Monday, December 22, 2008

Zimbabwe



Mugabe is out of options, and this is yet another failure for developed nations. This man has, to put it as civilly as I can 'grossly mismanaged' the country of Zimbabwe. Thomas Barnett has outlined ways to "process" failed states in his book "The Pentagon's New Map". If there is a perfect example of a failed state, Zimbabwe is it. It is notable that the G20 is reluctant to act here. Another negative outcome for those who thought that globalization was inevitable and self-sustaining.

http://www.bloomberg.com/apps/news?pid=20601087&sid=an94YwV45jo0&refer=home

Such plans suggest that Mugabe doesn’t plan to bow to calls to step down as the economy collapses and cholera spreads. Yesterday Jendayi Frazer, the top U.S. envoy for Africa, said that Mugabe has “lost it” and “credible power sharing” with him isn’t possible. Zimbabwe is in its tenth year of recession, with an annual inflation rate of more 230 million percent and an unemployment rate more than 80 percent.

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