Tuesday, July 3, 2007

Supply and Demand: Machetes

“The price of machetes has halved in parts of Nigeria since the end of general elections in April because demand from thugs sponsored by politicians has subsided, the state-owned News Agency of Nigeria reported.”…

”Machetes are primarily used as a tool for farming in Nigeria
but they are also popular among political gangsters.”…

”European election monitors estimated that at least 200 people were killed in politically motivated violence during months of campaigning ahead of the April polls."

Price of machetes drops in Nigeria after elections

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