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.
Subscribe to:
Post Comments (Atom)
Posts
1 comment:
Indeed. And unemployment is at a nicely sustainable 80%, as well.
Post a Comment