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Tag: zimbabwe

Bailouts End Here

The end result of quantitative easing (governments printing money to pay their bills):

Lots of money. Nothing to buy.

 

100 Billion dollars. Three eggs. Go Keynes!

In 1980, the Zimbabwe dollar was worth more than the US dollar. In 2009 Mugabe’s government printed notes with a face value of 100 trillion dollars. At that time they were worth about $300 US. Shortly after that, Zimbabwe abandoned its own currency. Zim dollars were worth less than toilet paper, so that is what people used them for.

That is the end point of excessive government spending; an economy down the toilet.

AIDS Success in Zimbabwe – Another Unsurprising Surprise

Given the demonisation of the Catholic Church’s position on the use of condoms, you might be excused for thinking that the science was settled: promotion of condom use is the most effective method of reducing HIV infection.

In fact, as the UN’s own study showed, condom promotion has never been effective in preventing AIDS. See Broken Promises: How the AIDS Establishment has Betrayed the Developing World.

Yet infection rates in Zimbabwe halved from 1997 to 2007.

You would think that this remarkable success would have been shouted from the rooftops, and proven ineffective condom promotion dropped in favour of something that really works.

But remember we live in a world where ideology is more important than fact, and seeming to do good is more important than actually doing it.

So what is Zimbabwe’s secret? Well, no secret at all, really. Just what the Church has said from the beginning. Change your behaviour. Abstain from sex or be faithful to one partner.

Just don’t look for this to become UN policy in a hurry. A UN report published at the beginning of June called for comprehensive state sponsored sex education, including use of condoms, for children from age ten, as a method of reducing AIDS infection rates.

If adopted, that policy will achieve just the opposite.

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