Excerpt: U. S. Debt is "Balanced Absurdity"



I have permission from John Wiley & Sons to distribute an
except from the new book, "Empire of Debt," by Bill Bonner
and Addison Wiggin, the team behind the enormously popular
contrarian financial newsletter, The Daily Reckoning.
Bonner and Wiggin deliver a lively, entertaining and
critical look at our debt-powered economy. In their new
book, they predict a dramatic economic crisis for the U.S.
when the country's over-stimulated economy gets the
hangover from so much debt-fueled consumption.

This isn't a dry economic treatise. Bonner and Wiggin weave
current events and history into a highly readable account
of exactly why our economy runs the way it does -- and the
dangers of running it into the ground. In their eyes, our
precarious economic state is driven by a complex but
fragile system that connects trade deficits to the
speculative real estate market. The best way to prepare for
the inevitable crash? Learn where real values can be found.

The excerpt I am distributing is called "An Absurd Balance"
and administers an upbraiding to both liberals and
conservatives for their ridiculous overstatements of U.S.
economic prowess. "Every business day puts America $2
billion further beholden to its mostly-Asian creditors,"
say Bonner & Wiggins. The excerpt is a classic reckoning.

To get the excerpt, send mailto:stevokeefe@xxxxxxxxxxxxx
with the subject line "Send Empire of Debt" and I will
respond with the text -- and *only* the text -- NO file
attachments or opt-in mailing list jive. Thank you.

.

Relevant Pages

  • Excerpt: U. S. Debt is "Balanced Absurdity"
    ... except from the new book, "Empire of Debt," by Bill Bonner ... and Addison Wiggin, the team behind the enormously popular ... critical look at our debt-powered economy. ...
    (misc.invest.stocks)
  • Excerpt: U.S. Debt is "Balanced Absurdity"
    ... except from the new book, "Empire of Debt," by Bill Bonner ... and Addison Wiggin, the team behind the enormously popular ... critical look at our debt-powered economy. ...
    (uk.finance)
  • Re: Excerpt: U. S. Debt is "Balanced Absurdity"
    ... except from the new book, "Empire of Debt," by Bill Bonner ... and Addison Wiggin, the team behind the enormously popular ... critical look at our debt-powered economy. ... The excerpt I am distributing is called "An Absurd Balance" ...
    (sci.econ)