are hilarious and well-researched. do you have any usual spots where you find all this information? i know I could find it if I looked hard enough......some youtube journalist channels post their references in the description and I would appreciate it if you did the same. or course you don't need to and ill still be grateful for the videos
Whenever you hear the IMF enter the story you know shits about to go sideways
Never forget that as Rhodesia, it was a massive powerhouse of Africa. Only starting in the late 70’s and 80’s did it turn into a terribly poor country.
I wonder what happened
@@XxXNOSCOPEURASSXxX Mugabe and his ZANU with Nkomo and his ZAPU happened
Yes but let's show the complete picture.
How does a powerhouse thrive on displacing natives and passing laws that bar them from participating in the economy by demarcating land, separating residences? The answer is RACISM.... The only problem was that it couldn't go on forever... Socialism came and swept native youths away and the cold war came knocking. Who can we blame here... I BLAME THE RACIST GOVERNMENT FOR IT'S FAILURE to include Africans from day 1.
@@GLASSMOSCOWANDBEIJING That’s what happens when you colonize.
@@braxtonjones6163 They literally went bad the second colonizers left them to their own means.
I feel bad for all the people in Zimbabwe that had to suffer because of their corrupt government and their burning all the bridges with all the countries that could sanction them.
Man, I've always been interested in Geography and only in the last year or so have I become interested in politics. Your videos are great , super informative and digestable too. It's all so sad, I really do take for granted where and when I was born.
"we don't have money and everybody hates us"
"Just print more money"
"Genius"
Looking at the timeline of their banknotes on wikipedia is just depressing, man.
Huge fan of your stuff, keep it up!
In Rhodesia people got to eat well work decent jobs and live comfortably, In Zimbabwe people don't get to eat well at all the jobs are in strip Mines and people live in poverty. Very unfortunate
Venezuela: finally, a worthy opponent! Our battle will be legendary!
The decolonization era is basically a shit show of peoples and nations that were kept from power for generations getting power thrust on them overnight without anyone having the qualifications to rule or drive the economy if decolonization was a more slowwer process and the natives were trained to rule and run an economy a lot of chaos would have been avoided and africa would be more democratic
lmao, you don't understand imperialism; how many African leaders got assassinated or couped after independence ...no one wanted a democratic Africa they want one subservient to their economic whims hence why dictators got unlimited support from from the former colonizers.
And if not for colonization and the British empire the islamic countries would still be taking slaves from Africa, as they did for 1200 years, and there was no "trade", unlike the Atlantic slave trade where many African kingdoms became very wealthy selling slaves. Saudi Arabia had slavery until 1965 and once again the Brits basically told them to end it or we will take your oil and you will be nothing sandy sheep shaggers forever.
@@augustopinochet1670 the difference is that in Arabic societies a slave could become king not so much with the British. England and Europe took more slaves off Africa in the span of like 400 years than the Arab Slave trade did I over 1000. Scientific racism sort of existed due to African slavery in the middle east but it was put on steroids by Europeans. Britain fought several wars just to control the slave trade from Africa and only gave it up when it wasn't profitable anymore. They used slave trade repression as a new tool for imperialism as we saw in their annexation of Lagos which began the invasion of modern day Nigeria. So idk why you people keep bringing up the British when they literally used to be the leading slave exporter and then abandon it when it wasn't profitable then used it to justify more imperialism. Like how is that noble? Lolo
@@franzjoseph1837
LOL
Only Hoser can make you laugh at a nation’s tragedy
I lived in Zimbabwe for a couple years before Mugabe decided it was a good idea to shoot it's own leg... bailed faster than the speed of light when I got my first 100000000$ note, imagine years of life saving gone in 2 weeks... it was so bad man.
(The only upside to all this is that I can brag that I was once a Trillionnaire)
"The whites ruled the economy, ruled the country, and ruled the land"
And in return, the blacks lived at least twice as good as any of their African continent neighbors. Apart from that;
Illiteracy? What's that. We don't know what that is. Now food export and zero famines, we definitely know what THAT is. ~Rhodesia
#IMissRhodesia
If I was born in this country, I would try to escape and runaway as if there is no tomorrow
My parents did and that’s why I live in England 😅
Same
this channel teaches me more in 12 minutes than my history teacher does in 2 weeks
I love all the sounds and effects throughout the video
The ending is wrong. Hungary in 1946 had more trillionares than Zimbabwe. The highest denomination note issued was 10^20 pengős = 100 quintillion pengős. Hungary still holds the record for the highest rate of inflation in history. When Hungary abandoned the pengő in favor of the forint (at a conversion rate of 4*10^29 pengő = 1 forint) all the money in circulation in Hungary was worth about a 1/100000 dollars.
Jesus, it's crazy that countries let things reach points like that. How high does the number have to be before the dudes realize yo maybe adding more zeroes isn't fixing things.
@@jamesdulak3108 The thing about hyperinflation is that it goes super fast. Fixing the underlying economic problems that cause hyperinflation or even just taking stopgap measures takes time. And when the rate of inflation is so high that prices are doubling every day, you just end up with really, really high numbers in only a matter of months or even weeks.
more trillions =/= more trillionaires. so the ending is still right i think
Damn that last line is wild