... A New York Times and Wall Street Journal bestseller, Empire of Debt addresses head-on critical concerns about the United States' position as the world's leading economic force and the use of its military might. Written in a no-nonsense prose, Empire of Debt reunites the critically acclaimed author team of William Bonner and Addison Wiggin, authors of the international bestseller, Financial Reckoning Day.
Americans are now faced with an alarming paradox--while many nations look to the United States for financial aid and advice, Uncle Sam has descended to the world's greatest debtor. Readers will find the reasons that have led to this disturbing situation delivered clearly and thoroughly in Empire of Debt. (20061222)
... In America, we know what we have to do. We have an empire to run. Outlying places to police. People to boss around. Sabres to rattle.?And an economy that has to remain Numero Uno. Unfortunately, history shows that running an empire is a disastrously expensive business. You pay in cash. You pay in blood. And you pay with your own soul.
"This is a powerful book.?In addition to its depth, it is well written, well documented, and vastly readable. I had the feeling of seeing an X-ray of economic reality with the crust removed.?It should be made mandatory reading in most circles. Read it; and your views of the world around you will no longer be the same."
-Nassim Nicholas Taleb, Founder, Empirica Capital, LLC author, Fooled by Randomness
"Now perhaps someone will finally listen!"
-Jim Rogers, author, Investment Biker, Adventure Capitalist, and Hot Commodities
"Instead of trade and work, imperialism breeds militarism, inflation, and debt, as Bonner and Wiggin show. Yet there is a golden hope in freedom and honest money."
-Llewellyn H. Rockwell Jr., President, Ludwig von Mises Institute
"[Empire of Debt] is a fantastic book. It's thoughtful, erudite, witty, well written, practical . . . and spot-on. If you value your financial health, you'll read it from cover to cover. Now!"
-Doug Casey, Chairman, Casey Research, LLC author, Crisis Investing
"I laughed, I cried, I renewed my passport. . . . Bonner and Wiggin deliver a steady diet of insight and wit that terrifies the reader, even as it amuses. Empire of Debt is not for everyone, only for those of us who hope to enjoy continuing prosperity amidst difficult conditions."
-Eric Fry, Editor, The Rude Awakening. (20061222)
Review:
... "The doom mongering is leavened with some waspishly witty writing" (Daily Telegraph, 6th December 2005). (20061222)
Review quote:
... "The doom mongering is leavened with some waspishly witty writing" (Daily Telegraph, 6th December 2005). (20061222)
Table of contents:
... Introduction: Slouching toward Empire.
I. Imperia Absurdum.
1. Dead Men Talking.
2. Empires of Dirt.
3. How Empires Work.
4. As We Go Marching.
II. Woodrow Crosses the Rubicon.
5. The Road to Hell.
6. The Revolution of 1913 and the Great Depression.
7. MacNamara's War.
8. Nixon's the One.
III. Evening in America.
9. Reagan's Legacy.
10. America's Glorious Empire of Debt.
11. Modern Imperial Finance.
12. Something Wicked This Way Comes.
IV. The Essential Investor.
13. Welcome to Squanderville.
14. Still Turning Japanese.
15. The Wall Street Fandango.
16. Subversive Investing.
Appendix: The Essentialist Glossary.
Notes.
Index. (20061222)
... In America, we know what we have to do. We have an empire to run. Outlying places to police. People to boss around. Sabres to rattle.?And an economy that has to remain Numero Uno. Unfortunately, history shows that running an empire is a disastrously expensive business. You pay in cash. You pay in blood. And you pay with your own soul.
"This is a powerful book.?In addition to its depth, it is well written, well documented, and vastly readable. I had the feeling of seeing an X-ray of economic reality with the crust removed.?It should be made mandatory reading in most circles. Read it; and your views of the world around you will no longer be the same."
-Nassim Nicholas Taleb, Founder, Empirica Capital, LLC author, Fooled by Randomness
"Now perhaps someone will finally listen!"
-Jim Rogers, author, Investment Biker, Adventure Capitalist, and Hot Commodities
"Instead of trade and work, imperialism breeds militarism, inflation, and debt, as Bonner and Wiggin show. Yet there is a golden hope in freedom and honest money."
-Llewellyn H. Rockwell Jr., President, Ludwig von Mises Institute
"[Empire of Debt] is a fantastic book. It's thoughtful, erudite, witty, well written, practical . . . and spot-on. If you value your financial health, you'll read it from cover to cover. Now!"
-Doug Casey, Chairman, Casey Research, LLC author, Crisis Investing
"I laughed, I cried, I renewed my passport. . . . Bonner and Wiggin deliver a steady diet of insight and wit that terrifies the reader, even as it amuses. Empire of Debt is not for everyone, only for those of us who hope to enjoy continuing prosperity amidst difficult conditions."
