Monthly archive
February 2010 (1)August 2009 (1)
June 2009 (1)
May 2009 (2)
April 2009 (1)
March 2009 (1)
February 2009 (3)
January 2009 (8)
December 2008 (7)
November 2008 (16)
October 2008 (83)
September 2008 (23)
African dictatorship Republic of Zimbabwe lead by president Robert Mugabe is facing economic problems of enormous proportions. The inflation in Zimbabwe rose from an annual rate of 32% in 1998 to an estimated high of 11 200 000 % in July 2008, according to CNN. No you didn't misread, 11.2 million percent. To put this in a perspective, the Swedish annual inflation is approximately 2 %. The galloping inflation forced Zimbabwe's central bank to introduce a 100 billion dollar note. Further more CNN states that the price of a loaf of bread in the country, in February 2008, was less than 200 000 Zimbabwe dollars. In August 2008, the same loaf of bread cost astonishing 1.6 trillion Zimbabwe dollars. The photography was uploaded to Flickr and depicts the new 100 billion dollar bill.
Posted by Christofer Eliasson on October 31 2008 on Business - Economics.
Tags: Zimbabwe Inflation 100 Billion Dollar Bill
2 comments. If you liked this post you can share and bookmark it.
Tags: Zimbabwe Inflation 100 Billion Dollar Bill
2 comments. If you liked this post you can share and bookmark it.
August 2009 (1)
June 2009 (1)
May 2009 (2)
April 2009 (1)
March 2009 (1)
February 2009 (3)
January 2009 (8)
December 2008 (7)
November 2008 (16)
October 2008 (83)
September 2008 (23)
Random tags
Brighton Sounds Biology Poster Provocative Not With Monty Sci-fi Game Documentary Test Earth Blog Have Mp3 2008 Wallpaper Space Prank Help Day Vienna Google Zhaw Harley Collection Open George Reveal Nakheel Names Zurich Flash Dog Buildings Mac Star Bang Dolk Soccer Greatest Burj Satellites Nerdy Itunes Children Simulation Design PolyphonyAdvertisment
Search
10 most popular
30 gorgeous Apple/Mac wallpapers100 gorgeous designer wallpapers part 1
50 sweet music wallpapers
100 gorgeous designer wallpapers part 2
70 gorgeous game wallpapers
30 more gorgeous Apple/Mac wallpapers
40 gorgeous space wallpapers
11 people with extraordinary abilities
Simply the Best
30 more gorgeous space wallpapers
Suggestions?
Email usRSS feed
Bookmark
Follow us
We like
Another Limited RebellionCool Infographics
Cool Things
Cult of Mac
FatCap
Hongkiat
Just Creative Design
Meandmydesigns
Six Revisions
Smasching Apps
Speckyboy
The Cool Hunter
The Inquisitr
Vandelay Website Design
Visual Think Map
Weird Resources