Soee
I think I saw somewhere their SM was up a couple 1000% :) If I find it I’ll post. I don’t have the answer on this & just keeping all avenues open. I really appreciate the dialog but hate the bantering that goes with posting opinions.
I think I saw somewhere their SM was up a couple 1000% :) If I find it I’ll post. I don’t have the answer on this & just keeping all avenues open. I really appreciate the dialog but hate the bantering that goes with posting opinions.
They have NO concept .. other than Government Schooling
Therefore they are Enemy .. Frag them ( let them choose such ) ..
the above is dependent upon whether or not ” they ” are about to frag me !!
I will give them a limited chance to —- go away
..
..But a Credit Crunch..where NOBODY gets Credit will cut back on Production of Goods too….big time even as Consumption is reduced…ie….No More Auto Industry !
..so the 2 or 3 guys who still are out there who want to buy a new car…are gona have to pay a lot more to get one…Home made ?
…Maybe go long Mechanics
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Gotcha. I, too, have held it for a couple/few years, waiting for the markets to collapse. Think I’ll hold it awhile longer, since I already have an awful lot of anything else I’d consider putting the money into. Thanks for the reply.
Zimba is a petridish experiment. What’s the GDP of Zimba in relation to the US? 1%?
Got a graph of their SM?
The Herald
Thursday, October 09, 2008
By Martin Kadzere
ZIMBABWE’S annual inflation rate rose to 231 million percent in July,
driven faster by food prices, according to official Government
statistics. The annual rate of price growth was 11,2 million in June.
It therefore gained 219,8 million percentage points, said the Central
Statistical Office in a statement released yesterday.
What it means is on average goods in July this year were about 231
million times as expensive as they were 12 months earlier.
The month-on-month rate rose 1 760,9-percentage points on the June
rate of 839,3 percent to 2 600,2 percent.
Bread and cereals were the main drivers.
Depending on availability, a loaf of bread now costs between $7 000
and $10 000.
Bread prices have been pushed up by wheat shortages as bakers are
relying on imports.
The latest inflation figures show that Zimbabwe is suffering the
highest inflation rate in the world.
While several measures have been put in place to calm inflation, most
were ill-fated.
The Government blames this on illegal sanctions imposed by Britain
and its allies.
Zimbabwe is suffering from foreign currency, fuel and food shortages.
Prices of goods and services are rising on daily basis.
The economy has contracted almost 50 percent over the past 10 years
on pathetic performance by all sectors.
This was coupled by corruption in both the public and private sectors.
Farm and factory output sharply fell.
Tourism also suffered a major setback as holidaymakers shunned the
country on perceived country risk.
Economists are hoping the economy could recover on the formation of
an inclusive Government.
The main political parties - two MDC formations and Zanu-PF - last
month signed a power-sharing deal to form an inclusive Government.
Various international bodies are behind the deal and are interested
in helping Zimbabwe, once an economic powerhouse in southern Africa.
A UN sponsored report on Zimbabwe’s economic revival says the country
needs 12 years to get back where it was in the early 90’s.
About US$5 billion will be needed.
Why in the hell are you here??? If you know so friggin much…why bother with a bunch of dipshits like us? Commin’ in here with the I told ya so’s from last spring is not winning you any converts. Have you ever asked anyone a question here?? It’s doubtful. It’s all about trying to impress someone… I’ll bet. People don’t come here to get impressed. They’re here to share and to learn! Your spitefull comments are getting old….get lost.
Today that calling is ” terrorist ” ( ie ) Enemy of the STATE
2_p
..Explain what you mean by Anarchy to those 4 Big Guys in the Blue Suits outdide your front door….I am sure they will abide !
…There is No More Gold For Sale….Turn your attention to unmined gold….Gold Stocks….are at HISTORIC LOWS with respect to the Vanishing Metal !………….
…On Sale NOW………………..cheap cheap cheap !
PS…………….This is a Positive development for Miners
stockcharts.com/h-sc/ui?s=:&p=D&st=2001-01-01&en=1979-01-01&id=p53889065280