The Duck of Minerva

The Duck Quacks at Twilight

It could be worse…

October 9, 2008

the peoples of the advanced industrial countries could live in Zimbabwe.

Zimbabwe’s annual inflation rate – already the world’s highest – has soared to 231,000,000%, newly released official figures for July show.

The rise – from 11,200,000% last month – was largely due to increases in the prices of bread and cereals.

A landmark power-sharing deal between President Robert Mugabe and opposition leader Morgan Tsvangirai has failed to ease the country’s economic crisis.

I bet the Icelanders didn’t realize that they had it so good.

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Daniel H. Nexon is a Professor at Georgetown University, with a joint appointment in the Department of Government and the School of Foreign Service. His academic work focuses on international-relations theory, power politics, empires and hegemony, and international order. He has also written on the relationship between popular culture and world politics.