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[–]GoodLordChokeAnABomb 7263 points7264 points  (248 children)

In the year 2000 the Zimbabwe Banking Corporation held a lottery. In an incredible piece of "luck", the jackpot was won by a Mr. RG Mugabe of Harare.

[–]Supersamtheredditman 1918 points1919 points  (176 children)

This dude is the president of the freakin country and can’t resist stealing $2600 from the national lottery??

[–]terminal157 630 points631 points  (10 children)

This sort of thing is usually done by an underling as a sign of loyalty. Not that I’d put it past him.

[–]OttoVonWong 169 points170 points  (8 children)

He'd invest all the country's money in helping a Nigerian Prince.

[–]Eaton_Rifles 75 points76 points  (7 children)

Do you know a Nigerian Prince?

When you see him next ask him where my $110 million dollars are he promised me two years ago?

[–]Diezall 30 points31 points  (0 children)

If you get yours before me I'll be pissed. I've been waiting 17 years...

[–]Jestar342 1075 points1076 points  (142 children)

Kim Jong-Il had headlines in the state newspapers about his golf expedition on his 62nd birthday. They reported he scored 11 holes-in-one, and set a new world record of 38 under par.

Sometimes it isn't about the money.

[–]Crowbarmagic 452 points453 points  (87 children)

Pretty different though IMO. With the Kim's it's more about showing off how amazing they are at everything they do. Winning a lottery is pure luck (or at least it should be. Obviously not in this case).

[–]livestrongbelwas 241 points242 points  (82 children)

Kind of. It’s about an expression of power. No one really believes dictator X is the best golfer in the world, but when the newspaper has to print it and anyone who questions it gets murdered, then it becomes a statement of power. I can lie about the weather, and you have to agree - or you will be purged.

Folks like this use outrageous lies to sow fear and cement loyalty. It’s more about consolidation of power than ego fluffing.

[–]ImFrom1988 139 points140 points  (62 children)

It's very different in North Korea from what you described. He's not just a dictator, he's a God-Emperor in a lot of the populations' eyes.

[–]livestrongbelwas 111 points112 points  (54 children)

It’s possible.

I’m still skeptical that people who “really believe everything” are convinced so much as they are fearful. You saw this with folks under Stalin. They hated the CCCP but there was no way to be sure who you could trust or if you were being spied upon. Even after the collapse, it still sometimes took years for Russians to break the self-preservation instinct of following the party line.

Fearful people haven’t survived this long by being open about their feelings.

When I see interviews with NK folks who got out, my perception is largely that I’m seeing folks who aren’t willing to take the 1% chance that it could be a trap. And there’s a 0% chance of them being honest if there’s even one person they still care about back in NK.

[–]skwerlee 48 points49 points  (1 child)

I've listened to a bunch of defector interviews and from what I've gathered it's a mixed bag. Many are true believers, some are going through the motions but it's hard to tell the difference and everyone is playing things so close to the chest because they're afraid of informers.

[–]Origami_psycho 44 points45 points  (13 children)

People belive in gods today, and in the past people believed in god-kings, even as recently as the 20th century. What makes it so unfathomable to you that people may believe in them still? There hasn't been any fundamental changes in humanity in the past century. Look at all the easily disproven myths about the US that masses of people believe in, is "The Great Leader is a God-King" really so different?

[–]Wonckay 8 points9 points  (0 children)

People lazily base their interpretations of others on themselves. If they can’t believe It, the vast majority must not be able to either.

[–]jarfil 126 points127 points  (7 children)

IIRC it was also his first time ever playing golf, and he stopped playing after that.

[–]sleepisajokeanyway 112 points113 points  (4 children)

It's amazing what sort of feats one can pull once you don't have a butthole

[–]LordGrudleBeard 24 points25 points  (2 children)

You telling me my man doesn't pee or poo?

