A best seller in Germany about the best ways to protect oneself financially from the threats posed by government's interference in the economy.
After the bursting of the real-estate bubble, the U.S. pushed a monetary and fiscal policy that is, at best, blatantly wrong, and, at worst, carries enormous financial risk. And because Washington knows this, America's greatest weapon - its propaganda machine - has been called into service, diverting attention away from the fact that it was and continues to be government interference in the market economy that's lead us to where we are now, namely at the end of one financial calamity and the beginning of yet another.
A plea for the market economy, The Global Debt Trap: How to Escape the Danger and Build a Fortune details the cause of our current economic crisis and argues that political mismanagement endangers finances, health, and, in extreme cases, democracy itself. This book advocates for the freedom of the individual and the capitalist economic system derived from it. The Foreword is by Martin Weiss, best-selling author of The Ultimate Depression Survival Guide.
Every crisis offers opportunities for those who have prepared. The Global Debt Trap: How to Escape the Danger and Build a Fortune shows how to prepare for the aftermath of years of government interference in the market economy.
What disappointed you about The Global Debt Trap: How to Escape the Danger and Build a Fortune?
I agree w/ the authors thesis -- that massive money printing will eventually lead to inflation -- but hate this book because the tone is arrogant yet the research is weak and uninsightful. If you have no understanding nor recollection of the Great Recession, you might find a little value. Not recommended for anyone else.
Would you ever listen to anything by the authors again?
No, they're so arrogant and unintelligent
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