HOW THE LESSONS OF ZIMBABWE'S FINANCIAL CRISIS TEACHES AMERICANS WHAT TO DO On November 14, 1997, the massive loans taken by the government of Zimbabwe came to a sudden halt and our currency nearly completely collapsed. We call it Black Friday. In one day, the US dollar went from being worth 12 Zimbabwe dollars...to $75. In the weeks that followed, we watched a loaf of bread go from $1 to $7. Gasoline was even worse. But the amount of money in our bank accounts was still the same. We were terrified. There was nothing the people of Zimbabwe could have done to prevent Black Friday, BUT…there were choices they could have made before that which might have protected them for when it hit. My concern is that I'm seeing some of the same issues coming up in the US that were on the horizon in Zimbabwe back then. This book helps readers see how they can protect themselves in these times when US inflation seems geared to get worse, not slow down. Although the two nations are different is so many ways, many economic influences cross all cultures, financial structures, and political agendas; the comparison is actually far more similar than many would think. Don't miss out on this crucial information that could make all the difference in your financial stability.