[–]caanthedalek 7 points8 points  (0 children)

I always knew that thing was slowing me down

[–]koos_die_doos 13 points14 points  (0 children)

More athletes should retire when they’re at the top of their game…

[–]rovoh324 14 points15 points  (0 children)

Well this makes sense, he already broke every record after all

[–]umop_apisdn 20 points21 points  (2 children)

The truth about that is that they were recording how many over par he scored. And it was 5, not 11.

Story here: https://golf.com/news/behind-kim-jong-ils-famous-round-of-golf/

[–]ninjaparsnip 35 points36 points  (23 children)

Did that really happen? A lot of these wacky NK stories are made up by RFA for propaganda or South Korean tabloids for an easy profit

[–]Random_User_34 9 points10 points  (0 children)

I remember reading about someone who went there and asked people about the golf claim, and the people there were confused and had no idea what the guy was talking about

[–]Gravelord-_Nito 48 points49 points  (19 children)

It's actually pretty stunning finding out how much ""common knowledge"" about North Korea is actually literally entirely made up with no basis in reality whatsoever. And then we turn around and make fun of them for being brainwashed.

[–]ThatPlayWasAwful 73 points74 points  (12 children)

Article also mentioned that monthly wages were approximately $26 at the time. So $2600 is a lot different over there than here.

Its shitty math, but if you compare it to today's american average wage, its approximately 3 million dollars

E: I compared avg annual US to monthly Zimbabwe. To be fair I did preface the quality. Math is for nerds anyway.

[–]TheKingOfTCGames 45 points46 points  (0 children)

he literally grafted the entire country for millions already.

[–]Potatoswatter 18 points19 points  (4 children)

3 million is high… sounds like annual and monthly got mixed up. So, more like 250k.

[–]iSoinic 2111 points2112 points  (39 children)

They do strange monetary policy over there.

[–]DigitalAssassin 996 points997 points  (38 children)

Yeah, at least they don’t have to worry about snakes and monkeys stealing the money.

[–]2024AM 350 points351 points  (29 children)

why did they have to add the snake to the story lmao

[–]Orngog 133 points134 points  (22 children)

Because it happened?

[–]darthdro 74 points75 points  (17 children)

Umm I think you’ve been duped

[–]ray_kats 97 points98 points  (16 children)

If a lady can control rats and a dude can control ants, I think it's safe to assume someone out there can control snakes.

[–]SkymaneTV 61 points62 points  (7 children)

Don’t forget about the black widow that controls pigs…

(͡•_ ͡• )

[–]get_the_reference_ 19 points20 points  (4 children)

SOME PIG

[–]Tornadoboy156 30 points31 points  (3 children)

Did not expect a Charlotte's Web reference on the internet in 2021.

[–]Filthy_Lucre36 5 points6 points  (2 children)

What about those lizards that look like snakes?

[–]Buddha_Lady 7 points8 points  (0 children)

It’s like real life version of Disney’s Robin Hood

[–]Danoct 307 points308 points  (11 children)

The lottery was open to all clients who had kept Z$5,000 or more in their accounts during December.

The bank said Mr Mugabe's name had been drawn from among thousands of eligible customers.

Mugabe just had thousands of accounts that's all.

[–]LeastCreativeDrawer 72 points73 points  (0 children)

And there aren't that many accounts with that much in the Zimbabwe state bank. The odds of this happening were probably ~.05%. Hardly like winning the US lottery

[–]AngelSucked 62 points63 points  (1 child)

hahaha stealing this.

Much as Mr. RG Mugabe of Harare stole everything.

[–]noweezernoworld 37 points38 points  (0 children)

The next time someone needs a definition of “chutzpah” I’m linking this article

[–]GoldenDeLorean 2 points3 points  (0 children)

I the year two thoooooouusaaaaaand!

[–]agreeingstorm9 2694 points2695 points  (154 children)

So basically the same as my account?

[–]SulaimanWar 1115 points1116 points  (130 children)

Time to start your own nation!

[–]AyrA_ch 788 points789 points  (127 children)

Good news! There's a piece of unclaimed land in Africa: https://i.imgur.com/tb3fl85.png

Egypt and Sudan have a disputed border, but the way each one defines the border means none of them claims a small region.

