In Empire of Debt, maverick financial writers Bill Bonner and Addison Wiggin provide you with the first in-depth look at how the American character has shifted to accommodate its new imperial role; how we have abandoned the private virtues of personal liberty, economic freedom, and fiscal restraint; and how the government has gained control of public life and the economy.
|Series:||Agora Series , #58|
|Sold by:||Barnes & Noble|
|File size:||958 KB|
About the Author
ADDISON WIGGIN is the Editorial Director and Publisher of the Daily Reckoning. He is also the author of the international bestseller The Demise of the Dollar And Why It's Great for Your Investments (now in it's second edition), and coauthor, with William Bonner, of the international bestseller Financial Reckoning Day.
Most Helpful Customer Reviews
Just when you thought you had heard the dangers of the staggering U.S. national debt described from every possible perspective, authors Bill Bonner and Addison Wiggin present it as history. Their fervent approach puts this problem and the American empire into a global and historical context. From the ancient Greeks to President Woodrow Wilson's misguided adventures in Mexico and Europe, to the prolonged Japanese deflation crisis, the account reads like a historical novel instead of a history. The authors' writing is refreshing and witty ¿ which is important, since politicians, citizens and the media tend to fall asleep as soon as anyone mentions either imperialism or the national debt, which the authors see as a financial house of cards. Readers may (in fact, probably will) disagree with some of their more politicized projections and opinions, but their contrarian perspective is an intriguing light to shine on such an ambitious, controversial topic. We recommend this book to history buffs, investment managers and journalists.
I highly recommend Empire of Debt. It is insightful, visionary, and witty. Although its theme is to sound an alarm, the book is enjoyable to read and entertaining as well. After reading it you will want to realign your personal investments to be prepared.
The amount of money is massive and will keep the economy going for another 40 years.