Zimbabwe inflation reaches.....wait for it....2,200%!! [Archive] - MensTennisForums.com

Zimbabwe inflation reaches.....wait for it....2,200%!!

sharpeirob
04-27-2007, 08:53 AM
Inflation in Zimbabwe reached a record 2,200% in March amid a deepening economic and political crisis in the southern African country. Both food and non-food contributed to the year-on-year inflation rate, said central bank Governor Gideon Gono.
The March data had been due for release earlier this month but had been delayed, fanning fears of further crippling price rises.
Mr Gono said secured interest rates would rise to 600%, up from 500%.
He said the Zimbabwean currency would remain at the existing exchange rate of 250 to the US dollar but offered a new rate for central bank purchases of foreign currency to help build a new "drought stabilisation fund".
Exporters claim their businesses have been devastated by this skewed exchange rate.
Inflation hit 1,730% in February, the highest in the world.


I know most of you dont care but my country is dying :sobbing:

To put it in perspective the UK's inflation was to 3.1% which in itself caused the bank of england problems.

Jim Jones
04-27-2007, 12:51 PM
Sorry but I won't shed any tears. Your nation does not want to get rid of Mugabe because he is considered the father of the nation. Your neighbors such as South Africa also don't want to get rid of him because he is a so called black natonalist, never mind that he is a racist which South Africa is supposed to codemn. I guess then things will only get better once Mugabe dies.

Byrd
04-27-2007, 01:04 PM
What do you expect with such a Tyrant in charge, it was inevitable.

sharpeirob
04-27-2007, 01:18 PM
Sorry but I won't shed any tears. Your nation does not want to get rid of Mugabe because he is considered the father of the nation. Your neighbors such as South Africa also don't want to get rid of him because he is a so called black natonalist, never mind that he is a racist which South Africa is supposed to codemn. I guess then things will only get better once Mugabe dies.

That is such rubbish when I was there everyone wants him out :retard:

But people are too scared to speak out because they will get attacked, like Morgan Tsangarai did. Mugabe thought it would be kept secret but the cameraman who smuggled out the footaged got murdered. Everyone hates Mugabe

NyGeL
04-27-2007, 03:31 PM
the only solution is revolution :)

Black Adam
04-27-2007, 04:29 PM
Sorry but I won't shed any tears. Your nation does not want to get rid of Mugabe because he is considered the father of the nation. Your neighbors such as South Africa also don't want to get rid of him because he is a so called black natonalist, never mind that he is a racist which South Africa is supposed to codemn. I guess then things will only get better once Mugabe dies.
These are the biggest assholes in the region. They could shut Mugabe down by stoping donating free Electricity to Zimbabwe. Anyways they will pay in a way they least suspect it. Fifa won't allow a World Cup to be hosted in a country with such a neighbour. If the Australians manage stealing the World Cup from them, then I say AYE!! Will teach them to be careful with their international policies. Will be pretty sad for Mandela but hey, they have to grow up those South Africans.

BTW way Zimbabwean are resisting but with external Military aid and an organised revolution, there is no hope.