[–]agreeingstorm9 578 points579 points  (64 children)

I could be an African war lord like I've always dreamed of?

[–]Ricksterdinium 153 points154 points  (14 children)

Or perhaps a leader of soldiers in a nation where there is freedom for the fighting man.

Let's call it Zanzibarland or outerheaven.

They could be called militaries sans frontiers.

[–]AyrA_ch 226 points227 points  (40 children)

You can. If you somehow manage to get infrastructure over there.

[–]radio_allah 415 points416 points  (36 children)

Just train more villagers, they can chop wood for you and cost only 50 food each.

[–]hubaloza 149 points150 points  (31 children)

Think you might have trouble finding wood to chop in the largest desert on earth?

[–]positive_contact_ 158 points159 points  (13 children)

The Antarctic Desert is nowhere near Africa

[–]netheroth 53 points54 points  (2 children)

Earth: hold my liquefied inner core.

[–]hubaloza 16 points17 points  (9 children)

Antarctica is the largest COLD dessert in the world. Which is an important distinction and it's slowly going through de-desertification where as the Sahara is likely to grow as many deserts in Africa are. Snowfall in Antarctica has been breaking records for 200 years running and getting worse each passing year. Perception is going up and it's eventually going to loose the cold desert classification relatively soon.

[–]gyrowze 15 points16 points  (0 children)

I thought the largest cold dessert was the kitchen sink sundae.

[–]Octarine_ 8 points9 points  (2 children)

if there is something that aoe 2 taught me is that deserts have a lot of palm trees

[–]SulaimanWar 43 points44 points  (4 children)

It's an Age of Empires reference

[–]hubaloza 26 points27 points  (3 children)

I won't say I knew what it was in reference too, but I was well aware that it was a reference. Still no trees in that desert.

[–]p314159i 36 points37 points  (2 children)

You just need to go to the oasis in the center of the map

[–]ryry1237 8 points9 points  (0 children)

Wololo!

[–]Neurostarship 14 points15 points  (0 children)

African warlords don't need infrastructure.

[–]Aleyla 12 points13 points  (0 children)

I hear the Chinese have special programs to help with that.

[–]introjection 191 points192 points  (31 children)

Ah yes this is the Bir Tawil, it's an incredibly barren desert with no infrastructure, water, or known resources let alone people. If you build it they will come right? right??

[–]ManInBlack829 50 points51 points  (11 children)

From what I gather they both want the part just south of Shalateen because people actually do live there. So Egypt says the straight line is theirs, Sudan says the squiggly line is theirs, meaning both think the other spot is theirs and neither claim the spot with the arrow because it would mean they forfeit the part that's actually worth something.

Also from what I remember Sudan's claim is more founded than you might think and both lines are based of treaties made with Britain.

[–]ApuFromTechSupport 34 points35 points  (3 children)

because people actually do live there.

And the massive oil reserves off the coast

[–]ManInBlack829 6 points7 points  (2 children)

I wasn't aware of that part, but surely a bunch of oil doesn't have anything to do with this /sarcasm

[–]ApuFromTechSupport 11 points12 points  (0 children)

To be fair, the oil reserves were discovered after the dispute had already been ongoing for a while, but it certainly didn't help

[–]landonburner 6 points7 points  (6 children)

Didn't the British pretty much draw most of the lines on the globe?

[–]ManInBlack829 13 points14 points  (5 children)

They literally drew the straight line, realized how terrible of an idea it was and went back a little over 10 years later and drew a "better" one that would reflect the beliefs of the local cultures. Like reading about it I was like, "Wow, both sides have a completely valid point... Britain f'd this one up."

I'm starting to think that Imperialism wasn't about the exploitation but just a love of drawing lines...

[–]FerricNitrate 4 points5 points  (1 child)

"Wow, both sides have a completely valid point... Britain f'd this one up."

It always amuses me how just about every modern geopolitical issue can be blamed, at least in part, on the British if you go back far enough. Sure some are more direct than others but it's actually somewhat challenging to find regions the Brits didn't help mess up.

