"In the US, we have a totally new school, and it’s called the Zimbabwe school. And it’s founded by one of the great leaders of this world, Mr Robert Mugabe, that has managed to totally impoverish his own country. And that is the monetary policy the US is pursuing." MARC FABER ON CNBC
Robert Mugabe is an African dictator mostly known for his costly intervention in the Second Congo War and the expropriation of thousands of white-owned farms, printing hundreds of trillions of Zimbabwean dollars triggering hyperinflation creating total economic chaos with food and oil shortages and with massive internal displacement and emigration.
The Zimbabwe school is the Dr. Doom new designation of the politics of the US Federal Reserve.
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