A sinking feeling forms in the pit of your stomach as you insert your card once again... The screen remains black. It's the fifth machine you've been to today. Like the others, it, too, has gone dark.
For months, you heard the warnings this would happen. But you just couldn't imagine something so drastic... not here in America, at least...
Over the past 30 years, economist, author, and businessman Bill Bonner has been watching a worrying tend in the U.S. economy...
This book tells what happened to America over that time... and what to do as this phenomenon reaches a final, and disturbing, conclusion.
This was a horrible excuse for a book. It was an inflamitory, fear-mongering piece of tripe. This book was full of the classist, racist, incendiary diatribe that is so overblown on all the ultra conservative "news" stations these days. Avoid this book at all costs. There is no reason to hoard gold and bury it in a foreign backyard. We should not do away with all social services solely because they're expensive. This book outlines the Uses and the Thems. But, if you're reading the book there's a high probability that you would never put yourself in the Them category. This is the problem. Everyone who subscribes to this nonsense is never part of the problem. It's always someone else. I'm done. I'll never willingly pick up another of these "books."
This book was copyrighted in 2017 but appears as if much of it is written back in 2014. Much of the content is a bit repeated and nothing new. The author does a reasonably good job of explaining how the current runaway credit situation and loose fiscal policies could unwind into financial disaster. I would recommend it for someone new to the topic and looking for an easy to understand explanation of of how we got where we are and where it is possibly going.
While it wasn't a "nail biting-page turner", it really did give you a lot to think about! I really do believe the author when he says, "Not if, but when..." Something will happen with the credit and banking systems, it's inevitable. It's already happened and happening in other countries. Take the book not as a bible, but as a suggestion to make yourself more knowledgeable "just in case".
Interesting, didn't tell me anything I haven't read before that I can actually do. Some good information on what and where to put money if you have enough $$$$ to worry about.