Wacky borders, imperial Britain. Afghanistan, Britain (twice on their own, a few more times backing up allies more recently). China, opium wars. Anything the US does, King George. South America and parts of Africa require the indirect colonial competition aspect. You get the idea

[–]Beleynn 109 points110 points  (15 children)

worked for Dubai

[–]batt3ryac1d1 25 points26 points  (10 children)

I mean not really. Half the shit they built here is empty.

[–]specialcommenter 28 points29 points  (8 children)

Yeah, they have literally millions of apartments available in beautiful high rises but the requirements to get a job or start a business in the Emirates makes me not even want to try.

[–]Tumble85 39 points40 points  (7 children)

It's the moral and ethical ramifications of contributing to a bunch of evil SOBs that make me want to stay away from Dubai.

[–]867-53OhNein 18 points19 points  (1 child)

I'm on too many medications to ever visit UAE. I worked in travel and would always advise my clients against transiting in Dubai or Doha because you could be arrested over something as trivial as a prescription.

[–]rdizzy1223 5 points6 points  (0 children)

Yeah, I don't go many places internationally for this reason, I'm on 13 medications, and 2 of them are controlled.

[–]Jestar342 53 points54 points  (2 children)

No that worked because of the blood money they launder there.

[–]notrevealingrealname 26 points27 points  (0 children)

So basically, put up Some solar panels and a datacenter to power a crypto exchange to participate in said money laundering.

[–]Papaofmonsters 14 points15 points  (0 children)

Don't forget the slave labor.

[–]AlleKeskitason 22 points23 points  (7 children)

Could this be the same region I saw in some video thumbnail, which stated that anybody can claim it because nobody wants it?

Edit: fixed weird grammatical errors

[–]Spiderbanana 44 points45 points  (3 children)

It's not that nobody want's it, it's because of a strange political situation of, whichever country claims it, renounce defacto on his claim on another disputed and more profitable piece of land

[–]Johnny_Banana18 13 points14 points  (2 children)

yeah so it's less "unclaimed" and more "contested", the land belongs to either Egypt or Sudan.

[–]bluesam3 22 points23 points  (0 children)

As always, the problem is (a) oil, and (b) the British Empire. In 1899, the UK made an agreement with Egypt that the border between Egypt and Sudan would be in one place (as a straight line on a map), and in 1902, it drew (without consulting anybody else) a boundary that followed some actual geography. There are two bits of land in the difference: one where the straight-line border is further north (Bir Tawil) and one where it's further south (Hala'ib). Bir Tawil is small and basically worthless, Hala'ib isn't. The area was sort of shared until the 90s, when the Sudan sold off the oil rights to Hala'ib, which Egypt objected to (on the basis that they were their oil rights. That leaves us in a situation where Egypt insists on the "straight line" border (giving Bir Tawil to Sudan) and Sudan insists on the "geography" border (giving Bir Tawil to Egypt). Everybody agrees that somebody owns it, but they disagree on who.

[–]enzovrlrd 9 points10 points  (0 children)

That's cause the land is just sand, they keep drawing their border but someone comes and wipes it all

[–]stin_nc 114 points115 points  (8 children)

Has Zimbabwe considered buying fewer coffees? Or maybe switching to Hulu but with the commercials?

[–]bastermabaguette 50 points51 points  (0 children)

Or not buying avocado toasts 😂

[–]ProjectVRD 12 points13 points  (0 children)

Okay okay don't brag Mr I Have No Red Numbers

[–]CrowKingZero 3 points4 points  (0 children)

We get it you’re rich…

[–]Mick_86 1705 points1706 points  (27 children)

Mugabe's personal account held $217 million at the time.

[–]aleqqqs 741 points742 points  (6 children)

Well, after he won the lottery, it was $217.002.600,–

[–]N64crusader4 29 points30 points  (3 children)

Is that in US or Zimbabwean dollars? Because ones a fortune the others half a loaf of bread

[–]koos_die_doos 195 points196 points  (5 children)

People commenting on this as if u/Mick_86 didn’t just add “million” to the $217 from the article.

