Another success story out of Africa. $217 left.
 

Zimbabwe Is Down to Its Last $217

There are cash-strapped governments, and there are broke governments. And then there's Zimbabwe, which, after paying last week's government salaries, has just $217 in the bank. No, we didn't forget any zeroes to the end of that figure. Zimbabwe, the country that's home to some of the world's largest plutonium and diamond reserves, is literally as rich as a 14-year-old girl after a really good birthday party. The country's finance minister admitted as much in a press conference on Tuesday. "Last week when we paid civil servants there was $217 [left] in government coffers," Tendai Biti told reporters. "The government finances are in paralysis state at the present moment. We are failing to meet our targets."

So it seems. However, Zimbabwe is hardly a stranger to financial hyperbole. The economy started to come apart at the seams in 2000, when President Robert Mugabe seized the land of over 4,000 white-owned farmers, effectively dismantling the country's agriculture industry.


http://news.yahoo.com/zimbabwe-down-...031022981.html

Why dont they just print money as they used to do, just like the USA is doing now?

How many of these do you want?

http://en.nkfu.com/wp-content/upload...currency-1.jpg

now MMF can help them

If they're smart they can sell their food skamps on the skreet for fiddy cent on the dollar...

this is all because they nationalized their farms.. of course..