The Baseline Scenario

What happened to the global economy and what we can do about it

Zimbabwe and the Financial Crisis

Or, yet another reason why the financial crisis matters

In Zimbabwe, site of some of the deepest suffering in the world today, Robert Mugabe reneged on a power-sharing deal with Morgan Tsvangirai and the opposition party. Sure, he might have done it anyway, but it’s a lot easier when the world’s attention is elsewhere and every major power has other things to worry about. We rarely comment on non-economic issues, but in hard times, you can watch for more and more behavior like this.

Please comment if you’ve seen other cases of politicians using the crisis as cover for things they might not try otherwise.

Written by James Kwak

October 11, 2008 at 11:53 am

Posted in Commentary

Tagged with

Follow

Get every new post delivered to your Inbox.

Join 9,579 other followers