[–]mattenthehat 92 points93 points  (3 children)

The crazy thing about this to me is that $217M isn't even that rich in the grand scheme of things. The dude exploits an entire country, and there are still hundreds and hundreds of people richer than him (I got tired of scrolling at 550, where people were still worth $6B).

[–]FuckoffDemetri 63 points64 points  (0 children)

Can't draw blood from a stone, if the country doesn't have money to steal exploiting it won't get you as far as say, a Chinese or Russian exploiter.

[–]rythmicbread 16 points17 points  (1 child)

Dollars or Zimbabwe dollars?

[–]Jhawk163 799 points800 points  (105 children)

All I've learnt from this article is I could live like a king in Zimbabwe for like $10k USD.

[–]Mobely 1226 points1227 points  (81 children)

I get the feeling that you can't actually live like a king in places like Zimbabwe or Haiti. You'd live like a rich guy until the local police come demanding protection money. Then you'd live like a guy trying to flee the country.

[–]JollyGreenGiraffe 419 points420 points  (51 children)

They hinted at that even in Belize when I was there. Told me to stay away from their national defense force alone and the larger police officers. Our guides got us through some sketchy checkpoints. Ran into the ambassador of taiwan in Belize too. https://www.taiwanembassy.org/bz_en/post/1877.html

[–]selz202 232 points233 points  (49 children)

Yeah I have always wondered what's the realistic place you go retire early after you work yourself to death into your 30s or 40s?

I've never quite come up with a place that isn't dangerous, corrupt or where you may be a target for being a wealthy foreigner.

[–]sweetbunsmcgee 173 points174 points  (5 children)

A lot of Americans go to the Philippines for retirement. Last time I was there, I even saw little white kids speaking perfect Filipino. I believe you just have to visit the embassy every 6 months to verify you’re still alive.

[–]JollyGreenGiraffe 71 points72 points  (2 children)

Lead singer of Modern English moved there, figured it had to be cheap to live there going off their limited success.

[–]Mysticpoisen 44 points45 points  (1 child)

They got that 'I melt with you' money. I'm sure that's still good income, what from the covers and whatnot.

[–]JollyGreenGiraffe 23 points24 points  (0 children)

Says his net worth is 500k. Think they only got a few 1000s from their music being used in the 90s.

[–]series-hybrid 6 points7 points  (1 child)

I read Mecico and Philippines are by far the top two places that social security sends US retirement checks to. (Direct deposit)

[–]darkshark21 5 points6 points  (0 children)

That's also the same order as the two highest sources of foreign-born U.S. veterans.

[–]AccursedBear 149 points150 points  (16 children)

Argentina. Extreme inflation and wages not rising even close enough to match it has forced the cost of living to be very low. Last year I paid 4 months of rent by selling my PS4 Pro.

It's not very dangerous as long as you don't go to the obviously dangerous places, and it's basically not dangerous at all in my experience outside of big cities.

It's very corrupt but likely not in a way that affects you. Just keep most of your savings in an account outside the country, in case the government suddenly decides you can only withdraw pesos from the bank. The most corruption I've experienced from police is bullshit fines in some provinces.

And there are lots of rich people here so nobody will see you as a wealthy foreigner unless you are really wealthy.

[–]ottermanuk 62 points63 points  (9 children)

PS not a great idea if you're British

[–]siriuslyharry 23 points24 points  (2 children)

Just be careful what your numberplate is and you should be okay.

[–]banik2008 28 points29 points  (1 child)

My number plate is H982 FKL, do you think I'll be alright?

[–]karl_gd 5 points6 points  (4 children)

Why?

[–]ottermanuk 19 points20 points  (0 children)

Bit of a kerfuffle in the 80s

[–]Cerebral-Parsley 3 points4 points  (1 child)

Falklands War that everyone is still a bit upset about

[–]Vevohve 3 points4 points  (0 children)

Can confirm, live like a king on 1500 usd per month here

[–]AlmostZeroEducation 61 points62 points  (3 children)

Rural America I guess

[–]selz202 38 points39 points  (1 child)

Yeah Kentucky looks almost like an expensive version of that.

