Won't He Just Die Already?

Wishing for someone's death isn't likely the kindest thing to do. However, there's a few people in this world for whom this would appropriate. One being, Zimbabwe's Robert Mugabe, who has brought death and misery upon this once prosporous nation with his Marxist economic policies and dictatorial rule (and the two always go hand-in-hand).

Look for similar things to happen in Venezuela and South Africa in the next 10 years.

HARARE, Zimbabwe (AP) - Zimbabwe's annual inflation rate surged to an unprecedented 3,714 percent at the end of April, the official state newspaper reported Thursday, as the government set up a commission to try to bring prices down to single digit levels....
The Herald said that President Robert Mugabe on Monday signed into law regulations to enforce wage and price controls through "comprehensive price surveys and inspections," with a penalty of up to five years in jail for violators. The ultimate aim would be to bring inflation into single digits.

That means if you had 10,000 in savings a year ago, it's worth 270 today.

Note to Mugabe and the AP: price caps will not reduce inflation!