NO, this is NOT a new Nigerian scam....

[RC45]

Zimbabwe issues $100 billion bill
July 22: Zimbabwe issues a $100 billion bill as it endures the world's highest inflation rate.

http://edition.cnn.com/2008/WORLD/af...tes/index.html

LOL , Poor bastards hehe - then again, we did try to overthrow Mugabe decades ago, but the "west" wouldn't let us do it

Todays exchange rate was about Zim$800,000,000.00 to $1USD

[Apac102]

If I wanted a snickers bar, that would cost me...oooooooh...lets see. carry the one. Yeah, it would cost me 1,600,000,000.00. Thats one tasty snickers bar!

[philip]

Gee, I remember when Rhodesia had the highest standard of living in Africa. They were a net exporter of food and helped feed the rest of Africa.

World pressure caused the leaders of Rhodesia to peacefully turn over the country to the people, so it could be a free and democratic society.

With the backing and support of the world's religous orginizations Mugabi was elected President.

Well I guess that has worked out well for everyone.

[RC45]

Originally Posted by philip Gee, I remember when Rodesia had the highest standard of living in Africa. They were a net exporter of food and helped feed the rest of Africa. World pressure caused the leaders of Rodesia to peacefully turn over the country to the people, so it could be a free and democratic society. With the backing and support of the world's religous orginizations Mugabi was elected President. Well I guess that has worked out well for everyone.

I wouldnt go so far as to say "the highest standard of living", although Ian Smith's Rhodesia was the only other equivalent to South Africa at the time

[styla21]

I am absolutely stunned how Zimbabwe is being allowed to continue in its current political sham state.. The entire world observed its recent fraudulent election process, yet did -nothing-. Why? How?...

A one-billion dollar note in Zimbabwe...... Doesn't contain enough value to even purchase a loaf of bread. Just 4 oranges.

[RC45]

^^ I think the reason it is allowed to continue is that Mugabe has wealth squirreled away in the west still...

[Mattk]

^Mugabe can keep all his wealth in Zimbabwe seeing as he pretty much owns the place anyway. His influence in Africa is too much to handle for international organisations (like the UN) who have non-interventionalist policies. They are not a threat to anyone but themselves, so George Bush won't invade.

we did try to overthrow Mugabe decades ago, but the "west" wouldn't let us do it

And then you guys got Thabo Mbeki, and nothing will happen now!

[RC45]

Originally Posted by Mattk ^Mugabe can keep all his wealth in Zimbabwe seeing as he pretty much owns the place anyway. His influence in Africa is too much to handle for international organisations (like the UN) who have non-interventionalist policies. They are not a threat to anyone but themselves, so George Bush won't invade.

None of his wealth is in Rho.. I mean Zimbabwe, its all in Switzerland and other western nations.

Originally Posted by Mattk And then you guys got Thabo Mbeki, and nothing will happen now!

I am talking about before even Nelson's time.

[simona]

why do primitive governments usually shoot themselves on the foot... This has reach to a point that nomination of bills dont matter, people will start using other more valuable currencies for trade.

[styla21]

Originally Posted by simona why do primitive governments usually shoot themselves on the foot... This has reach to a point that nomination of bills dont matter, people will start using other more valuable currencies for trade.

Like what though?
Back to a barter-economy, swapping chickens for lemons?
And any other alternate intermediary, exchange or instruments implentation will be ruined by corruption.

This whole thing makes me