Customer Reviews:
Showing reviews 1-5 of 13
 Good historical information August 14, 2009
Mariusz Skonieczny (ClassicValueInvestors.blogspot.com)
I wanted to read this book because the topic of the U.S. dollar falling has been all over the news. I like how the author of this book explained the history of how we got off the gold standard and persuaded U.S. trade partners to peg their currencies to the U.S dollar. He argues that the change, which was over 30 years ago, is one cause of economic problems today. The gold standard was a way for countries to fix the value of their currencies based on amounts of gold reserves.
After reading this book, readers can expect to feel scared. For example, he says:
"The consequences [of falling U.S. dollar] will be huge declines in the stock market, savings becoming worthless, and the bold market completely falling apart."
"As the value of the dollar falls, that dollar will no longer be worth a dollar; it will be worth only pennies on the dollar."
- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market
Some good non-traditional investment strategies January 14, 2009
Paul Canan (California, United States)
1 out of 1 found this review helpful
Based on another viewers advice, I read the last chapter #8 that was 30 pages long. This is the real meat of the book for readers looking for how-to ideas. There are some very unique insights and several great ideas to consider how to prosper with the declining dollar, coming inflation, and how to invest short and long term. For example, you can bet against the dollar, the low ongoing Yield's of T-bills, invest in gold and energy, Australia whose natural resources will be needed by many including China, etc. The preceding chapters appear to be more background economic materials though I could be wrong since I did not read them and merely glanced through them.
 Repetitive November 1, 2008
B. Morris (Trabuco Canyon, CA United States)
Very repetitive. Could have been half the size it is. I will say it was spot-on about the current credit crisis. A quick summary of the book...the US is deep into debt so the value of the dollar is down, buy gold.
 I felt it was poorly written. July 13, 2008
B. R. Decker (Monterey, CA, U.S.A.)
3 out of 4 found this review helpful
I purchased this book to hear various points of view on the US and global economy. Having chapters 1 through 4, I skipped to the final chapter 8 where the author finally presents his recommended course of action.
Overall, however, I felt the book was poorly written. It is filled with repetitive and alarmist language, somewhat like you may expect to see on a newscast. I also felt it was insufficiently backed up with references and hard numbers. Much of the text would not be accepted on Wikipedia without those annoying "citation needed" tags.
Long story short, I plan to return my copy to Borders tomorrow and have posted here to register my dissatisfaction.
Educate yourself... June 5, 2008
DarKow (Seattle, WA)
1 out of 1 found this review helpful
A quick yet informative read. The book is really a collection of semi-organized essays. It gets fairly repetative, with the author driving home his point in a multidude of ways, but with good intentions. He does a good job explaining concepts, and this could have been an entry in the "...For Dummies" series. Disappointingly there is little positive advice, only a few pages at the very end. If anything it opened my mind to how mismanaged our economic policies are, and the most important thing I learned is that I need to be more proactive about educating myself and investing for my future. A bit like waking up out of the Matrix.
Showing reviews 1-5 of 13
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