Zimbabwe’s Powell

Bloomberg has a new podcast series on Africa, which is highly appropriate. Africa is where the world is changing for the better. Africa is the future.

This short feature is about Zimbabwe’s new central bank head, and his new attempt at a stable currency. The new unit is firmly tied to gold. Too soon to tell for sure, but the local stock market seems to be confident that it will succeed. The new Zimbabwe Gold is growing stronger against the dollar in foreign exchange.

Our media treats Zimbabwe as a basket case mired in total war and poverty, unlike our Golden City On A Hill. Googlemap tells the truth as usual.

Downtown Harare looks like this. I “drove” around several streets, and all are the same. Modern clean buildings, lots of modern cars, perfect pavement.

Downtown Spokane looks like this. Here I know it’s typical; I’m not just relying on Google. Modern buildings, some modern cars, crappy pavement.

Who’s the third world?