债务帝国

书籍目录

Introduction: Slouching toward Empire  I  Imperia Absurdum    1  Dead Men Talking    2  Empires of Dirt    3  How Empires Work    4  As We Go Marching  II  Woodrow Crosses the Rubicon    5  The Road to Hell    6  The Revolution of 1913 and the Great Depression    7  MacNamara’s War    8  Nixon’s the One  III  Evening in America    9  Reagan’s Legacy    10  America’s Glorious Empire of Debt    11  Modern Imperial Finance    12  Something Wicked This Way Comes  IV  The Essential Investor    13  Welcome to Squanderville    14  Still Turning Japanese    15  The Wall Street Fandango    16  Subversive Investing  Appendix: The Essentialist Glossary  Notes  Index

作者简介

Many Americans have resisted the notion that their country is an imperial power. The idea seems to contradict the values of the Republic and its Founding Fathers. But in Empire of Debt, prominent financial analysts Bill Bonner and Addison Wiggin argue passionately that not only is the United States an empire, but it is also one whose end is coming soon. Bonner and Wiggin are the brains behind www.dailyreckoning.com, an iconoclastic and irreverent market advisory service that has long raised concerns about American indebtedness and warned of a looming dollar crisis. In Empire of Debt, a sequel to their earlier doom-and-gloom book Financial Reckoning Day, they elaborate on their argument that the U.S. economy is about to implode. 

 Bonner and Wiggin enumerate a long list of chronic ailments that imperil the American financial system--a massive trade deficit, soaring personal and government debt, a housing bubble, runaway military expenditures. These problems "hardly disturb the sleep of the imperial race," the authors write. "[But] all empires must pass away." Bonner and Wiggin argue that American imperial delusions are similar to the fantasies that fueled the dot-com market mania. They recommend readers buy gold as insurance in the event of a financial crisis. Empire of Debt flounders when discussing how America indebted itself; the authors blame the Federal Reserve Board's low interest rates but gloss over the fact that rates were slashed because the U.S. teetered on the brink of deflation in 2002 and 2003 (a topic they give more attention to in Financial Reckoning Day). As hardcore free-marketeers, Bonner and Wiggin also seem to long for the pre-welfare days of the 1920s but forget how that period's policies led to the Great Depression. That said, Empire of Debt contains many revelations that will open eyes. --Alex Roslin  --This text refers to the Hardcover edition.

 债务帝国下载