Rhodesian Economy Faces Unsure Future

Rhodesian Economy Faces Unsure Future
February 27, 1967
February 1967
Salisbury, Rhodesia
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But Sanctions, Inflationary Threat Not Enough to Topple Smith Regime at Present - Sanctions are beginning to depress the economy of Rhodesia but not enough to bring the government down or change its policies in the foreseeable future. Now, two months after the United Nations joined Britain in imposing sanctions on Rhodesian exports, the strains on the economy still cause no real hardship to the average white Rhodesian. Some businessmen and financiers are uneasy about the future - they see the potential of runaway inflation - but only when they look several years ahead. This means that, for some time to come, the government of Prime Minister Ian D. Smith can continue to defy Britain and the United Nations with almost the solid backing of white Rhodesians. Beyond that, nothing is clear...
But Sanctions, Inflationary Threat Not Enough to Topple Smith Regime at Present - Sanctions are beginning to depress the economy of Rhodesia but not enough to bring the government down or change its policies in the foreseeable future. Now, two months after the United Nations joined Britain in imposing sanctions on Rhodesian exports, the strains on the economy still cause no real hardship to the average white Rhodesian. Some businessmen and financiers are uneasy about the future - they see the potential of runaway inflation - but only when they look several years ahead. This means that, for some time to come, the government of Prime Minister Ian D. Smith can continue to defy Britain and the United Nations with almost the solid backing of white Rhodesians. Beyond that, nothing is clear...
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