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TopicI'm getting rich from wars in 3rd world countries, AMA.
coolguyjimmy
10/16/22 7:09:36 PM
#2:


"Somalia has no structured financial system and does not have portfolio investment financial products in the market. Somalia does not issue government bonds or corporate bonds. There is one private stock exchange operating in Somalia, but the government has no authority to regulate trade in stocks and securities.

Somalias banking system has yet to recover from years of conflict. Moving money into and around the country through traditional banking mechanisms is difficult. The Somali shilling lacks legitimacy, as it has not been printed since 1991 and more than 98 percent of the bills in circulation are counterfeit, printed by warlords and rogue businessmen. "

-- https://www.state.gov/reports/2021-investment-climate-statements/somalia/
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