Zimbabwean underwear controls take elasticity out of the law of supply and demand

February 4, 2012

This photo was sent to Alf this week with a challenge: please explain what’s going on.

The hard-working member for Eketahuna North doesn’t know for sure the circumstances in which the photo was taken.

But he has a shrewd idea of what might be going on.

The picture no doubt was taken in a Chinese school and most of the lasses in the front row obviously were wearing made-in-China knickers.

The picture must have been taken before Zimbabwe’s authorities banned the importation of second-hand underwear.

Read the rest of this entry »