Friday 20 February 2015

Warnings for Nations That Print Money - Talk

Cape Town Book Launch

When Money Destroys Nations

“The simplicity, clarity, and great use of metaphors in this book make When Money Destroys Nations a warning for the rest of the world. It makes me ask: ‘Will the U.S. be next?’” 
Robert Kiyosaki
Educator, Entrepreneur, Investor and Author of Rich Dad Poor Dad

In their book, When Money Destroys Nations, authors Philip Haslam and Russell Lamberti tell the fascinating story of Zimbabwe’s economic turmoil and how ordinary people survived. In late 2008 the Zimbabwe dollar collapsed after eleven years of unrestrained money printing. Hyperinflation had blazed out of control, turning lives upside down as soaring prices destroyed the once prosperous economy. This book reveals the ominous parallels between Zimbabwe and countries around the world that are printing money to fund their debts.

Date:                Thursday 26 February
Time:               12 noon for 12h30
Venue:             The Pavilion, Kelvin Grove Club
Speaker:           Philip Haslam


 On a recent trip to Johannesburg,  people were talking about this book and saying how accessible it was to the non-financial person and also fascinating. I contacted the authors and publishers and to our good fortune author Philip Haslam is visiting Cape Town and has agreed to give a talk as well as answer some of our financial questions.  He will also briefly discuss the Macro aspects of the Budget.


Philip Haslam is a qualified chartered accountant and economic advisor, writer and speaker. As a speaker, he regularly presents to a variety of audiences on money, banking and the international financial system. Philip has lived in both Europe and America, and currently resides in his hometown of Johannesburg. He runs a business with other economists providing macro-strategy consulting advice to companies to inform their strategies. He says “As the global economy changes significantly with massive money printing schemes, the effects will impact us all. And therein lies the risk and the opportunity.”  

Could other nations be following in Zimbabwe’s footsteps? Read this book to find out.

The menu is a starter and a main course with coffee to follow. There will be a limited cash bar on the day; the Kelvin House Wine is reasonable and highly recommended.  As always a Vegetarian option is available, please let me know when making your booking.  The cost is R200 per person.

Book by email to sandybailey@telkomsa.net or telephone me on 021 685 8016.

Praise for When Money Destroys Nations 

“To understand the future you must first understand the past. Haslam and Lamberti have done a great job at documenting the Zimbabwean hyperinflation in an easily readable manner. Even if you haven’t studied economics or central banking, you’ll be able to understand what happens when countries print money and why hyperinflation is coming to countries across the world, including the US dollar.”
Jeff Berwick
CEO and founder of The Dollar Vigilante


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