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Wake Up!: Survive and Prosper in the Coming Economic Turmoil

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'This book is a dramatic wake-up call to investors. It portrays an apocalyptic future of high risk and low rewards. It is well informed and highly readable. While some may dispute the author's bleak vision, this is nevertheless required reading for anyone who wants to understand the massive changes hitting the world's economies in the coming decades.' Luke Johnson, Chairman of Channel 4 and Signature Restaurants and Columnist for The Sunday Telegraph.

'This book is a compelling recital of serious points upon which all citizens, whether professional investors or not, will have to make up their mind.' Simon Cawkwell (aka "Evil Knievil", leading British Bear).

'If you are not yet worried about the financial future you should be. The global economy isn't as healthy as you think it is. Wake Up! explains why and then tells you exactly what to do about it. A brilliantly written and very convincing financial horror story. A must read for anyone who wants to preserve their capital over the coming decade.' Merryn Somerset-Webb, Editor of MoneyWeek and Sunday Times Columnist.

300 pages, Paperback

First published November 11, 2005

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Jim Mellon

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Profile Image for Jessito (Reny).
57 reviews3 followers
March 30, 2020
A friend of mine recommended this book for investment advice. Looking at its cover, I assumed it would contain bold statements and a lot of wow facts. To be honest, it turned out to be exactly like that.

The first 4 chapters focus on setting the scene through historical data and basically a history lesson. I like history, so normally, I don't mind when books take this path. However, the facts presented were something I find general knowledge should cover, and not something new and eye-opening.
The fifth chapter was the actual investment advice that was the reason I read the book. It is good advice, and the authors did a good job presenting it in an understandable way. Still, it sounded more like common logic than anything else.

The tone of the book is very doomsday-like, which is something US publishers often use to make people buy books, and that is something I did not really appreciate. I will however give props to the authors for correctly predicting certain events which occurred in the past 15 years since the book was written.
While sitting under a lockdown due to the coronavirus, I found it somewhat ironic how they mentioned a potential future virus as an economic threat all those years ago.

It is a fun book to read for people who rarely think about the business world, but if you have a business background, it will not bring anything new for you.
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