One of the few places of market optimism on Friday was Zimbabwe, an economically troubled part of Africa. The Zimbabwe Industrial Index gained 249.90% on Friday in a bizarre response to the country's hyperinflation. Many vendors prefer to barter rather than accept near worthless cash, so residents with extra money are piling it into the stock market, hoping for gains once the country's violent political situation is resolved.
Go for it. Zimbabwe beats Wall Street these days, that's for sure.
Friday, October 24, 2008
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