Friday 22 June 2007

Did You Say 1.5 Million?

While driving to work today, I heard an item on Zimbabwe's economy. I was sure that I had heard wrong.

Well, I just checked on the BBC website and it turns out what I heard was correct. The US ambassador to Zimbabwe, Christopher Dell, predicts that inflation in Zimbabwe will reach (are you ready for this?) 1.5 million percent by the end of the year. That is 1 500 000%!

I don't know about you, but I cannot even comprehend what this means. I kind of expect time to warp back on itself at an inflation rate like that. Or, maybe the money in your wallet spontaneously bursts into flames.

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