Malaysia Matters Podcast

Malaysia has a chance to help Zimbabwe.

Well, help might not exactly be the right word. 

The Mugabe government, under an inflationary crisis, is rapidly running out of paper. And what does a dictator seek to do after he has over-printed his money beyond any value?

Well he seeks to print more money, of course. After all, the guys with the guns who have your back only will be there so long as the paychecks don’t run out.

So how does this involve Malaysia?

Well, since it appears that his current source of banknote paper (Germany) is likely to dry up as a result of sanctions against his government, Mugabe is looking to Malaysia and Indonesia to replenish his supply.  And, since neither country has taken the same posture as the EU regarding Zimbabwe, this may be only the first of a many orders that Mugabe might like to place with the Asia-Pacific nation(s).

Now a word to the wise: Mugabe doesn’t seem like a very good credit risk these days, and it doesn’t seem like the best bet taking a check from him either.  But, if you do decide to do business with him, for Heaven’s sake, don’t take his cash. Where will you put it all?