One USD is now worth 25 million in Zimbabwe

One USD is now worth 25 million in Zimbabwe

edition.cnn.com
(visit the link for the full news article)

As a result of the economic woes currently facing Zimbabwe its currency has hit an all time low, one United States dollar is now worth 25 million Zimbabwean dollars.

The Zimbabwea is experiencing the world's highest inflation with recent figures at 100,500%!

Could America be like this one day?

edition.cnn.com
(visit the link for the full news article)

[edit on 5-3-2008 by Master_Wii]

Anyone said Weimar Republic aka Germany in 1919 to 1923? In 1919, one once of gold was around 400 deutchmarks... in november 1923, it was around 96 TRILLIONS.

Just wait and see in Zimbabwe it's gonna be that bad real soon.

And this reports seems to just be propaganda to make the impression that the US dollar is still strong.

Nice catch!

I am thinking that was the intent of this article as well

Zimbabwe is sadly reflective of the majority of Africa the only difference being that the country has been free of armed conflict since Mugabe . What is even sadder I don't see there being any remedy to the problems at hand. Going from one dictator to another would be of no gain to anyone what so ever.