The last book I read was Mao : The Unknown Story, this is almost as scary. I recommend you listen to it. Would have been nice to have a few more facts about Chinas current finantial situation, but I guess this book is focusing on the long term 5/10/20 years.
Lots of into in the book it presents a different idea to what the the gold bugs are harping on about now.
I would have like a few more specifics about exactly what is limiting the fed / treasury from inflating themselfs out of this debt bubble. Sure it will have horrible consequences. But does that mean they won't do it?
What is stopping the fed from further expanding its balance sheet and buying huge amounts of bonds?
I think many points were mentioned in this book that are undoubtedly true. This book exposes the flaws of the current system and how some peoples greed can lead to others misery. Hopefully one day a mechanism will be implemented to ensure that the minority benefit from the minority greed.
The government needs to educate people on the consequences of their actions and ban or heavily tax product that result in environmental degradation.
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