Saturday, November 8, 2008

Chronicles Of Depression 2.0: #373: Zimbabwe

This is tragic. Weimar Germany redux.

What the real crisis is like!
If you think that the current economic crisis is something that has never happened in history before, you may be wrong! After the collapse of the agriculture sector in Zimbabwe in 2000, the inflation in that country skyrocketed to 231 million percent a year! Just think about it - 231 000 000%! Unemployment went up to 80% and a third of country’s population left it.

Emphasis added by me.

Go look at the many pictures. One hundred billion dollars buys three eggs!

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