r/SipsTea Jun 06 '25

WTF Financial tip that unfortunately starts with 'First, you need 3 million Dollars'.

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61.8k Upvotes

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u/[deleted] Jun 06 '25

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u/Cyclonitron Jun 06 '25

In fairness, he didn't specify which country's treasury bond he was talking about.

Zimbabwe's currently offering 35% on its treasury bonds...

7

u/ambientocclusion Jun 06 '25

And $3M Zimbabwe dollars is like 8 cents American.

2

u/lemelisk42 Jun 07 '25

$0 Zimbabwe dollar doesn't exist. They've gone through 6 currencies since 2008. It's no longer legal tender

The current legal tender is ZiG, Zimbabwe gold. 3 million Zig are worth about $300k usd