This is what happens in ZIMBABWE

This is what happens in ZIMBABWE !!!!!

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This is what it looks like in Zimbabwe ……………

(Inflation at 231 million percent a year has meant 25 million Zimbabwe dollars equals to just 1 US dollar)

The pictures below look funny, but the story is really sad……..

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Visiting the neighborhood grocer!

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Some pocket money!

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Awesome price tag!

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This is how people pay in restaurants!

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The bill of course!

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The 100 billion dollar note in circulation!

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Zimbabwe's $100 billion banknote with the number of eggs it could purchase on its release date

They are now releasing a 100 TRILLION banknote...

If you want to feel like a trillionaire for a few days, a holiday to Zimbabwe will surely give you that feeling!

And 1 trillion = $33 USD.

In 1980 ZMD was equivalent to British pounds and nowwwww!!!!!!!

dectatorship rocks :D

billionaire

Amazing

Turkey was in similar situation in 2004, (I am not 100% sure of year), when hyper-inflation hit the country then they decided to change the denomnation of their currency and the got rid of 6 zeros from their from thier notes.

Meanz Everyone in Zimbabwe is billionarie or trillionare..............!

isnt there any thing like atm card there?

1 US Dollar = 37,456,777 Zimbabwe Dollar :o

and

1 Pakistan Rupee = 466,862 Zimbabwe Dollar

If i have 10 !@#$ rupees i will be millionire of zimbawe

Nothing funny its terrible! this is probably due to the dictatorship in zimbabwe. West doesn't want these countries to rise. People from these countries come to Pakistan like we goto England, Usa for studies.

Well they got what they deserved; A land free from goras, how do they think this was gonna work out. The goras won't even go back even after Mugabe told them he was going to give their lands back and money to start their once great agricultural work, unseen in other African countries.

They = Mugabe, not the Zimbabweans.

I've been to Zimbabwe (I was born there, but went there for the first time in 1999). It was a really nice country. Two years down the road, and it became worse. Now, God knows...

Zimbabwe should hire Ex Prime Minister of Pakistan to "GET RID" of its financial Crisis! ;)

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Zimbabwe should hire Ex Prime Minister of Pakistan to “GET RID” of its financial Crisis! ;)
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Which one? :confused:

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Which one? :confused:

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shoukat aziz…:D one of the best PMs of pakistan (from bottom) :D

What's interesting to note is that the people of zimbabwe are quite educated. Their literacy rate is 91%! Much higher than Pakistan's. Its bad leadership and sanctions imposed by the westerners that have caused their economy's destruction.

Actually things are very expensive in Pakistan too. We may be heading for hyperinflation too if the civil war continues and the govt is forced to print money to finance it.

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shoukat aziz…:D one of the best PMs of pakistan (from bottom) :D

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But Pakistan did some progress in his term as Finance Minister and Prime Minister. Even before 9/11.

First time in history of Pakistan, from “empty treasury” (less than 0.5 billion dollars) to 16 billion dollars in foreign currency reserve.

No one ever done yet, not Nawaz Shrief, not Benezair, not going to happen in this current government of Zardari.

[quote=", post:, topic:"]

But Pakistan did some progress in his term as Finance Minister and Prime Minister. Even before 9/11.

First time in history of Pakistan, from “empty treasury” (less than 0.5 billion dollars) to 16 billion dollars in foreign currency reserve.

No one ever done yet, not Nawaz Shrief, not Benezair, not going to happen in this current government of Zardari.

[/quote]

:mad: n wht about his trickle down economics???

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:mad: n wht about his trickle down economics???

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Trickle down economics is one of way to handle an economy which is increasing at a very fast rate. It’s not that bad thing:

http://en.wikipedia.org/wiki/Trickle-down_economics

Remember that after 1960s progress in Pakistan (with companies revolution and green revolution in 1960s), 1999-2005 was the first time when Pakistan’s economy actually progressed in positive direction.

With so many jobs in Telecom sector, Banking sector and Leasing sector, all thanks to Shokat Aziz. Before 1999, it was a high achievement if somebody get a job of 3k or 5k per month.

It was Shokat Aziz that increased the level of pay and increase the number of jobs.

All those people who enjoyed Banking jobs and Telecom jobs from 1999 to 2005 must thank Shokat Aziz for getting jobs of 15k+ and 20k+ (and more).

Strangely, the people who got new cars from banks and people who got Banking jobs and Telecom jobs are the ones who are against him :)

I was talking about Shoukat Aziz....!

OK! Things had been pretty Smooth in his era but he did not gave long term economic solutions as well as planning for the Pakistan! He worked only on short term solutions which remained Beautiful and attracting only in His era.......but when he left Pakistan after his End of Government...then everyone Explores wot was the real story! After All he was a highly qualified business economist and if a qualified economist....(who had been also working for CitiBank in America)....does not Apply his experience and management at the Micro and Macro level of a Country.....then tell me wots the adnvantage of having a highly qualified Economist Prime Minister...?

Consider a little example...! All the finacial crises and especially Electricity Crises are the gifts of the Shoukat Aziz Government to the new Government! If he was sincere to Pakistan...then the question arises that why he not started even a single project regarding Electricity Crises during his era..?

An Economist and Business Management person has a long term future projections in his mind..but sorry to say that he was interested only in his 5 years span and that the reason that after the end of his Government he even has not courage to come back Pakistan to answer the questions regarding his so called Economic Policies...!