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Monday, 23 August 2010
What The Real Crisis is Like
What The Real Crisis is Like
If you think that the current economic crisis is something that has never happened in history before, you may be wrong! After the collapse of the agriculture sector in Zimbabwe in 2000, the inflation in that country skyrocketed to 231 million percent a year! Just think about it - 231 000 000%! Unemployment went up to 80% and a third of country's population left it.
Let`s now have a look at the photos that you may not be able to see anywhere else in the world.
Here is a boy getting change in 200 000 dollar notes!
One 200 000 dollar note equals less than $0.10 cents.
December 22nd, a new note of 500 000 dollars introduced to the market!
Next - 750 000 dollars.
January - new note of 10 million dollars.
This US $10 dollar note is 10 times worth more than the 10 million dollars Zimbabwe note.
A case worth 65 billion Zimbabwe dollars which equals to $2000 US dollars.
This guy is going to a supermarket. The exchange rate is 25 million Zimbabwe dollars for 1 US dollar.
This mountain of cash is worth $100.
50 Million note is then introduced!
Next is 250 million dollars note!
Sorry, how much is this t-shirt? - It`s cheap, only about 3 billion dollars!
May - a note of 500 million dollars is introduced!
June - note worth 25 and 50 billion are printed.
And finally - 100 billion dollars note!
What can you buy for it? Well, these 3 eggs for example.
That's how people went to restaurants!
And the bills:
In August, the government devalued Zimbabwe dollar by removing 10 zeros from notes.
However, inflation kept going up and in September for this amount of cash you could only buy 4 tomatoes.
And for this - some bread.
And then it started again: 20 000 dollars note in September.
50 000 a couple of weeks ago!
They`ve got a pretty good chance of hitting billion dollar notes again by the end of this year!
Creative Works by Marco Escobedo
Creative Works by Marco Escobedo
.
From Lima, Peru, from very small he was always interested in all that that had to do with the drawing and the painting, so, more than a practice, the fact of drawing, was for him the whole passion that was growing as one is observing the works of many artists, for it, in the beginning, he thought that his career should be the painting. He realized some studies on it in several workshops like a way of penetrating into depth in this field.
In this post we are presenting Extra ordinary Creative Artworks by Marco Escobedo and we hope that you will like his artworks, Feel free to give your comments on his artworks, find out more about the artist and his work on Marco Escobedo.
Daily Life in Salt Mining
Daily Life in Salt Mining
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