Empire of Debt: The Rise of an Epic Financial Crisis

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Empire of Debt: The Rise of an Epic Financial Crisis
by William Bonner, Addison Wiggin
from Wiley

Customer Reviews:

• Avg. Customer Rating: 4.0 / 5.0

• The shock value of this true book makes it a gripper and an epic classic
  THE EMPIRE BUSTING BUBBLES;
  Empire of Debt by Bill Bonner and Addison Wiggin
  Page 48; in 1989, "American democratic imperialism triumphed unmistakably against its adversary-the Evil Empire. The Good Empire was the last one standing; God had shined its light on us and would never turn it off.
  Many people said many dumb things in the twentieth century..."
  The shock value of this true book makes it a gripper and an epic classic.
  Page 317-318; "The oldest generation of Americans... more info

• Epic Financial Crisis
  I enjoyed this book. Mr. Bill Bonner is too political for me and sometimes he's just trying to be cute, but overall I enjoyed reading the book and I personally like the newletters put out by Mr. Bonner's Agora Inc. I am a paid subscriber to some of these news letter which gives good investment advice. Regards, Keith Renick, Peachtree City, Ga.

• A witty book on finance and economics
  It's rare that a book on the topic of deficits, consumer spending, economic growth, and globalization would also be this entertaining. Bonner and Wiggin have it right about the American empire: it is an empire of debt. As such, it is unsustainable.
  Some reviewers here seem to think it is wrong to repeat the key ideas of a book. If these ideas had not been elaborated upon in different ways, you probably would've missed them.
  Some see this book as too 'gloomy'. I understand. But surely it's better... more info

• TOO MUCH EMPIRE
  The authors' theory about the U.S. economy seems to boil down to saying about 500 times that having become an empire the United States is doomed to endure the fate of previous empires. To drive home the point, readers are treated to page after page about the travails of the Athenians, Romans, Mongols, Venetians, Spanish, British, etc.
  The seeds of empire were sown in 1913, when the Constitution was amended to permit a federal income tax and the Federal Reserve System was created.
  It seems that our... more info

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