Posts Tagged ‘zimbabwe’

Zimbabwe again…

January 17, 2009

Zimbabwe just issued a 100 TRILLION dollar note today, worth about $33 US.

Prices are doubling every day and food and fuel are in short supply. A cholera epidemic has killed more than 2,000 people and a deadlock between President Robert Mugabe and the opposition has put hopes of ending the crisis on hold.

Positive action from Bobby boy there. Talk about being in denial.

$500 Million

December 19, 2008

Zimbabwe issued a 500 Million dollar note today, worth about $50 US.
Why?
Why not just revalue the currency instead of letting it go nuts like that.
Mugabe has got to go and the sooner, the better.