Zimbabwe: Best Performing Stock Market in 2007?

zimbabweindustrialindex.jpg

“Something odd is happening.

The Zimbabwe Stock Exchange (the ZSE) is the best performing stock exchange in the world, the key Zimbabwe Industrials Index up some 595% since the beginning of the year and 12,000% over twelve months. This jump in share prices is far in excess of increases in consumer prices. While the country is crumbling, the Zimbabwean share speculator is keeping up much better than the typical Zimbabwean on the street.”

What’s going on here?  I know…..but do you?

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~ by searching4alpha on April 12, 2007.

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