[–]acousticcoupler 24 points25 points  (0 children)

I think I'll take my chances in Belize.

[–]osterrei 35 points36 points  (5 children)

Croatia is the answer, one of the safest countries in the world

[–]wcruse92 19 points20 points  (1 child)

Croatia is amazing.

Edit: Should note that from what I've seen the healthcare system is trash, so for someone considering moving there, to be taken into account.

[–]PUSSY-EATER-666 15 points16 points  (0 children)

Croatia is beautiful too, another good one is Portugal it's not too expensive there

[–]IamAbc 21 points22 points  (0 children)

Probably SEA. Like Laos, Vietnam, maybe even the Philippines. They all have corrupt governments as well but it’s not the worst.

You can find apartments there for like $700-$1000 a month and they’re actually super nice. Food and everything is super cheap but the areas are just kinda dirty, but I really think they’re trying to clean everything up and stop all the pollution they do.

I can see a place like Vietnam really becoming an awesome country in 10 years. I have friends I met when I visited there who telework doing IT support and basically make $1500-2000 a month and pay for their apartment and food and go out to clubs and party all the time. Work like 30 hours a week and live like kings.

[–]STRiPESandShades 17 points18 points  (0 children)

One of the British Protectorate islands? Like the Caymans? You have to be fabulously wealthy to get a resident visa but hey...

[–]Call_erv_duty 4 points5 points  (0 children)

Depends on how comfortable you want to be and how much cash you have

[–]ThisAfricanboy 102 points103 points  (23 children)

Actually you absolutely can live like a king in Zimbabwe. Definitely not with $10k. Maybe with that per month.

Zimbabwe has crazy insane levels of wealth inequality with people struggling to feed themselves meanwhile people living in Harare North living in western living conditions.

If you are a well salaried professional in Zimbabwe paid in USD. You're probably living a good life.

Your kid could go to this school whilst you live in one of these houses As you shop here

All with a salary of under $100k a year.

Cops do hassle people but it's pretty much the same as anywhere.

Zimbabwe is very difficult if you are middle class going down. There is a public transport crisis as we speak. If you're not paid in USD you're just kinda fucked. If you're political opposition well good night.

But steer clear of politics, be quite rich, get paid in USD and life is actually quite nice!

[–]FuckoffDemetri 56 points57 points  (7 children)

Man that's barely cheaper than Mississippi, idk if that says more about Zimbabwe or Mississippi.

[–]ThisAfricanboy 12 points13 points  (2 children)

How bad to poor people have it in Mississippi? That's probably where they edge Zim

[–]Bjornoo 12 points13 points  (2 children)

Is that shop website from 2008?

[–]PUSSY-EATER-666 11 points12 points  (0 children)

Looks pretty standard as far as shop websites go and it is Zimbabwe lol

[–]ThisAfricanboy 3 points4 points  (0 children)

Haha it's a bit old

[–]little_he_know 57 points58 points  (2 children)

You'll be well over the poverty line but no where near the top. There are thousands of millionaires and a few billionaires in Zimbabwe who benefit from a heavily corrupt system.

Long story short, the replaced the small colonial minority with a indigenous one that has no idea how to run a nation.

[–]jeffsang 7 points8 points  (0 children)

I visited the Victoria Falls region of Zimbabwe in 2015. Some stuff was cheap, but there were no prices on anything and locals gouged the shit out of foreigners. US dollars were the only accepted form of currency and everyone claimed they never had change. If you ever go to Zim, make sure you bring wads and wads of $5 bills.

[–]BootHead007 2169 points2170 points  (126 children)

So they were actually in the black? Good for them.

[–]A_Soporific 693 points694 points  (16 children)

They weren't in the black. They had $200 in cash on hand...

And they had $8,421,956,554 in debt, according to aggregators.

[–]jarfil 374 points375 points  (14 children)

So, minus the $217... just $8,421,956,337 in debt?

