Friday, May 18, 2007

Maybe Zimbabwe WAS A Good Choice

I blogged on Monday about the pathetic move by the UN to elect Zimbabwe as chair of the Commission on Sustainable Development. Today, things get worse as Zimbabwe's government-run newspaper, The Herald, has announced that the annual inflation rate has risen to an astonishing 3,714%.

3,714%.

That represents a 1,500 point increase since March, and means that average prices have risen 36-fold in the last year.

If that's not sustainable development, I don't know what is.

1 comment:

geoff said...

Indeed. And unemployment is at a nicely sustainable 80%, as well.