Book Description:
Those of us who have always lived in America speak of the economic “crashes” our country has experienced and survived. However, we have never experienced genuine economic collapse, or the terrifying reality of a country where central banking and inflation have led to anarchy. Author Svetoslav Elenkov gives a uniquely valuable first-hand account of life in a country torn apart by economic disaster, and shows the connections between money, central banking, inflation, and the real impact on everyday people of corrupt and short-sighted government policies. Experience what it is like to live in a world where violence erupts as protests are ignored; where the powerful send men armed with shields and batons to assault citizens innocently celebrating at a party. Immerse yourself in a world where government buildings are attacked, where AK-47s open fire, where RPGs wreak havoc. Learn about what causes these extreme conditions, and what we, as citizens, need to know about both prevention and survival in a worst-case scenario.
Review
Well written and informative, this book makes you rethink finance and politics.
I love the story about the pastries and hyperinflation. There is never a good time when you can afford something. I also enjoyed reading the bit where the US believing they are capitalists are somewhat socialistic in their socio-economic plans. The concept of insurance and how it is put across by the author was most interesting. The idea of the have nots thinking they never progress has been dealt with impressively as progress and success is always measured by most people in terms of wealth. In this case even having drinking water is progress!!
This book addresses core issues but does not make it heavy for the reader. It has an easy flowing style that holds the readers attention from start to finish.
Definitely highly recommended.