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Zimbabwe: No government, no school – and annual inflation at two trillion percent

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As worrisome, alarming, unsettling, scary or [choose your adjective] as the spreading, worldwide financial crisis and its effects may be, try this statistic on for size: Thanks largely to the policies of its longtime dictator-president, Robert Mugabe, who barely “won” a run-off election in June, his “once-prosperous nation” in southern Africa is now “crumbling under inflation” that is “the highest in the world”; at an annualized rate, it’s now running at two trillion percent.

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admin @ October 8, 2008

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