I would not.
The genre is good just not this book.
Echo chamber book if I ever read one. Capitalism is part of the key but not everything. Look at countries with little to no taxes or regulation. Jamaica has little to no tax laws or regulations and is very nice to vacation too but few would look there for quality jobs.
I knew basics about our national debt, fiat currency, the gold standard, the fed, etc. but I cannot overstate the amount of detailed information in this book. Going to be a must read for my entire family. A huge bubble is going to burst in the future. This is what to read on educating yourself and begin to get ready. Read it NOW!
Peter Schiff is way more interesting and engaging on YouTube. This book just seemed to go on and on about his suggested solutions, which are from the realm of fantasies (e.g. abolishing taxes. Great idea, but will never happen, so why are we wasting time taking about it?)
not sure. i have two other books by Peter Schiff that i felt were very good. this one...not so good. i am pretty sure i will not purchase another book narrated by Oliver Wyman. His narration comes off as if he is reading to children or the coaxing of a small puppy to do the right thing.
nope..maybe further books by Peter Schiff
no character but i would cut his far right beliefs that attack seniors and people who live in poverty. Entitlement fraud costs us a lot less that what the financial professionals stoled when the housing bubble burst.
Does he really believe that any money the cuts he recommends will save will really help. I believe the CEOs will be the only ones that profit.
I wish that I had been exposed to some of these ideas about 15 years ago! Then I wouldn't have $50k+ student loan debt on my back...
Give this book to anyone looking to go to college, not knowing what they want a degree in. Better to not waste the money on a worthless degree and being stuck with tons of debt.
First let me say the inflection and emphasis the narrator uses made this very dificult to get through and actually made me keep having to remind myself to evaluate the content and not his smarmy sarcasm. On content, it seems like the author is not done crowing about how he saw the housing bubble for what it was and now wants to use that shop worn credibility to tell us how to fix virtually all of the economy. He stops short when taking on the massive expense and misuse of the military but all other institutions from Healthcare and education to the staples of taxes and Social Security. He shows the same pussyfooting lack of conviction on the military as most politicians do. All other government functions are fair game but not the military. For that we just need a few tweaks. I find myself agreeing with much of the assessment of the problems but the proposed plan to "fix" things is almost always either completely absurd or the chances of adoption are nihl. There is just no way what the author proposes will be adopted short of another revolution and a start from scratch. Some of his proposals are just bad all around like the total abolition of the FDA because it has many problems. Just abolish the whole agency because it drives up costs in drug development. He also ignores the human nature factor. Saying if you abolish employer health care will immediately cause employers to pass the savings on to their employees in cash right away is just ridiculous.
Not only did this book lay out the logical problems and consequences of current U.S. policy but it also provided logical unbiased solutions to thwart a coming financial collapse. I highly recommend this book. I wish it would have spent a little more time on what people can do as individuals to offset a financial collapse.
The book is really good and enlightening goes into quite some Deb on a number of real issues facing or country in society and economy the narration is overly smarmy and smug rather than a little bit more objective would have been much better
I would but as a book not an audio book. Schiff made several interesting observations and has what I would consider sound investing advice that is widely agreed on. He advocates investing for cash flow, compound interest, etc. I would recommend it while advising not to take everything Schiff says at the gospel truth and to read the actual book because the narrator is terrible. As sound as Schiff's investing for cash flow instead of capital gains advice is, he suggests we should legalize prostitution, abolish the income tax and minimum wage. He knows more about the income tax and minimum wage than I do, he may bet right. I rarely say someone has a stupid idea but legalizing prostitution is STUPID. There's no other word for it. Every reason Schiff advocates for legalizing prostitution (healthier, less abused prostitutes, fewer arrests, tax revenue) is completely untrue as study after study have proven. The idea is so ridiculous, irresponsible, inconsiderate, uninformed and maybe even sexist it makes me question everything else Schiff says.
Schiff writes that Warren Buffett plays politics. When Wyman reads it he sounds disgusted, and makes it seem as though Schiff is a hateful, jealous wine-bag.
No. He's terrible. His performance sounds like a 12 hour complaint. It is so bad that one must have an IQ above 120 or maturity level of a wise man to block it out and listen to Schiff's ideas for what they were and not as a list of complaints.