Zimbabwe’s Sunk To Armed Robbery For Loaves Of Bread

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Bad economics will out you know. Adam Smith was right, there’s an awful lot of ruin in a country. But not an unlimited amount. As this shows:

So scarce is bread that 500 loaves were stolen in an armed heist last week from a delivery truck in Harare.

Armed robbers are stealing the bread.

Turns out that taking all the productive assets from people competent to produce with them and handing the goodies over to political favourites doesn’t work. Who could have guessed?

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