Financial Reckoning Day Fallout: Surviving Today's Global Depression

Overview

When the original edition of Financial Reckoning Day waspublished early in this decade, many felt that maverick financialwriters William Bonner and Addison Wiggin were overly critical ofthe United States' increasing debt and unfair in theirforeshadowing of economic catastrophe.

Fast-forward to 2009, and much of what the authors predicted hascome true—high unemployment rates, record-settingforeclosures and bankruptcies, as well as the near ...

See more details below
Hardcover (Anniversar)
$24.29
BN.com price
(Save 13%)$27.95 List Price
Other sellers (Hardcover)
  • All (49) from $1.99   
  • New (11) from $1.99   
  • Used (38) from $1.99   

Overview

When the original edition of Financial Reckoning Day waspublished early in this decade, many felt that maverick financialwriters William Bonner and Addison Wiggin were overly critical ofthe United States' increasing debt and unfair in theirforeshadowing of economic catastrophe.

Fast-forward to 2009, and much of what the authors predicted hascome true—high unemployment rates, record-settingforeclosures and bankruptcies, as well as the near global collapseof financial institutions once thought to be so secure.

With Financial Reckoning Day Fallout, Bonner and Wigginreturn to reveal even more down-to-earth wisdom and help you chartyour own financial destiny in today's precarious investing climate.Expanding upon the ideas they put forth before the current globaldownturn unfolded, the authors discuss what's behind it all, what'sin store, and what you can do to safeguard your investments.

Written in conjunction with the tenth anniversary of theauthors' popular financial newsletter—The DailyReckoning (www.dailyreckoning.com)—this fully updatedguide effectively explains that the hazards of democratic consumercapitalism and the financial follies of history are not a thing ofthe past, but an ongoing issue with no end in sight. Along the way,it also explores what's really going on beneath the surface andoutlines the steps you need to take to survive the growing globaldepression. Topics touched upon throughout these pages include:

  • How the current economic downturn relates to worldwide eventsfrom a historical perspective
  • Why high-spending, high-borrowing consumerism "leveraged" theU.S. economy and what you might expect from the global depressionahead
  • What the legacy of Fed chief Alan Greenspan "ought" to be
  • Why Japan's "miracle economy" unexpectedly collapsed and whatthis example means for us now

Honest and accurate, Financial Reckoning Day Falloutoffers you the best chance to protect your assets and grow yourportfolio in these difficult financial times.

Read More Show Less

Editorial Reviews

From Barnes & Noble
This is the second edition of Financial Reckoning Day Fallout, but you probably don't remember the first. When it was published in 2003, investors weren't eager to hear prognostications about vicious cycles of credit and the coming puncture of speculative bubbles. This edition elucidates what happens next and how you can best survive in this ongoing crisis.
Read More Show Less

Product Details

  • ISBN-13: 9780470483275
  • Publisher: Wiley
  • Publication date: 8/3/2009
  • Series: Agora Series, #38
  • Edition description: Anniversar
  • Edition number: 2
  • Pages: 464
  • Product dimensions: 6.10 (w) x 9.10 (h) x 1.70 (d)

Meet the Author

WILLIAM BONNER is President and CEO of Agora Financial, oneof the world's largest financial newsletter companies(www.agorafinancial.com). He is the creator of the DailyReckoning (www.dailyreckoning.com), a financial newsletter withmore than 500,000 readers in the United States, Great Britain, andAustralia, and is translated daily into French, German, andSpanish. Mr. Bonner is also the author, with Addison Wiggin, of theinternational bestsellers Financial Reckoning Day (first edition)and Empire of Debt and coauthor of the bestselling Mobs,Messiahs, and Markets with political writer Lila Rajiva.

ADDISON WIGGIN is the Executive Publisher of AgoraFinancial (www.agorafinancial.com). He is the Executive Producerand a writer of the feature-length documentary film I.O.U.S.A.,which was nominated for the Grand Jury Prize at the 2008 SundanceFilm Festival and nominated for a 2009 Critics Choice Award. Mr.Wiggin is also the author, with William Bonner, of theinternational bestsellers Financial Reckoning Day (firstedition) and Empire of Debt, and author of the bestsellingThe Demise of the Dollar . . . And Why It's Even Better for YourInvestments.

Read More Show Less

Table of Contents

Foreword.

Preface to the 2009 Edition: Confessions of a NewsletterMan.

Acknowledgments.

INTRODUCTION.

CHAPTER 1: The Gildered Age.

CHAPTER 2: Progress, Perfectibility, and the End of History.

CHAPTER 3: John Law and the Origins of a Bad Idea.

CHAPTER 4: The Era of Crowds.

CHAPTER 5: Turning Japanese.

CHAPTER 6: The Fabulous Destiny of Alan Greenspan.

CHAPTER 7: Reckoning Day: The Deleveraging of America.

CHAPTER 8: The Hard Math of Demography.

CHAPTER 9: Moral Hazards.

Notes.

Bibliography.

Index.

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously
Sort by: Showing 1 – 3 of 2 Customer Reviews
  • Posted October 21, 2009

    more from this reviewer

    Very Insightful

    I love how the authors weave what is going on today with history. The more we think we know the more things never change.

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted December 21, 2009

    No text was provided for this review.

  • Anonymous

    Posted October 3, 2010

    No text was provided for this review.

Sort by: Showing 1 – 3 of 2 Customer Reviews

If you find inappropriate content, please report it to Barnes & Noble
Why is this product inappropriate?
Comments (optional)