Showing posts with label Belarus. Show all posts
Showing posts with label Belarus. Show all posts

Wednesday, August 31, 2011

Belarus Runs Out of Meat as Russians Exploit Currency Plunge

You want to know what hyperinflation looks like?  Two words:  empty shelves.  Coming to a supermarket near you if the USDollar continues to be destroyed. 

http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/08/31/bloomberg1376-LQR4C61A74E901-7DK6G2IBM2PT0V7J49MOIVVJDG.DTL

Sunday, June 5, 2011

Welcome To Hyperinflation Hell: Following Currency Devaluation, Belarus Economy Implodes, Sets Blueprint For Developed World Future

Anybody need the blueprint for hyperinflation as a result of a currency collapse?  Belarus is providing us a real-time example.


http://www.zerohedge.com/article/welcome-hyperinflation-hell-following-currency-devaluation-belarus-economy-implodes-sets-blu
Note the parallels to Greece, which would follow the same fate if it were to make the choice of returning to the drachma.

Alas, there is nothing left to add: this is the future, and it is coming to a developed country near you.