Economic Catastrophe in Zimbabwe
With a staggering inflation rate of 3,714%, people in Zimbabwe are stocking food and other essentials in preparation for what experts are calling an impending "economic collapse; Businesses are closing at an alarming rate and many of those that remain in operation have taken to paying their employees weekly or in food, as monthly salaries are too hard-pressed by the rampant inflation. Water and power utilities are also reportedly near the breaking point. If the worst happens and Zimbabwe plunges into a state of emergency, analysts fully expect "increased crime and possible civil disturbances." Zimbabwe’s economy, largely agriculturally based, began its serious decline in 2000 when a program of violent land redistribution evicted over 4000 white farmers and caused the economy to contract by approximately 30%.
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Land / Nation Speculation by VnutZ
I wonder how much it would cost to "buy" Zimbabwe …
While simply buying up the land and evicting the people would be easy (though risky as the government would likely just nationalize your property after taking the money), I’m really curious what the "sale price" on a complete country would actually be?
Obviously such a question is academic and absurd for established nations. Nobody is going to sell the UK, the USA or Russia. But some corrupt Africans running their people into the ground? What price would they accept to sell it all and walk away? If such a thing could happen, would the purchase of government and walkout of former leaders automatically equate to a financial coup in which case the international community must recognize the buyer as the new, legitimate head of state?