1018
Crisis in Zimbabwe
The crisis in Zimbabwe began in 2000, after President Mugabe took land from whites and gave them black.
Immediately enveloped the entire agricultural sector, against countries imposed sanctions, inflation began.
This year, inflation reached a record 231 million percent a year.
You understand that figure? 231,000,000% per year. Unemployment - 80%, one third of the population left the country
Now let's see the photos that you're unlikely to see in other countries.
That beggar boy gets last December trifle. Denominations over 200,000 Zimbabwean dollars.
Little millionaire.
One such bill - about 10 cents. The official exchange rate is several times higher, but it does not change anybody.
On December 22 there was a bill in the country 50,000 Zimbabwean dollars.
Then - 750,000
In mid-January - 10 million
Multi-millionaire
This bill is in the $ 10 it cost 10 times more than the bill to 10 million Zimbabwean dollars.
And it is already February. Now do not just give poprashaykam 200 000, and the whole pack 200,000th banknotes.
Local billionaire. In the suitcase 65 billion Zimbabwean dollars.
And it is only 2,000 US dollars. That was in March
Man goes to the supermarket. Again March. Course of 25 million Zimbabwean per US dollar.
This pack costs 100 bucks.
In April, the government thought "walk so to walk," and issued a bill of $ 50 million.
But inflation is not in place. In May, there was a bill of 250 million
Prices in stores. Almost 3 billion over a shirt or pants
In mid-May, there is a denomination of 500 million
But time flies, flies economy. In June, there are 25 bills and 50 billion
And in July already, and all 100 billion
What can they buy? Well, for example, three eggs
And so, when people began to walk like that in a restaurant ...
Getting there such accounts ...
The houses had no place for the pile of cash ...
The government has come to their aid, releasing in August a new bill, removing zeros TEN Oldest
But inflation again ... They forgot about inflation ... In September, for a pile of money, you could buy 4 tomatoes
And for a loaf of bread
And away we go. The new bill - 20,000 in September
50 thousand and a half weeks ago. Until the end, there is a good chance again to move to the billions.
And now the true face of the crisis:
Zimbabwe - the only country in the world where the largest denomination - 50,000, and a roll of toilet paper the cheapest costs 100 000.
If we take 100,000 and change them for the smallest denomination, 5
Zimbabwean dollars, you'll get 20,000 notes. The average roll
toilet paper - 72 pieces.
It turns out that in Zimbabwe to use the money instead of toilet paper to 278 times more profitable than buying them at this very paper.
Especially because the cheapest toilet paper in Zimbabwe - the same trouble as these bills.
Here is the real crisis.
ps: the government decided to move to the US dollar since stupidly in the country is out of paper for the money)
Immediately enveloped the entire agricultural sector, against countries imposed sanctions, inflation began.
This year, inflation reached a record 231 million percent a year.
You understand that figure? 231,000,000% per year. Unemployment - 80%, one third of the population left the country
Now let's see the photos that you're unlikely to see in other countries.
That beggar boy gets last December trifle. Denominations over 200,000 Zimbabwean dollars.
Little millionaire.
One such bill - about 10 cents. The official exchange rate is several times higher, but it does not change anybody.
On December 22 there was a bill in the country 50,000 Zimbabwean dollars.
Then - 750,000
In mid-January - 10 million
Multi-millionaire
This bill is in the $ 10 it cost 10 times more than the bill to 10 million Zimbabwean dollars.
And it is already February. Now do not just give poprashaykam 200 000, and the whole pack 200,000th banknotes.
Local billionaire. In the suitcase 65 billion Zimbabwean dollars.
And it is only 2,000 US dollars. That was in March
Man goes to the supermarket. Again March. Course of 25 million Zimbabwean per US dollar.
This pack costs 100 bucks.
In April, the government thought "walk so to walk," and issued a bill of $ 50 million.
But inflation is not in place. In May, there was a bill of 250 million
Prices in stores. Almost 3 billion over a shirt or pants
In mid-May, there is a denomination of 500 million
But time flies, flies economy. In June, there are 25 bills and 50 billion
And in July already, and all 100 billion
What can they buy? Well, for example, three eggs
And so, when people began to walk like that in a restaurant ...
Getting there such accounts ...
The houses had no place for the pile of cash ...
The government has come to their aid, releasing in August a new bill, removing zeros TEN Oldest
But inflation again ... They forgot about inflation ... In September, for a pile of money, you could buy 4 tomatoes
And for a loaf of bread
And away we go. The new bill - 20,000 in September
50 thousand and a half weeks ago. Until the end, there is a good chance again to move to the billions.
And now the true face of the crisis:
Zimbabwe - the only country in the world where the largest denomination - 50,000, and a roll of toilet paper the cheapest costs 100 000.
If we take 100,000 and change them for the smallest denomination, 5
Zimbabwean dollars, you'll get 20,000 notes. The average roll
toilet paper - 72 pieces.
It turns out that in Zimbabwe to use the money instead of toilet paper to 278 times more profitable than buying them at this very paper.
Especially because the cheapest toilet paper in Zimbabwe - the same trouble as these bills.
Here is the real crisis.
ps: the government decided to move to the US dollar since stupidly in the country is out of paper for the money)