Leseprobe

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Leseprobe

Financial Reckoning Day

Name: Financial Reckoning Day
Author: William Bonner, Addison Wiggin

Surviving the Soft Depression of the 21st Century

William Bonner, Addison Wiggin

PDF

11,99 €

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John Wiley & Sons

Ratgeber / Geld, Bank, Börse

Beschreibung

"History shows that people who save and invest grow and prosper, and the others deteriorate and collapse. As Financial Reckoning Day demonstrates, artificially low interest rates and rapid credit creation policies set by Alan Greenspan and the Federal Reserve caused the bubble in U.S. stocks of the late '90s. . . . Now, policies being pursued at the Fed are making the bubble worse. They are changing it from a stock market bubble to a consumption and housing bubble. And when those bubbles burst, it's going to be worse than the stock market bubble . . . No one, of course, wants to hear it. They want the quick fix. They want to buy the stock and watch it go up twenty-five percent because that's what happened last year, and that's what they say on TV." --Jim Rogers, author of the bestseller Adventure Capitalist from the Foreword to Financial Reckoning Day Advanced praise from bestselling authors "An investment book that will not only enlarge your investment horizon, but also make you laugh and thoroughly entertain you for a few hours." --Dr. Marc Faber, author of the bestseller Tomorrow's Gold "Financial Reckoning Day is . . . in the category of scintillating sex or good vision, something to be savored and enjoyed-before it is too late." --James Dale Davidson, author of the bestseller The Great Reckoning and The Sovereign Individual "A powerful and insightful vision . . . each paragraph stimulates a new rush of thoughts that fills in gaping holes in the investor's understanding of what has happened to their dreams . . . while prepping them to confront any new confusion that may arrive." --Martin D. Weiss, author of the bestseller Crash Profits

Rezensionen

(GetAbstract.com)
"This book is an intellectual tour de force."

(Accounting Technician, May 2004)
"...a very level-headed book for adventurous readers."

means for investors. (Best Business Books 2003, Library Journal, March 15, 2004)
This worthwhile, well-organized book presents insights into the current U.S. economy by comparing contemporary economic events with historical ones, especially such systems as Japan's in the 1990s and the United States in the 1930s. Find out why high-spending, high-borrowing consumerism leveraged the U.S. economy and also what the "soft depression"

(The Journal, Newcastle, 5 February 2004)
"...The authors...come up with some disturbing conclusions..."

(www.iii.co.uk (AMPLE), 6 January 2004)
"...every serious investor should read this book..."

(The Telegraph, 13 December 2004)
"...the book has rattled me enough to prompt further inquiry."

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