Archive for April, 2009
Now that’s an expensive breakfast:
If you think $5.00 is too much for breakfast at your local Denny’s, consider this…
Last summer, $35 billion was the going price for an (one) egg in Harare, Zimbabwe. The country once considered the breadbasket of Africa has been pillaged under the 30-year reign (ruin) of President Robert Mugabe. The nation is now near total collapse, struggling with a political crisis, widespread hunger, cholera and AIDS epidemic and a rate of inflation considered one of the worst in history. In January, Mugabe introduced a $10 trillion bill (worth about $8 in U.S. currency).
Two weeks later, the government reversed course, slashing 12 zeros to make one trillion in old dollars equivalent to one new dollar.
Tags: 100 billion dollar bill, zimbabwe
