Here is the third letter I promised you. In my earlier letters I’ve explained “what happened” and “what’s coming.” Today, I want to answer the questions you’ve asked regarding “what can I do to prepare myself and my family.”
The focus has to be on ‘value’ and ‘values.’ These are the concepts that too many of us have forgotten, celebrities dismissed as old-fashioned or politicians tried to convince us were no longer necessary.
The good news is that our current economic mess is manmade. We did this to ourselves by continuing to elect politicians who sold our country to militant community activists, greedy mortgage brokers and Wall Street types who placed profits above anything else. We were all involved, Republicans, Democrats and Independents. We made this problem by choosing to believe the lie that we could have it all and have it right now. But being manmade means we also have the capacity to solve it.
Zimbabwe’s inflation rate, already one of the highest in world history, rose from an annual rate of 11 million percent in June to 231 million percent in July, according to official statistics reported by the state media. Rising prices for staple foods are driving the price increases, making it increasingly difficult for people to afford food. Talks on details of a power-sharing deal involving the opposition leader Morgan Tsvangirai that might halt the economic decline are deadlocked, Mr. Tsvangirai said.