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The Next Big Crash: Conspiracy, Collapse, and the Men Behind History's Biggest Heist
202 pages, Kindle Edition
Published February 19, 2026
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Displaying 1 - 2 of 2 reviews
July 29, 2026
If you have money in stocks or bonds, you should read this book for information about your holdings. The book is organized into five chapters and a final section of 304 endnotes, so it is well documented. The author lets the reader know when he speculates of the meaning or outcome of the facts he brings forth; that gives the reader an opportunity to accept the author’s ideas or not.
Chapter one gives reasons that a reset is coming. He doesn’t predict when or how it will occur but gives a variety of reasons that show the US in on course for a crash. He mentions the national debt, inflation, the fragility of the markets, and so forth. If you follow the financial markets at all, you will recognize his points.
Chapter two explains how the structure of holding certificates changed from having paper stock certificates in personal custody to now having entries at a brokerage in electronic form. The author discusses the Depository Trust Company (DTC), the Depository Trust and Clearing Corporation (DTCC), Cede and Company, and the Uniform Commercial Code (UCC). He explains their relationships and what changed, how, and why. Stockholders now own security contracts called security entitlements, which are not the same as outright owning the stocks themselves.
Chapter three focuses on the people primarily responsible for these changes. He names a few and speculates a bit on why one man in particular was picked to head up the DTC even though he had no prior banking experience. The CIA connections are interesting as are some personal associations.
Chapter four is about digital currency, particularly the CBDC and various stablecoins. He has reservations about electronic currency and mentions the arguments for and against it. Privacy, social credit scores, convenience, and other ideas are brought to the reader’s attention.
The last chapter, number five, is about what someone can do in light of a probable crash and the inability to access money if needed. While disclaiming to give financial advice, the author talks about what he is doing. It’s a generalized approach that he is using, just a series of suggestions to make it easier to survive if the existing financial structure takes a big hit. The solutions he gives are similar to the ones posed by some youtube videos which you can find by searching for Economic Historian. I recommend the book.
Chapter one gives reasons that a reset is coming. He doesn’t predict when or how it will occur but gives a variety of reasons that show the US in on course for a crash. He mentions the national debt, inflation, the fragility of the markets, and so forth. If you follow the financial markets at all, you will recognize his points.
Chapter two explains how the structure of holding certificates changed from having paper stock certificates in personal custody to now having entries at a brokerage in electronic form. The author discusses the Depository Trust Company (DTC), the Depository Trust and Clearing Corporation (DTCC), Cede and Company, and the Uniform Commercial Code (UCC). He explains their relationships and what changed, how, and why. Stockholders now own security contracts called security entitlements, which are not the same as outright owning the stocks themselves.
Chapter three focuses on the people primarily responsible for these changes. He names a few and speculates a bit on why one man in particular was picked to head up the DTC even though he had no prior banking experience. The CIA connections are interesting as are some personal associations.
Chapter four is about digital currency, particularly the CBDC and various stablecoins. He has reservations about electronic currency and mentions the arguments for and against it. Privacy, social credit scores, convenience, and other ideas are brought to the reader’s attention.
The last chapter, number five, is about what someone can do in light of a probable crash and the inability to access money if needed. While disclaiming to give financial advice, the author talks about what he is doing. It’s a generalized approach that he is using, just a series of suggestions to make it easier to survive if the existing financial structure takes a big hit. The solutions he gives are similar to the ones posed by some youtube videos which you can find by searching for Economic Historian. I recommend the book.
June 13, 2026
Covers some of the well known concepts and risks of the financial markets. But those have been said before by other authors, nothing new included. Could have gone deeper into how cryptos may be playing a role. I did like the section talking about current efforts to push back on the centralized control of a digital system. I am not convinced a regular citizen will have any hope of opting out but will rather be compelled to use the system.
Displaying 1 - 2 of 2 reviews