Zimbabwe is on the brink of collapse...as if a brutal dictatorship and Cholera outbreak aren't enough, daily life in the country has reached the point where it requires a bill of this size just to buy basic necessities like bread.
From BBC:
Zimbabwe is introducing a Z$100 trillion note, currently worth about US$30 (£20), state media reports.
Other notes in trillion-dollar denominations of 10, 20 and 50 are also being released to help Zimbabweans cope with hyperinflation.
However, the dollarisation of the economy means that few products are available in the local currency.
On Thursday, the opposition leader said he was still committed to power-sharing intended to rescue the failing economy.
Since September, when the deal was signed, talks have stalled over who should control key ministries.
Movement for Democratic Change (MDC) leader Morgan Tsvangirai said he was due to hold talks with President Robert Mugabe "within this coming week" to try to resolve the political crisis.
He described Mr Mugabe as "part of the problem but also part of the solution".
The latest annual figure for inflation, estimated in July last year, was 231m% - the world's highest.
2 comments:
During WW2 in Germany, one needed a wheelbarrow full of money to buy a loaf of bread. It seems as though one needs a dump truck full now in Zimbabwe. And we thought we have it tough.
It all comes back to a corrput president who is more interested in preserving his own power than saving his people from disease and poverty.
When I read this story of the Physicians for Human Rights (http://www.findingdulcinea.com/news/Africa/2009/jan/Doctors-Condemn-Zimbabwe-s-Leaders-as-Cholera-Death-Toll-Rises.html)
condemning Mugabe ... I'm just at a loss of how there hasn't been more international outrage and action. My aunts were there just when Mugabe lost the election ... it was a scary time, but they were well cared for.
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