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Zimbabwe inflation hits 3,713.9 percent
Reuters ^ | 5/17/07 | Chris Chinaka

Posted on 05/17/2007 11:57:59 AM PDT by Redmen4ever

HARARE (Reuters) - Zimbabwe's annual inflation jumped to a record 3,700 percent in April in a stark sign of the economic turmoil blamed on government policies that has left four in five people jobless.


TOPICS: Business/Economy
KEYWORDS: inflation; zimbabwe
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3,700 percent inflation AND 80 unemployment ... could it get any worse?
1 posted on 05/17/2007 11:58:01 AM PDT by Redmen4ever
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To: Redmen4ever

In other news, the Zimbabwean stock market hit new all-time highs today.


2 posted on 05/17/2007 11:58:46 AM PDT by coloradan (Failing to protect the liberties of your enemies establishes precedents that will reach to yourself.)
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To: Redmen4ever

Yup, now they get to run the UN human rights committee.


3 posted on 05/17/2007 11:59:25 AM PDT by edcoil (Reality doesn't say much - doesn't need too)
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To: Redmen4ever

Coming soon to a neo-communist country in your hemisphere...


4 posted on 05/17/2007 12:00:13 PM PDT by MrB (You can't reason people out of a position that they didn't use reason to get into in the first place)
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To: edcoil

Yup, those knuckleheads at the UN picked Zimbabwe to oversee some worthless commission on economic growth (LOL).

That organization is a complete farce, not a single cent of US taxpayer money should be wasted on that anti-semitic, anti-US, anti-freedom cesspool.

They should pare the UN down to the US, Britain, China, and USSR and tell the rest to go pound sand.


5 posted on 05/17/2007 12:01:50 PM PDT by GuineaRabbit
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To: Redmen4ever

Right now, someone is preparing a report on the success of economic equalization in Zimbabwe. When everyone has nothing, there is no gap between rich and poor!


6 posted on 05/17/2007 12:02:19 PM PDT by AntiFed
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To: Redmen4ever

Not so bad if you have a job and want to get a 30 year fixed rate mortgage.


7 posted on 05/17/2007 12:02:33 PM PDT by trumandogz
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To: MrB
Coming soon to a neo-communist country in your hemisphere...

It came a while ago:

Farms Are Latest Target In Venezuelan Upheaval

http://www.freerepublic.com/focus/f-news/1835041/posts

8 posted on 05/17/2007 12:02:41 PM PDT by CarrotAndStick (The articles posted by me needn't necessarily reflect my opinion.)
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To: Redmen4ever
Zimbabwe was recently selected to lead the U.N. Commission on Sustainable Development.

It figures.

9 posted on 05/17/2007 12:02:54 PM PDT by Mike Bates (Irish Alzheimer's victim: I only remember the grudges.)
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To: Redmen4ever

Yes. They could be dead. But Mugabe and his cronies are probably working on that as well...


10 posted on 05/17/2007 12:03:25 PM PDT by Little Ray (Rudy Guiliani: if his wives can't trust him, why should we?)
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To: Redmen4ever

So when this is over, does Mugabe end up teaching at Yale, NYU or Harvard?


11 posted on 05/17/2007 12:04:48 PM PDT by pikachu (Take advantage of Global Warming by purchasing Ocean view property in Denver today!)
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To: trumandogz

Ha - you could pay it off in a week.


12 posted on 05/17/2007 12:05:48 PM PDT by July 4th (A vacant lot cancelled out my vote for Bush.)
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To: GuineaRabbit

“They should pare the UN down to the US, Britain, China, and USSR and tell the rest to go pound sand.”

Actually the USSR doesn’t exist anymore...Russia?


13 posted on 05/17/2007 12:06:08 PM PDT by Castigar
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To: July 4th

Yes, but you would have to live in Zimbabwe.


14 posted on 05/17/2007 12:07:05 PM PDT by trumandogz
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To: Redmen4ever
3,700 percent inflation AND 80 unemployment ...

That could be the state of the US economy in 2012 with continued Democrat control of Congress and Hillary Clinton in the White House.

15 posted on 05/17/2007 12:08:32 PM PDT by The Great RJ ("Mir we bleiwen wat mir sin" or "We want to remain what we are." ..Luxembourg motto)
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To: Redmen4ever

Gotta ask this one..........Does anyone really care?


16 posted on 05/17/2007 12:11:00 PM PDT by RC2
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To: CarrotAndStick

Yeah, just read that in the WSJ this morning.

My thoughts were: What excuse will American leftists come up with for the failure of Socialism in Venezuela, if they even acknowledge it at all?


17 posted on 05/17/2007 12:11:28 PM PDT by MrB (You can't reason people out of a position that they didn't use reason to get into in the first place)
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To: Redmen4ever

It’s time for Bobby Mugabe to have an unfortunate shaving accident courtesy of Dave Barry’s Department of Two Guys Named Victor.


18 posted on 05/17/2007 12:17:39 PM PDT by Freedom_no_exceptions (No actual, intended, or imminent victim = no crime. No exceptions.)
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To: Redmen4ever
3,700 percent inflation AND 80 unemployment ... could it get any worse?

Sure! How about that Zimbabwe was just selected to head the UN Commission on Sustainable Development. That way, they can take Mugabe's uccessful economic ideas on the road!

19 posted on 05/17/2007 12:18:28 PM PDT by LexBaird (98% satisfaction guaranteed. There's just no pleasing some people.)
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To: trumandogz
Not so bad if you have a job and want to get a 30 year fixed rate mortgage.

On the other hand, you would need a second mortgage to buy a loaf of bread.

20 posted on 05/17/2007 12:19:59 PM PDT by LexBaird (98% satisfaction guaranteed. There's just no pleasing some people.)
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