Zimbabwe will be introducing a new banknote tomorrow worth Z$100 billion and Zimbabweans are already saying that the note is worthless. Inflation has officially exceeded 2,200,000% and economists say the real rate is many times higher. (Figures from BBC News)
I am sure I am not alone in not being able to comprehend all those figures. I was complaining yesterday when the cost of a loaf of bread went up 10p. I am not going to start and work out what the weekly inflation rate is in Zimbabwe.
This country was the bread basket of Africa; now you need billions of dollars to buy a bread basket. Robert Mugabe has stated he will go in God's time. As I have stated here before, I will be very happy to speed the process up. If you are not being persecuted, tortured or murdered, you can't afford to live. Will Pres. Thabo Mbeki of South Africa act and do what is necessary to force change? I think you will have to spend billions of dollars to get someone to catch the pig flying outside your window.
Sunday, July 20, 2008
The ongoing crisis in Zimbabwe
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3 comments:
How about a bill to say no more government "aid" to Africa until Africa gets rid of Mugabe?
Andrew: Unfortunately, this deal will now add legitimacy to Mugabe and there will be nothing we can do.
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