FinancialGuy Writes!

So we Europeans thought that we had it bad. Banks collapsing and recession don’t mean a thing compared to the devastation going on in Zimbabwe. A friend of mine visited there recently (his wife is from Zimbabwe) and he explained the consequences of ramplant inflation.

For us, their inflation is incredibly high and out of control. That information in and of itself is meaningless. The reality is that prices double every day. Every day!!

The below story explains how they have now brought out a 100 trillion note. It seems more like a sick joke than monetary policy.

BBC NEWS | Africa | Zimbabwe rolls out Z$100tr note

I thought I’d ask, just for the record, what actions are the EU and European governments taking to try and assist the people and end this obviously bad regime?

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  1. Hello,

    I would like to know if you were able to help or point us in the right direction. We are a charity called Vision Inspired People Zimbabwe and over the last year have collected over 10 000 pens, pencils, rulers, rubbers and pencil cases. We also collected reading books for the ages 3-18 all goods are brand new. We managed to get over 2000 pieces of womans lingerie all brand new and in packaging which could help girls and woman in Zimbabwe. Our problem is that we have been struggling to get funding to send the goods to Zimbabwe via shipping and need to raise £3000 for a container for the goods. Is there anyway that you guys could assist us in sending the goods as a part of your shipment, or do you know of a company that could assist us in sending the goods or do you know where else I could apply for funding. We are a husband and wife team and our mission is to help underprivileged children in Zimbabwe,

    You can visit our web-page http://www.visioninspiredpeoplezimbabwe.org or our facebook page.

    Shabaan Banana
    shabaan@visioninspiredpeoplezimbabwe.org
    01204413839
    “If you can dream it, you can do it”

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