Financial Reckoning Day: Fallout - Surviving Today's Global Depression

by Addison Wiggin, Will Bonner

Genres: Money, Economics

464 pages, Hardcover

First published January 1, 2009

Reviews

[Marcus Goncalves · Rating 3 out of 5]

The author offers great insight into investment bubbles and the madness of crowds. The title is misleading though, much of a catchy doom and gloom. There isn't much investment advice to be found here, other than selling equities and buying precious metals.

[Andrew · Rating 4 out of 5]

Very informative and easy to read. I enjoyed the history of John Law and how the US economy has paralleled Japan's (bubble stock and real estate markets followed by meager growth and low interest rates while the central bank floods the market with new currency). Was very interesting to learn that ALL fiat currencies end up failing. Good education here.

[Eric · Rating 4 out of 5]

Including a look at speculative bubbles in the past and present, this book is both informative and easy to read. I prefer "Mobs Messiahs and Markets" by Mr. Bonner and Lila Rajiva, which is even more so.

[Mark Rose · Rating 3 out of 5]

It's a little off beat, but it does a great job of challenging preconceived ideas about markets and monetary policy. Just a tad fatalistic. Much better than original version released into thousand four.