Hyperinflation is driving the country of Zimbabwe into turmoil. Experts are calling their inflation problem is among the top five worst. From 2001 to 2007, the inflation has skyrocketed from 1,000 percent to 12,000 percent. The cost of items that we take for granted are blown way out of proportion to the amount the Zimbabweans are are getting paid to do their jobs. Tens of thousands of workers have stopped arriving to work because their salaries can't even even cover the cost of taking the bus to work.
As these economic crisis' rage on, the Zimbabwean president, Robert Mugabe, refuses to give up control of Finance and House Ministries. Meanwhile his country has nothing they can do but watch their economy die, which is happening at an alarming pace.
It really disturbs me that only one man can have so much power and the he would abuse that power. As of now, he is the only man who can help bring a stop to Zimbabwe's massive crisis, and he has done nothing. Now thousands of people are not working and they cannot afford to buy meals or necessary supplies.
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3 comments:
I completely agree that Zimbabwe's hyperinflation, economic crisis, and political situation are terrible happenings. I find the idea of power somewhat interesting, but I do not understand why someone would want power so much that they must abuse it. Yea, one may seek notoreity or the possibility of large sums of money, but it would come back to haunt the powermonger. The temporary hapiness would never outweigh the consequences which would result from abusing power.
Part of me sees this in many of the failing economies today. People in charge who we thought would know what they're doing, but they don't. Then when things get messed up there is nothing anyone with the power can do. This in turn ends up with a failing country and someone whose power-hungry keeping it that way. This reminds me of America right now. People in charge don't know what to do about our economy, that and they're afriad to do anything about it. No one has or wants the same plan so we're getting no where.
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