[–]unknownpraline 183 points184 points  (0 children)

Pretty good. Pretty, pretty, pretty good.

[–]spreadsnail 29 points30 points  (0 children)

Not really, they had debts, those 200 bucks were what they had available to pay for stuff

[–]JackHGUK 790 points791 points  (20 children)

The richest goverment on the planet.

[–]blue_strat 314 points315 points  (19 children)

Not at all. This is their literal bank account, like the British Consolidated Fund. Their budget deficit at the time was 2.5% of GDP and total debt 200% of GDP.

[–]atticdoor 299 points300 points  (86 children)

I was gonna say this. It's odd that having as small a sum as $217 instinctively sounds worse than being $10 billion in the red.

[–]Nazamroth 389 points390 points  (20 children)

If you're ten thousand dollars in debt, you're in trouble. If you're ten billion dollars in debt, the bank is in trouble.

[–]tenmileswide 62 points63 points  (0 children)

I'm not locked into this loan with you, you're locked into this loan with me

[–]Kyonikos 142 points143 points  (7 children)

And if you print your own money we're all in trouble.

[–]ProjectVRD 36 points37 points  (6 children)

And if you have your own money and don't use a credit card, you are trouble.

[–]maxout2142 9 points10 points  (2 children)

Except the "bank" is bonds owned by majority of the US population.

[–]diet_shasta_orange 10 points11 points  (1 child)

Which means it's all of our problem, which means that it isnt really much of a problem. We owe ourselves money.

[–]FuckoffDemetri 6 points7 points  (0 children)

I better pay up real quick or I might have to introduce Mr hammer to Mr leg, capeish?

[–]Justice_R_Dissenting[🍰] 119 points120 points  (3 children)

This is how much in hard currency they had. They were still several billions of dollars in debt, the $217 was how much money they had to pay on that debt. It's literally like checking your bank account and seeing "Available balance: $217" while having an upcoming mortgage payment of $2000 due in a week.

[–]Shopworn_Soul 14 points15 points  (0 children)

So like, the 23rd of every month. Cool.

[–]fuktnow 35 points36 points  (56 children)

The US is 24 trillion in debt, that number is too big for me to comprehend.

[–]Tired8281 47 points48 points  (7 children)

If every person on the planet donated the value of seven PS5s to the US government, it'd be paid off.

[–]IntentionallyBadName 19 points20 points  (2 children)

Yeah but do I get seven PS5s?

[–]Tired8281 10 points11 points  (1 child)

No. You get to work to save up enough for seven PS5s then you gotta give it to the government. Democracy, baby!

[–]Dakens2021 213 points214 points  (18 children)

Sure but they were printed on trillion dollar bills.

[–]CCTider 114 points115 points  (16 children)

I actually have thre 100 trillion that's in the thumbnail. That, and a 10 and a 50 trillion dollar bill. They look good on my fridge.

[–]Dakens2021 45 points46 points  (7 children)

It seems like that may have been a missed opportunity for them. Sell those as collector's items. Probably wouldn't have made much of a dent, but if you're down to your last $200 every bit helps.

[–]Zlatarog 42 points43 points  (5 children)

There is an old article of a son and dad investing in them back when the were 2$. And started selling them at $70 or so. They are now worth around $170. I found one randomly in a book in middle school years ago

[–]Super_Tikiguy 21 points22 points  (2 children)

So it is basically the $GME of the ridiculous currency market.

[–]Shamhain13 19 points20 points  (4 children)

My Uncle gave a 100 trillion dollar bill to everyone in my family a while ago, basically saying that this will one day be worth a lot of money. We laugh about it quite often. Last time we looked it up, that 100 trillion dollar bill was worth like .001 $.

[–]CCTider 26 points27 points  (3 children)

I see it for sale online from $100-300, mostly around $200. So your uncle is right, and definitely didn't mean it'll be worth anything in circulation, but as a collectable. I know I bought mine several years ago a lot cheaper than that.

[–]Wetworth 7 points8 points  (1 child)

Wow, I think I paid $5 for mine. I have an investment!

