When one makes investment decisions, in particular, international investments, “country risk” is near the top of the list of priorities to consider. In other words, how friendly is the jurisdiction to foreign investment capital? How safe would your money be there? It’s not enough just to find good companies. You also need to figure out if the government is likely to do something to damage the economy or otherwise reduce the value of your investment.
Robert Mugabe of Zimbabwe did a great job of ruining his nation’s economy. He confiscated land from white farmers who were highly successful and redistributed it to blacks who were not prepared to run those farms. The result was economic disaster. And recall the hyper-inflation that ensued. To sum it up, he made life worse for most everyone.
Unfortunately, Mr. Mugabe is not the only one who is capable of destroying his nation’s economy. In fact, the same thing is being repeated in another nation with, predictably, the same results.
More on this disaster on page two.
What are they going to do with the land build a ghetto?
Our government takes land all the time , new rail line?? Bye bye house, new highway?? Bye bye land…your property is yours until the government wants it…
Then go to Europe to rob and steal there. Europe deport their people back before they kill you’ll. Scary.
Racists bigots terrorists criminals politicians
Sure.
dear flash, 2 wrong don’t always make a plus
would you feel comfortable living on an Indian reservation now?
Sounds like kapernick
Go back to your Shithole Kunta!
Remember back when Africa did the same thing killed hundreds but they never want you to.