You will be better able to make your own financial and even political choices. You will understand how global debt/leverage creates instability, and how that affects national and global economy.
Both scholarly and readable, this is a thorough, practical report in very palatable form, and in terms understandable by the curious layman.
The book is a perfectly clear description and explaination of the effect of debt/leverage on financial/economic dynamics, on national and global scales, and in historical context. Its theses are extremely well explained and supported.
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.
I was rivetted by this book from start to finish. This is a must read/listen for anyone who wants to understand the global financial crisis that occured in 2008/2009 and the impending crises that will come in the near future. The financial outlook for every country is bleak and it is important for every well educated citizen to understand this.
I will be honest and say that if I hadn't just completed an economics course at college, a lot of this book would go right over my head. However, I found this book absolutely fascinating. John Mauldin doesn't pull any punches and in many ways his outlook for the global and US (and Australian) economic future is bleak, but if you have an appreciation of economics, this book is really interesting and covers a broad range of topics. At 9.6 hours it's getting towards the long side, but Sean Pratt is easy to listen to and I enjoyed the subject matter, so this wasn't an issue. I enjoyed the book so much I even went to John Mauldin's website to read his blog.
Putting books on the back burner.
Unlike other financial and economic books that I've read, Endgame tackles the current problem in the world crisis. I like this book because unlike reading about history, you are reading the modern crisis and clear cut explanation on what is going on.
For example, the simple example on what is going on with Grease and you don't need a MBA to understand. The author also does a sub par job at explaining what should we do to increase our GOP. While it's not groundbreaking ideas, such as adding 30 cents on fuel to get off from foreign oil and allowing certain illegal immigrants buying homes for taxes, or no capital gain for small businesses, all of his ideas aren't too far fetch on what we should be doing,
As far Europe and after reading Endgame. Like the Great Wall in China, their economic status won't be standing for another 200 years, yet alone 2000.
The payoff of Endgame is during the last two hours in the book. John Mauldin goes global and explain each countries their "current" situation with their financial crisis.
Instead of learning what happened in the past, Endgame is reporting of what is going on in the present times.
Don't read this book after knowing the aftermath, read this book while we are in it.