Chinese 419er punts a whopping $8

Good news really

There I was, thinking that my dollars are only worth half as much as when I emigrated to the US a couple of years ago, while gasoline has quadrupled in price. Apparently dollars are still worth something in China.

@ greybeard

Only until tomorrow.

Micro 419-ing

Perhaps he saw how that guy made loads of money scamming micropayments, and has ingeniously applied the idea to his own field of expertise.

ZWD?

If he is a Zimbabwean dissident of Chinese origin, assuming he had stashed in his account 240,000,000 ZWD pre 2005 (worth 8000 US dollars). In October 2005 the currency was devalued by a factor of 1000, making his stash worth 240,000 ZWD but given the official exchange rate is 1 USD to 30,000 ZWD , real exchange rate of about 1 USD to 600,000, an inflation rate of 1,000,000% ( so 1000 ZWD will be worth 1ZWD in a year), a planned further 3 zero revaulation of the currency (deduction of 3 zeros from all savings) this year, and the central bank survives by printing money to cover costs ( estimates at 170 trillion ZWD a week ). As a result, the poor fellow's bank balance has gone from 240,000,000 ZWD to 240,000 ZWD , to 240 ZWD, and is worth less than the paper the bank statement is printed on. With no way of converting that amount to USD ( 0.0003 today, 0.000000007 tomorrow), $8 seems a decent guess!

Paris Hilton coz only she could be a logical ( and excusable) reason for your bank balance to decrease by a factor of 1000 overnight....

@greybeard, Re: it's all relative

There might be a lot of zeros when expressed as ZIM$ but that doesn't make it a fortune, not even a small one.

On the other hand I'm just waiting for US$ to go the same route. Fortunately the shrub only has seven more months to fsck up this country more than he and Cheney already have. If McCain wins I'm moving to Canada.

Optimism

Well, if they sent it to 800 million recipients, they could get a few $$.

Let's forward the email to all our friends, family and colleagues, and help them out a bit.

Paris, cos she knows how to spread the love.

419teacher says

... not bad for a first attempt, but reeally must try harder.

Canada, eh?

You had better check who's running the show here before you pack your bags.

in canada you say?

AC - "If McCain wins I'm moving to Canada."

And if Obamaramasama wins we will just have to close the borders. No oil for you!

Maybe our spineless sycophants will even legalize non-big-pharma drugs once we break free of the US stranglehold? (yeah right)

AC since I know there are Americans running around with guns.

Missing Millions

Now we see a perfect example of how Millions go Missing in the

w -- Oops, Banking World.

"$8" must be a typo....

....in fact it's the Wong number.....

it's been a long day....

Great Offer

I had a very similar offer recently, as well as being offered a cut of $8 USD, (10% IIRC) I was assured it was entirely "Rick Free".

Which disappointed my friend Rick no end.

Sad

Sad , must have been a foreign out worker for that already forgotten failed infamous Wall Street Wank , whose shares were worth a mere $0.01 cent in the dollar in real terms as unsecured creditors but were paid a travesty of $10 for each one in real cash , now who be the thieves pirates and 419er's then ?

One could say quite literally all its former stockholders from the chairman down are no better then your average street 419er when push comes to shove !

Definitions are in the eye of the beholder , for we tend to forget the average weekly wage for a Chinese Mainland Farm worker and factory worker after deductions is that princely sum of money mentioned and to many in China that is a small fortune !

@pctechxp

Sorry, my friend Zimbabwe's infaltion isn't at 1000% anymore, in fact it has been above 1,000,000% for almost a month now.

"it's the Wong number"

Ouch.

We took that one on the Chin.

I'll need my coat, I'm going to have to Nip out.