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Only In Zimbabwe
The Mugabe (mis)government has come up with a novel solution to inflation:
Official sources said the recent 150 percent pay rise for soldiers, teachers, policemen and nurses had put a strain on money supply.
Reserve Bank officials told IRIN that plans to print about Zim$60 trillion (about US$592.9 million) were briefly delayed after the government failed to secure foreign currency to buy ink and special paper for printing money.
Brings a whole new meaning to the phrase "not worth the paper it's printed on."
This whole article almost reads like something from the Onion, it seems so absurd, but it seems to be a real story. Has any nation in recent history declined so far as the current Zimbabwe has from the Rhodesia of the sixties, then one of the richest nations on the African continent?
Posted by Rand Simberg at May 30, 2006 09:27 AM
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Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded -- here and there, now and then -- are the work of an extremely small minority, frequently despised, often condemned, and almost always opposed by all right-thinking people. Whenever this tiny minority is kept from creating, or (as sometimes happens) is driven out of a society, the people then slip back into abject poverty. This is known as "bad luck."
-- Robert A. Heinlein
Posted by Mike G in Corvallis at May 30, 2006 10:54 AM
The only country who's economy is in worse shape than Zimbabwe is the United States of America.
And I have several years of reporting from ABC, NBC and CBS to prove it. MSNBC, CNN, and Al Franken have also enlightened me, as have most of the Democrat members of both houses of Congress.
In the face of all this information, someone please tell me why I shouldn't move to Harare?
Posted by Steve at May 30, 2006 11:22 AM
Steve: "In the face of all this information, someone please tell me why I shouldn't move to Harare?"
No soft ice cream? ;-p
Posted by Barbara Skolaut at May 30, 2006 12:38 PM
Some people would rather everybody be equal in a mudhole than 80% living in the heavens and the other 20 somewhere in between.
Eglatarianism taken to its insane extreme. Jealousy and envy more oftimes destroy the bearer than the target.
Posted by Mike Puckett at May 30, 2006 12:54 PM
And all for the want of a nail, the kingdom was lost.
Said nail should have been applied at trans-sonic speed, directly to anywhere on Bob's person that would induce immediate expiration.
And then another half-dozen, just to make sure - covered in garlic.
Posted by Tony (UK) at May 30, 2006 06:02 PM
Good point Tony.
Naploean Mugabe isn't living in the mud. Just goes to show that some Animals are more equal than others, way more in his case.
Posted by Mike Puckett at May 30, 2006 06:41 PM
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