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Zimbabwe devalues currency; 10B becomes 1 dollar

Discussion in 'Political Discussion' started by Real World, Jul 30, 2008.

  1. Real World

    Real World Moderator Staff Member

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    The figures are so tragic that you really can't do anything but laugh in dismay. WTF is going on there?

    Zimbabwe devalues currency; 10B becomes 1 dollar

    By ANGUS SHAW
    Associated Press Writer

    HARARE, Zimbabwe - Zimbabwe will drop 10 zeros from its hyper-inflated currency - turning 10 billion dollars into one - the country's reserve bank said Wednesday. President Robert Mugabe threatened a state of emergency if businesses profiteer from the country's economic and political unraveling.
    Shop shelves are empty and there are chronic shortages of everything including medication, food, fuel, power and water. Eighty percent of the work force is unemployed and many who do have jobs don't earn enough to pay for bus fare.


     
  2. Patters

    Patters Moderator Staff Member PatsFans.com Supporter

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    On the bright side, everyone in Zimbabwe is now a millionaire, even a billionaire!
     
    Last edited: Jul 30, 2008
  3. wistahpatsfan

    wistahpatsfan Pro Bowl Player

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    #75 Jersey

    Too bad they're not white and don't have oil...then we could save them from their brutal dictator and bring democracy and MTV to them....
     
  4. Harry Boy

    Harry Boy Look Up, It's Amazing PatsFans.com Supporter

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    Who's white and has oil---:confused:
     
  5. reflexblue

    reflexblue PatsFans.com Supporter PatsFans.com Supporter

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    #91 Jersey

    Reading the thread title brought back the memory of some Mexican counterfiters last year. They tried to cash a million dollar bill at a seven eleven in Texas. Even in Texas they become a little suspecious when you buy a coke, bic pen, and a comb with a Million dollar bill.
     
    Last edited: Aug 2, 2008
  6. Bostonian1962

    Bostonian1962 In the Starting Line-Up

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    Wow, that' sunbelieveable!
     
  7. wistahpatsfan

    wistahpatsfan Pro Bowl Player

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    #75 Jersey

    Mugabe has single-handedly destroyed one of Africa's most beautiful countries. He had such a gfeat opportunity when he took over there. He even had Bob Marley snowed...
     

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