Somaliland: Why does a country so poor that it only has money to make a living by selling money from stalls?

> > Can you believe it? There are actually unrecognized countries in the world. Here, everyone is a rich man worth hundreds of billions of dollars. Even if 1 million is thrown on the ground, no one will take a second look. However, it is such a "rich" country. , but there is no decent road on the street. The streets and alleys are full of rubbish. Many people do not have enough food and clothing. The family is so poor that only money is left. The question is, everyone here makes a living by setting up stalls and selling money. What have they experienced? >

Somaliland is a country that cannot be found on the map. It has been under British colonial rule for a long time and has been suffering from war. It did not declare independence until May 1991, but it has not been recognized internationally. It is an extremely backward economy in the world. One of the largest countries in the world, with a population of only more than 3 million, the education industry is very backward, but it has truly achieved "regarding money as dung", using money to build a bed when sleeping, and the first thing to do when opening your eyes is to count money, even The toys that children usually play with are basically folded out of money. Unexpectedly, in the capital of Somaliland, there is an open-air banknote market. It is said that this is the only banknote market in the world. People’s daily work is Pushing the family's money to set up a stall here, some people may ask, why did you sell the money? How do they trade? Let's look down.

do you know? Somalilanders set up stalls and sell money for a living. Is the "money" in their hands worthless? What will others buy? Let’s first talk about why people here set up stalls to sell money. You must know that Somaliland has been affected by war for a long time, coupled with factors such as geographical location and natural disasters, resulting in rising prices and extreme shortages of daily necessities. The most important point is that the country of Somaliland is not recognized, and the currency can only be circulated locally. A lot of money printing makes the currency even more worthless. Even if they have a lot of money at home, their lives are still poor and they can’t buy it. want something.

Therefore, the local people can only sell money by setting up stalls. It is not so much selling money as exchange. Whether it is euro, dollar or renminbi, they can exchange any currency that can be circulated in the market. It is worth mentioning that , the bank cashier here can be said to be the safest and easiest profession in the cash transportation industry. Pushing a car without any shelter on the street, people passing by will not even look at you. The people of Somaliland are poor. only money left.

However, the annual income of a country is not as good as that of a slightly famous listed company. When it comes to this, some people must think of Zimbabwe. Almost all people in these two countries are billionaires, and one is enigmatic in cough syrup. , one can only make a living by selling money, but the situation of Somaliland is very embarrassing, a country that is not recognized internationally, does it still have a future? What is their status? Let's look down.

Have you heard of Somalia, famous for its pirates? Although there is only one word difference with Somaliland, they are inextricably linked. What is their relationship? How did Somaliland come to this embarrassing situation? When it comes to Somaliland, many people will compare it with Somalia. In fact, Somalia and Somaliland were indeed a nest many years ago.

But in 1991, a serious civil war broke out in Somalia. Five continents took advantage of the fire and declared their independence, which is now called Somaliland. The local government, immersed in the joy of independence, designed the national flag for 3 days and 3 nights. The most embarrassing thing about issuing currency is that only Somalia is recognized internationally. As a result, the local currency is in an embarrassing situation. In addition, Somaliland is always fighting against Somalia. Somaliland, which has been plagued by civil war, has many infrastructures. Both were destroyed, and economically, they were always on the verge of collapse, and in 2000, 5,000 shillings were worth a dollar.

But in 2017, it took 9,000 shillings to exchange for one dollar, which led to the local people who wanted to buy a sheep, they had to spend millions of shillings, just go out to buy a cabbage, but also carry a sack on their back. The locals who went out with the sacks in their carts designed a unique payment system to realize mobile mobile payment, but after a while, they found that the money was getting less and less, and it was all earned by the mobile payment company. They have to go back to their sack-resistant life. Somaliland people are really ill-fated. What do you think about that? Welcome to leave a message in the comment area below, see you next time!