-Eric Fry, Editor, The Rude Awakening. (20061222)
Americans are now faced with an alarming paradox--while many nations look to the United States for financial aid and advice, Uncle Sam has descended to the world's greatest debtor. Readers will find the reasons that have led to this disturbing situation delivered clearly and thoroughly in Empire of Debt. (20061222)
... In America, we know what we have to do. We have an empire to run. Outlying places to police. People to boss around. Sabres to rattle.?And an economy that has to remain Numero Uno. Unfortunately, history shows that running an empire is a disastrously expensive business. You pay in cash. You pay in blood. And you pay with your own soul.
"This is a powerful book.?In addition to its depth, it is well written, well documented, and vastly readable. I had the feeling of seeing an X-ray of economic reality with the crust removed.?It should be made mandatory reading in most circles. Read it; and your views of the world around you will no longer be the same."
-Nassim Nicholas Taleb, Founder, Empirica Capital, LLC author, Fooled by Randomness
"Now perhaps someone will finally listen!"
-Jim Rogers, author, Investment Biker, Adventure Capitalist, and Hot Commodities
"Instead of trade and work, imperialism breeds militarism, inflation, and debt, as Bonner and Wiggin show. Yet there is a golden hope in freedom and honest money."
-Llewellyn H. Rockwell Jr., President, Ludwig von Mises Institute
"[Empire of Debt] is a fantastic book. It's thoughtful, erudite, witty, well written, practical . . . and spot-on. If you value your financial health, you'll read it from cover to cover. Now!"
-Doug Casey, Chairman, Casey Research, LLC author, Crisis Investing
"I laughed, I cried, I renewed my passport. . . . Bonner and Wiggin deliver a steady diet of insight and wit that terrifies the reader, even as it amuses. Empire of Debt is not for everyone, only for those of us who hope to enjoy continuing prosperity amidst difficult conditions."
-Eric Fry, Editor, The Rude Awakening. (20061222)
Review:
... "The doom mongering is leavened with some waspishly witty writing" (Daily Telegraph, 6th December 2005). (20061222)
Review quote:
... "The doom mongering is leavened with some waspishly witty writing" (Daily Telegraph, 6th December 2005). (20061222)
Table of contents:
... Introduction: Slouching toward Empire.
I. Imperia Absurdum.
1. Dead Men Talking.
2. Empires of Dirt.
3. How Empires Work.
4. As We Go Marching.
II. Woodrow Crosses the Rubicon.
5. The Road to Hell.
6. The Revolution of 1913 and the Great Depression.
7. MacNamara's War.
8. Nixon's the One.
III. Evening in America.
9. Reagan's Legacy.
10. America's Glorious Empire of Debt.
11. Modern Imperial Finance.
12. Something Wicked This Way Comes.
IV. The Essential Investor.
13. Welcome to Squanderville.
14. Still Turning Japanese.
15. The Wall Street Fandango.
16. Subversive Investing.
Appendix: The Essentialist Glossary.
Notes.
Index. (20061222)
... In America, we know what we have to do. We have an empire to run. Outlying places to police. People to boss around. Sabres to rattle.?And an economy that has to remain Numero Uno. Unfortunately, history shows that running an empire is a disastrously expensive business. You pay in cash. You pay in blood. And you pay with your own soul.
"This is a powerful book.?In addition to its depth, it is well written, well documented, and vastly readable. I had the feeling of seeing an X-ray of economic reality with the crust removed.?It should be made mandatory reading in most circles. Read it; and your views of the world around you will no longer be the same."
-Nassim Nicholas Taleb, Founder, Empirica Capital, LLC author, Fooled by Randomness
"Now perhaps someone will finally listen!"
-Jim Rogers, author, Investment Biker, Adventure Capitalist, and Hot Commodities
"Instead of trade and work, imperialism breeds militarism, inflation, and debt, as Bonner and Wiggin show. Yet there is a golden hope in freedom and honest money."
-Llewellyn H. Rockwell Jr., President, Ludwig von Mises Institute
"[Empire of Debt] is a fantastic book. It's thoughtful, erudite, witty, well written, practical . . . and spot-on. If you value your financial health, you'll read it from cover to cover. Now!"
-Doug Casey, Chairman, Casey Research, LLC author, Crisis Investing
"I laughed, I cried, I renewed my passport. . . . Bonner and Wiggin deliver a steady diet of insight and wit that terrifies the reader, even as it amuses. Empire of Debt is not for everyone, only for those of us who hope to enjoy continuing prosperity amidst difficult conditions."
-Eric Fry, Editor, The Rude Awakening. (20061222)