Empire of Debt: The Rise of an Epic Financial Crisis

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Wiley, Apr 20, 2006 - Business & Economics - 320 pages
65 Reviews
In no-nonsense prose, Empire of Debt confronts critical concerns about the position of the United States as the world's leading economy and great military might. For many years, the United States has been the country from which others sought advice, money, and a high return on investment. At the same time, Uncle Sam has descended from being the world's largest creditor to its greatest debtor. Why the paradox?The team that conceived the international bestseller Financial Reckoning Day offers the first in-depth look at how Americans abandoned sound traditions of economic freedom, personal liberty, and fiscal restraint, favoring instead government control of the economy, unfettered deficit spending, gluttonous consumption, and fearless military adventurism, all of which have ravaged the business environment, devastated personal balance sheets, and led the global economy to the brink of financial crisis. The authors argue there will be a dramatic change in the economic power of the United States in the coming years that will inevitably impact every American. Understanding this is critical for everyone, from lawmakers and corporate leaders to investors seeking safe places to invest retirement funds. Despite the serious topic, the authors' irreverent style entertains as they find humor in a precarious financial situation. Order your copy today.

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Very educational, very entertaining. - Goodreads
... not a bad premise and it's a humorous book. - Goodreads
... large font size. - Goodreads

Review: Empire of Debt: The Rise of An Epic Financial Crisis

User Review  - Lee - Goodreads

one of those books that tells you what to think and only superficially and selectively touches on historical events when needed to support the author's conservative libertarian ideology. large font ... Read full review

Review: Empire of Debt: The Rise of An Epic Financial Crisis

User Review  - Lee - Goodreads

one of those books that tells you what to think and only superficially and selectively touches on historical events when needed to support the author's conservative libertarian ideology. large font ... Read full review

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About the author (2006)

WILLIAM BONNER is President and CEO of Agora Inc., one of the world's largest financial newsletter companies. Agora is headquartered in Baltimore and has offices overseas in London, Paris, Ireland, Bonn, Madrid, Melbourne, and Johannesburg. Bonner is the creator of the Daily Reckoning, a contrarian financial newsletter sent via e-mail (www.dailyreckoning.com). Mr. Bonner is also the coauthor, with Addison Wiggin, of the international bestseller Financial Reckoning Day and author of Mobs, Messiahs, and Markets (both published by Wiley).

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.

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