Ghana will purchase oil with Gold: Ghana is experiencing an unprecedented crisis marked by debt distress, currency depreciation and depletion of foreign exchange reserves. In such a scenario, Ghana’s government has decided to take a step against the prevalence of US dollars and it’s taking inspiration from Zimbabwe’s experience. Zimbabwe did the same thing in July and it looks like many African countries will follow suit.
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (20)
sorted by:
It helps that Zimbabwe has a thriving gold mining industry.
I had an Uber driver from Africa last year. He said "We don't have this Covid problem in Africa" and I told him it's because their medical industries aren't corrupted like in the US. He agreed, then I informed him that the inventor of the PCR test said the test was not reliable for detecting a virus. The man was grateful I informed him of that because he was based.
Brilliant. Here, have an updoot...