Opinion / Columnist
Bond notes are Z$ 'skunk' and RBZ Mangudya is a 'fence post tortoise' says Yamamoto
10 May 2016 at 18:12hrs | Views
"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 all the generous RBZ governor's salary and gravy train lifestyle a village idiot would allow himself to be the helpless and hapless fence post tortoise but surely not someone with any common sense much less an intellectual! And yet the facts speak for themselves, Dr Mangudya is RBZ governor, 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.
"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.
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 all the generous RBZ governor's salary and gravy train lifestyle a village idiot would allow himself to be the helpless and hapless fence post tortoise but surely not someone with any common sense much less an intellectual! And yet the facts speak for themselves, Dr Mangudya is RBZ governor, 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.
Source - Wilbert Mukori
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