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Tuesday, August 19, 2008

This just in...

Zimbabwe inflation at 11.2 million percent.

One of Zimbabwe's leading banks, Kingdom Bank, last week said the country's inflation rate was actually more than 20 million percent. It predicted more difficulties for the country which has been in economic and political chaos for the past decade since Mugabe's government instituted land reforms, booting white farmers off their lands and other changes that wrecked the agricultural sector, discouraged foreign investment and sent capital out of Zimbabwe.

Aren't brutal, racist thugocracies just grand?