Empire of Debt: The Rise of an Epic Financial Crisis (Agora Series)

Empire of Debt: The Rise of an Epic Financial Crisis (Agora Series)

by Addison Wiggin (Author), Addison Wiggin (Author), Addison Wiggin (Author), Will Bonner (Author)

Synopsis

An updated look at the United States' precarious position given the recent financial turmoil In The New Empire of Debt , financial writers Bill Bonner and Addison Wiggin return to reveal how the financial crisis that has plagued the United States will soon bring an end to this once great empire. Throughout the book, the authors offer an updated look at the United States' precarious position given the recent financial turmoil, and discuss how government control of the economy and financial system-combined with unfettered deficit spending and gluttonous consumption-has ravaged the business environment, devastated consumer confidence, and pushed the global economy to the brink. Along the way, Bonner and Wiggin cast a wide angle lens that looks back in history and ahead to the coming century: showing how dramatic changes in the economic power of the United States will inevitably impact every American. Reveals the financial realities the United States currently faces and what the ultimate outcome may be Weaves together the worlds of politics, economics, and personal finance in a way that underscores the severity of the situation Addresses the events leading up to the implosion of the U.S. financial system Looks ahead to help you avoid the pitfalls presented by a weaker United States Other titles by Bonner: Empire of Debt, Financial Reckoning Day, and Mobs, Messiahs, and Markets Other titles by Wiggin: I.O.U.S.A., Demise of the Dollar, and Financial Reckoning Day The United States is heading down a difficult path. The New Empire of Debt clearly shows how this has happened and discusses what you can do to overcome the financial challenges that will arise as the situation deteriorates.

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More Information

Format: Hardcover
Pages: 384
Publisher: John Wiley & Sons
Published: 02 Dec 2005

ISBN 10: 0471739022
ISBN 13: 9780471739029

Media Reviews
The doom mongering is leavened with some waspishly witty writing (Daily Telegraph, 6th December 2005)
Author Bio
BILL BONNER is President and CEO of Agora Inc., one of the world's largest financial newsletter companies. Agora is headquartered in Baltimore, Maryland, 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 the author, with Addison Wiggin, of the international bestseller, Financial Reckoning Day (Wiley). ADDISON WIGGIN is the Editorial Director and Publisher of the Daily Reckoning. The newsletter now has more than 500,000 readers in the United States and Great Britain and is translated into French, German, and Spanish. It has received praise from mainstream publications, including Money, Dow Jones' MarketWatch.com, and the New York Times Magazine. Mr. Wiggin is the author of The Demise of the Dollar ...and Why It's Great for Your Investments (Wiley).