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news.goldseek.com >> 11 November 2009 |
Zimbabwe: A Fresh Start
By: Alf Field
In February 2009 Zimbabwe was the only country in the world without debt. Nobody owed anyone anything. Following the abandonment of the Zimbabwe Dollar as the local currency all local debt was wiped out and the country started with a clean slate.
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news.goldseek.com >> 16 April 2009 |
Concluding Commentary
By: Alf Field
The fact is that anyone with an understanding of monetary history could have predicted the inevitability of the current financial crisis. Only the timing of the onset of the crisis and the trigger that started it were areas of uncertainty. I first publicly predicted the current crisis at the Gold Rush 21 Conference in August 2005. I was a delegate, not a featured speaker. The talk was impromptu and off the cuff.