Monday, June 02, 2008

Zimbabwe: Everybody's a Billionaire, But Starving

Zimbabwe's Official inflation rate: 165,000 percent
Actual inflation rate: 1,700,000 percent

Amount of money an average family of six needs per month for basic services and goods: $100 billion

The Progressive Teachers’ Union of Zimbabwe's salary demand: $76 billion per month

Amount awarded to the teachers by the government: $60 billion per month

Result: 16,000 teachers have left Zimbabwe for South Africa and elsewhere

Harare Tribune link


At 6/02/2008 6:39 PM, Blogger juandos said...

Professor Mark, I think you need to put on your 'Al Gore glasses' to get a more well rounded view of the paradise that is Zimbabwe...

Consider please the following Wondermark editorial cartoon...

(hat tip to No Oil for Pacifists)


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