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I liked the presentation of the information. As a numbers person it gave another perception and was thought provoking. I think it may be very difficult for some to follow the material, even though it is being read very well. I found myself backing up from time to time, just to get a clearer understanding. The use of numerous acronyms added nothing to the book, and probably should've been avoided. I must admit that if I were trying to read this book, I would not have finished it, it is not something that would keep me turning the pages. At the same time I am glad that I found it on Audible, and find it well worth the time to be read to, especially for the people who want a better understanding (or opinion) of our current world financial crisis and how everyone and everything really does matter as we are all connected.
I will likely have to listen to it more again to absorb even more but even though some of the higher concepts of macro-economics were outside if my expertise, he does present it in a way that your average college student can understand.
University administrator. Commuter cyclist. Dad, husband. Loves books of course. Aspiring Jedi Knight and Warder.
Pratt was awesome. His voice and tone were perfect for this text.
Ah yeah... we're so screwed. Economic armgedon is coming and few in North America and Europe know what's coming or have the willingness to take the required medicine. I'm the furthest thing from an economist, so this book was extreamly instructive though tough to follow at times. On the whole however, the author gets his points across with clarity. A great and sobering listen if you want to better understand the fiscal malaise that most of the developed world is experiencing. However, if you prefer the ignorance is bliss approach to your life, best not to listen.
Would I laugh or cry. I'm not quite sure...
Mauldin explains principles of macro-economics in a way that gives great depth of understanding and yet is comprehensible to a non-economist. Additionally, Pratt voices the book at a perfect pace and speaks clearly and carefully, making complex passages easy to follow.
Maudlins "just-the-facts" no hype approach makes a very convincing argument that we will have to face the costs of past excess and foolishness soon.
It's very well written and will help you understand what and why things happened and what is the effect right now in the world and what are the possible outcomes.
Yes. The main message seems to be that there aint no such thing as a free lunch, and that many individuals, companies, and governments act as though there is. The bill eventually will come due.
The consistent message supported by stories of individuals, companies and governments that continue to put off the day of reckoning, which only makes it more expensive.
It was a pretty straightforward reading of an unemotional book.
pay now or pay later - later it will cost much more.
The main theme of the book is that we all live beyond our means and that until we correct that imbalance, we will not be financially healthy. I think that it is a message that we all need to hear and understand - and act on.
It's a frightening account of what the world has become. I would listen to it again, and I think it should be required reading for every American.
There's a tremendous lack of leadership in our country's political environment which only mirrors it's citizens apparent unwillingness to pay the piper before it's too late.
Informative ,truthful to the point. Its still opinions, I'm personal looking for answers. But only end up with more questions
having more questions
Economics can be very difficult to understand and i am just beginning to learn. This book has a lot of good useful information that i could easily understand.
This is one of the better summaries of where we have been and what to expect in the future. Mauldin has a great way of sharing his knowledge.
This is not a novel. It is a set of conditions that explain where we are now and how we got here plus what to expect in the future. There is a lot of information here that I found fascinating.
No characters, really, except for the author.
No, but it was very interesting.
I especially enjoy the author's recap of other countries and what led them into the financial position they are in today. It made me realize how difficult it will be to extract ourselves from the financial problems already created by our politicians and political advisors.