[–]jonoghue 13 points14 points  (0 children)

They're ironically worth way more now than they were when legal tender. back then I bought 3 uncirculated sequential bills for about $5 apiece, they're now selling for over $200 on ebay

[–]panzer22222 241 points242 points  (6 children)

This is like finding some money in a pair of old jeans

[–]sara128 77 points78 points  (3 children)

I work at a drycleaner, and I found a Zimbabwe note for one hundred trillion dollars in a pocket once.

[–]Homeless_Quality 52 points53 points  (1 child)

Wow, you might have buy a whole single loaf of bread with it.

[–]ViscountessKeller 56 points57 points  (0 children)

Unfortunately in the time it took to write this comment inflation made it worth only a single slice.

[–]ChuckEveryone 4 points5 points  (0 children)

Did that even cover the dry cleaning bill?

[–]letstrythisagain5 123 points124 points  (0 children)

$217 would be a hell of a find!

[–]borazine 32 points33 points  (0 children)

I read somewhere that their statistics department couldn’t publish an index of inflation in one particular year because there just wasn’t enough goods in the country to survey.

[–]destruc786 240 points241 points  (1 child)

A Nigerian price then emailed and told them he could turn that $217 into millions, so now Zimbabwe is broke.

[–]Kahless01 27 points28 points  (0 children)

i have one of those bills. saving it for when i wanna retire.

[–]deejeyteejey 27 points28 points  (0 children)

I'm richer than the Zimbabwean govt, niiicce

[–]De_Vermis_Mysteriis 20 points21 points  (6 children)

Oh yes, I own these!

I started collecting dictator and failed state money because it's effectively worthless. I've got Billions from Zimbabwe, CCCP cash from the 80s, Mugabe face money, Iraqi money with Saddam on it and a few others. You can pickup this stuff CHEAP.

Cambodia has some creepy bills with a downed hueyey on it and soldiers with RPGs in the foreground.

[–]RedditGoldDigga 109 points110 points  (0 children)

Have they considered a GoFundMe? I'd give $3 just to round up the number.

[–]bort_bln 11 points12 points  (0 children)

Money can’t buy happiness. Just look at Zimbabwe - for a while, there were only millionaires in Zimbabwe, but they did not seem happier than anyone else.

[–]Poenkel 92 points93 points  (18 children)

South Africa is on the way to the same outcome. Source, I'm South African.

[–]Kane_Messi 7 points8 points  (0 children)

Check Nigerian prince’s account.

[–]castanza128 7 points8 points  (0 children)

"The white farmers are taking advantage of us!!!"
(murders the white farmers)
"Damn. I'm pretty hungry.... anybody know how to farm???"
(famine, corruption, and all sorts of bad shit ensues)

[–]Joseluki 17 points18 points  (0 children)

Another African country's economy destroyed by an African despot, nothing new.

[–]GhettoChemist 279 points280 points  (53 children)

The US is 30 trillion in debt so maybe Zimbabwe could teach us about finance! /s

[–]zjm555 186 points187 points  (20 children)

Zimbabwe solution: print a $30 trillion bill, problem solved.

[–]CasualAdultery 71 points72 points  (16 children)

In fairness, that's more or less exactly how the U.S. pays its debt.

But most U.S. debt is in long term bonds, so you just print it slowly over time rather than all at once.

[–]FrogTrainer 58 points59 points  (1 child)

so you just print it slowly over time rather than all at once.

I got bad news about 2020

[–]AlleKeskitason 6 points7 points  (0 children)

If you accept Zimbabwean currency, I have enough money to help your government out and even have some change left after that.

[–]Oh_No_Its_Dudder 4 points5 points  (0 children)

Big money! I hope they didn't spend it all on penny candy and moon pies.

[–]TheWalkingDead91 4 points5 points  (0 children)

So you’re telling me that I have half the amount in my account as an entire country?!?

That’s what I’m talking bout!!

[–]Baalwulf06 3 points4 points  (0 children)

That's a lot in Zimbabwe money