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Empire of Debt: The Rise of an Epic Financial Crisis

Empire of Debt: The Rise of an Epic Financial CrisisAuthors: William Bonner, Addison Wiggin
Publisher: Wiley

List Price: $16.95
Buy Used: $6.99
as of 3/20/2010 19:48 CDT details
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New (13) Used (25) from $6.99

Seller: Ivy_League_Books
Rating: 4.0 out of 5 stars 123 reviews
Sales Rank: 170091

Languages: English (Original Language), English (Unknown), English (Published)
Media: Paperback
Pages: 384
Number Of Items: 1
Shipping Weight (lbs): 1.1
Dimensions (in): 8.8 x 6 x 1.2

ISBN: 047198048X
Dewey Decimal Number: 336.340973
EAN: 9780471980483
ASIN: 047198048X

Publication Date: October 6, 2006
Availability: Usually ships in 1-2 business days
Condition: In a good to very good condition. A copy that has been read, but remains in clean condition. All pages are intact, and the cover is intact (including dust cover, if applicable). The spine may show signs of wear. Pages can include limited notes and highlighting, and the copy can include "From the library of" labels. WE HAVE BEEN RATED AMONG THE TOP HOLIDAY SELLERS FOR 2009 BASED ON OUTSTANDING PERFORMANCE ON THE BASIS OF NET SALES WITH OUR CUSTOMER SATISFACTION METRICS RECEIVING THE HIGHEST MARKS. Shipping within 24 hours Monday-Friday. 100% Satisfaction Guaranteed.

Customer Reviews:
Showing reviews 11-15 of 123



5 out of 5 stars Who was surprised?   September 26, 2008
Dogbert (Seattle, WA)
4 out of 5 found this review helpful

I just finished the book in time to turn on the news that my bank, WaMu, has been seized and sold in one motion. Now the boys in Washington are telling us that they were caught by surprise and have to craft a solution that needs to be passed in days if not hours. President George "Chicken Little" Bush has appeared to tell us that we will face the fires of hell if we don't pass his (and his cronies) best guesses at a solution. Hmmm, WMDs anyone?

Bonner and Wiggin predicted the whole thing well in advance and since I don't subscribe to the divine revelation theory of economic analysis it is clear to me that the situation was clear to others as well. Evidently none of those people were at the SEC or in goverment until yesterday. Glad they could show up but I am seriously frightened by what they might do now that they are belly up to the bar.

We, as a people, have got to get educated and yesterday would have been a good day to start. This book is an example of the information that is available. It is up to us to begin to us it.

Bonner and Wiggin recommend gold but that is clearly indicated to be a strategy available to the less connected and less sophisticated investor. For the savvy folks who are in Martha Stewarts phone tree, they recommend investments in companys in contrast to stocks. The company performance is the criteria, not the stock and they require different approaches that are explained in the book. The basic difference is the amount of effort and the methodology for investment. Personally that phone tree looks pretty good to me...

Good luck everyone.



5 out of 5 stars Economics with a Flair of Irony   August 8, 2008
Andrew S. Cofrin
2 out of 4 found this review helpful

I love this book. I must have read it thru ten times already.

Don't let the title scare you. Bonner and Wiggin bring a dull subject to life with an irreverent but refreshing take on history.

"Would the nation be better off if Lincoln had not slaughtered so many Southerners?" they ask. "Would world history have been worse if Wilson had not meddled in World War 1."

Political correctness is cast aside. Party propaganda is ignored. National heroes get skewered. "The most popular American presidents were those who stole most beautifully," they intone, describing the logic of democratic larceny. These guys love to poke fun at pompous politicians.

The authors do get serious. After relating the rise and demise of past empires, they report that America is headed for the same fate. She has moved away from her founding principles, away from the freedoms of republic and into the clutches of empire.

With the inexorable rise of the state come delusions of grandeur and pseudo patriotism. Government intrusion crowds out free enterprise. Civil liberties are tossed in favor of fast money. Original thought gives way to corporate cool. History is relegated to the dustbin.

We are consumed with the running of empire. We mind everyone's business but our own. We shred the Constitution for wars without end.

Wave good-bye to the American Republic. Say hello to the Empire of Debt.



5 out of 5 stars Money   August 5, 2008
H. Jahns (India)
If you want to know what is going on in the world of money today, here is the book to read. Very well written. It describes in detail and easy understandable form the diease of todays financial world. If everybody would have read this book two years ago it would have protected a lot of people from personal loss or bankruptcy. Thank you for speaking the uncomfortable truth.


5 out of 5 stars The shock value of this true book makes it a gripper and an epic classic   July 23, 2008
John Grimsrud (Merida, Yucatan, Mexico)
1 out of 2 found this review helpful

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 remembers the Great Depression. They borrowed reluctantly, saved eagerly, and made the United States the Greatest power on earth. Their children still talked their parents' talk, but didn't mind walking off in a different direction when the wind was at their backs. And their grandchildren? The newest generation seems to have no regard whatever for the virtues of their grandparents or the futures of their grand children. They disregard the wisdom of the dead, and load up the unborn with debt."



4 out of 5 stars Epic Financial Crisis   July 6, 2008
keith renick (Peachtree City, Ga. USA)
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.

Showing reviews 11-15 of 123



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