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Become A Billionaire Zimbabwe Style
NationalEconomist.com ^

Posted on 05/31/2008 11:38:47 PM PDT by drbasketball

At the present rate of depreciation, the Zimbabwe dollar will hit a billion to one US dollar within the next day or so.

Try looking at the numbers: US$1 = Z$1 000 000 000. But remember that Zimbabwe slashed three zeros off the currency in August 2006, so based on the pre-2006 Zimbabawe dollar, the numbers are even worse: US$1 = Z$1 000 000 000 000...

(Excerpt) Read more at nationaleconomist.com ...


TOPICS: Business/Economy; Government; Weird Stuff
KEYWORDS: africa; billionaires; zimbabwe

1 posted on 05/31/2008 11:38:47 PM PDT by drbasketball
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To: drbasketball

I wonder what $100 would get you in Zimbabwe...


2 posted on 05/31/2008 11:53:35 PM PDT by wastedyears (Like a bat outta Hell.)
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To: wastedyears

Killed.


3 posted on 06/01/2008 12:40:22 AM PDT by Ronin (Is there some PC rule on FR that says that when an evil man gets sick, we must pretend he was saint?)
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To: drbasketball

How are the “economic stimulus” payments much different than Mugabe’s million dollar bills, I wonder?


4 posted on 06/01/2008 2:34:19 AM PDT by mvpel (Michael Pelletier)
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