Zimbabwe Interest Rate 800%

Submitted by Marco on 29 April, 2006 - 21:43

Did you know that the interest rate in Zimbabwe is 800%? Wouldn't it be cool if you can deposit your money there in Zimbabwe - say $10,000 of your total savings and by the end of the year receive $80,000 in interest? Haha... The question is would your investment be safe? I think not. I guess Zimbabwe is simply desperate for some foreign investment to be offering such a high interest rate.

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