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2005-08-02 Africa: Subsaharan
Zimbabwe dollar hits new low
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Posted by Steve White 2005-08-02 00:21|| || Front Page|| [2 views since 2007-05-07]  Top

#1 On Friday, according to one source in Zimabwe, the rate was US $1 = Z$ 36,000. A Z$ 9K increase in 3 days.

China also reportedly is going to build a hydroelectric plant in addition to giving Bob all the other goodies.





Posted by Pappy 2005-08-02 02:16||   2005-08-02 02:16|| Front Page Top

#2 How many wheelbarrow to by a meal? I can believe even Bob's own cronies can live with this. Is there any noise that he is soon to be done for?
Posted by Sock Puppet 0’ Doom 2005-08-02 07:10||   2005-08-02 07:10|| Front Page Top

#3 Bob got an airplane outta of the deal. Nice.
When do all his "subjects" get to line up at the airport for a ride on it?
Posted by tu3031 2005-08-02 09:20||   2005-08-02 09:20|| Front Page Top

#4 That would be Bob's escape plane when the defecated matter hits the air circulation device. (Just trying to calm those easily offended people who were complaining about the foul language on this site yesterday.)
Posted by Steve">Steve  2005-08-02 09:36||   2005-08-02 09:36|| Front Page Top

#5 Steve, you get today's Roget Award for Creative Synonyms! :)

Anybody know what return the Chinese expect to get on this investment?
Posted by mom 2005-08-02 09:44||   2005-08-02 09:44|| Front Page Top

#6 Mineral rights, titles to some of the better and still-producing farms, political influence.
Posted by Pappy 2005-08-02 11:40||   2005-08-02 11:40|| Front Page Top

#7 Also, a relatively exclusive market for their goods.
Posted by Pappy 2005-08-02 11:41||   2005-08-02 11:41|| Front Page Top

#8 a relatively exclusive market for their goods.

I thought that was called Wal-Mart.
Posted by Dreadnought 2005-08-02 12:11||   2005-08-02 12:11|| Front Page Top

#9 lol, Dread! I'm actually awaiting the e-mail from Queen Mugabe, who wants to give me $10 million if i'd just give her my bank acct #. Although, I do need to follow up on if she means U.S. dollars or ZimBOBwean "dollars."
Posted by BA 2005-08-02 14:03||   2005-08-02 14:03|| Front Page Top

#10 $20.00 Zimbabwe - Worth less than an S&H Green stamp from the 1960s



If the ZimBob Bux inflate too much then there still is a use...

Posted by BigEd 2005-08-02 17:27||   2005-08-02 17:27|| Front Page Top

#11 I wish we could put elephants on the twenty...and donkeys on the three.
Posted by Mrs. Davis 2005-08-02 18:09||   2005-08-02 18:09|| Front Page Top

#12 Mrs D. "Donkeys" in Zimbabwe have stripes...

Prisoner metaphor?
Posted by BigEd 2005-08-02 18:37||   2005-08-02 18:37|| Front Page Top

#13  Mineral rights, titles

Aw Pappy, come on. :>

The good news is from the illustration provided by Ed the Zim Buck is evidently backed by rocks.
Posted by Shipman 2005-08-02 20:10||   2005-08-02 20:10|| Front Page Top

#14 From the US State Dept:

Natural resources: Deposits of more than 40 minerals including ferrochrome, gold, silver, platinum, copper, asbestos; 19 million hectares of forest (2000).

and the Zimbawe Geological Survey:

About 60% of the country is covered by an Archaen Granite Greenstone terrain well known for its rich endowment of gold and base metals. Cutting across the entire Archaen is the famous Great Dyke hosting one of the world’s largest reserves of chrome and platinoids. Covering the edges of the Archaen terrain are younger sedimentary rocks hosting huge reserves of coal.
Posted by Pappy 2005-08-02 21:28||   2005-08-02 21:28|| Front Page Top

#15 Hey they still have a long way to go until they reach 1bn like the Reichsmark in the 20s
Posted by True German Ally 2005-08-02 21:56||   2005-08-02 21:56|| Front Page Top

23:59 JosephMendiola
23:59 AgentProvocateur
23:54 Jackal
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23:49 Mike
23:42 Red Lief
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23:38 Sock Puppet 0’ Doom
23:35 JosephMendiola
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