January 17, 2009

And you thought our economy was bad?

I just finished reading an article on the problems of Zimbabwe. Unbelievable.

Just one "highlight" of the article - "Inflation was last reported at 231 million percent in July, but the Washington think-tank Cato Institute has estimated it now at 89.7 sextillion percent -- a figure expressed with 21 zeroes."

For comparison, U.S. inflation generally is around 2-4%

To read the article, click here.

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