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Zimbabwe: the breaking point

Blogging about Zimbabwe, Ethan Zuckerman asks, “What is the breaking point?”: Gono, who is either the most incompetent central banker in the world today or the most sinister and corrupt, has responded by illegalizing inflation. Betwen March and June, anyone who raises prices for goods or services, will be subject to arrest. The predictable result of this action will be a full shutdown of the Zimbabwean economy – if you can’t make a profit selling bread, why would you continue making it and selling it at a loss?

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