19 May 2009

经济危机?Financial crisis?





What the real crisis is like! We have to learn from others. After the collapse

of the agriculture sector in Zimbabwe in 2000, the inflation in that country

skyrocketed to 231 million percent a year! Just think about it -

231,000,000%! Unemployment went up to 80% and a third of country's

population left it.

Let's have a look : Here is a boy getting change in 200,000 dollar notes!

One 200,000 dollar note equals less than $0.10 cents.

Later, 500,000 dollars note was introduced to the market!


Next - 750 000 dollars. 接下来,七十五万的纸币。
Then, a new note of 10 million dollars. But US$10 is 10 times worth more
than the 10 millions Zimbabwe note.
例子 :This guy is going to a supermarket. The exchange rate is 25 million
Zimbabwe dollars for1 US dollar.

This mountain of cash is worth $100. 一堆如山高的钱币只值美金一百元。

50 Million note is then introduced! 再发出五千万的纸钞

Next is 250 million dollars note! 然后二亿五千万一张纸钞!

How much is this t-shirt? Cheap, only about 3 billion dollars!


25 and 50 billion are printed.

And finally - 100 billion dollars note!

What can you buy for it? Well, these 3 eggs for example.

Thats how people went to restaurants! 捧一堆钞票去餐馆

And the bills:

The government later devalued Zimbabwe dollar by removing 10
zeros from notes.
However, inflation kept going up and in September for this amount of
cashyou could only buy 4 tomatoes.
And for this - some bread.

And then it started again: 20 000 dollars note in September.

50,000 a couple of weeks ago! They've got a pretty good chance of hitting
billion dollar notes again by the end of this year!



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