Riches among the Ruins: Adventures in the Dark Corners of the Global Economy - Robert Smith and Peter Zheutlin.

[ACooke]

Just finished this.

 

Very entertaining and fascinating book that spans mostly the late 20th century and talks of the author's many decades structuring deals to collect on debt denominated in capital-controlled and inflationary currency or owed by war torn governments. To do so he trades huge sums with shady black-market currency-traders compiling small collections sent home by workers working in foreign countries for USD and collects in everything from government granted equity stakes in small private enterprises, and property, war-currency, white goods in the form of foreign made washing machines.

He visits Vietnam, El Salvador, Turkey, Iraq, Brazil, Guatemala and so forth.

 

Super fun book.

[Xerxes]

Fascinating !

sounds like an interesting book