Life

Economic climate in Zimbabwe

Economic climate in Zimbabwe has caused so much hardships & stress related ailments among Zimbabweans.Zimbabwe faced a cash crisis since 2008.There was a rise in inflation which forced the gvt to introduce bearer cheques whose value depleted every single minute everyday.In the morning 1trillion dollars could buy 100 S.A rands but by noon it was no longer sufficient to buy the same R100 note People acquired as much as quintrillions, I think the 1929/1930 depression was by far surpassed by the economic crisis in Zimbabwe The value of the Zimbabwe dollar continued to deplete forcing the gvt to dollarise the economy & the country began to use American dollars as the official currency The use of the USDollar alleviated the cash crisis for some time Goods could now be found in shops which had become empty for a very long time.People who had become thin & sickly began to gain weight & healthy again.Zimbabweans in diaspora returned home.life now became bearable