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Thursday, January 29, 2009

Zimbabwe's Woes

Unemployment is at 94% in Zimbabwe, according to the UN. AFP's article here. Notice the last two paragraphs:

"Adding to Zimbabwe's woes are consecutive years of drought and a land reform programme launched in 2000, in which some mostly 4,000 white-owned commercial farms were seized and redistributed to blacks.
"The scheme has punched a gapping hole in agricultural production, which once accounted for 40 percent of the economy, as most of the new beneficiaries lack both farming equipment and expertise"

Spreading the wealth around is better for everyone, huh?

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