Protect your investments with a deep dive into the past and future of finance
Building on the uncannily accurate predictions in previous editions, this latest edition of The Empire of Debt: We Came, We Saw, We Borrowed, written by New York Times bestselling authors Addison Wiggin and Bill Bonner, explores the economic, political, and financial events between 2008-09 and 2023, placing them in historical context and explaining what’s likely to happen for the remaining years of the 2020s.
The book imparts practical advice on how to protect wealth in the face of ongoing and rapidly intensifying crises, as well as suggestions on how these trends can be played to put investors’ own money to work. In this book, readers will learn about:
- Political development of US hegemony in the 20th century, from the founding of the Federal Reserve in 1913 through to the present
- Past and current conflicts in Iraq, Afghanistan, Ukraine, and Russia and their effects on finance
- The response to the Financial Panic of ’08, including a decade of Zero Interest Rate Policy (ZIRP)
With investors more eager than ever to protect their investments, The Empire of Debt is an essential guide to the future of finance, harnessing history to accurately plot where we are and where we’re going.
Зміст
Introduction: The Bubble Empire, Redux 1
Part I Imperia Absurdum 21
Chapter 1: Dead Men Talking 23
Chapter 2: Empires of Dirt 43
Chapter 3: How Empires Work 59
Chapter 4: As We Go Marching 87
Part II Dead Presidents 99
Chapter 5: The Road to Hell 101
Chapter 6: A Great Depression 141
Chapter 7: Mc Namara’s War 163
Chapter 8: Tricky Dick 191
Part III Evening in America 203
Chapter 9: American Money 205
Chapter 10: The Empire of Debt 237
Chapter 11: Modern Imperial Finance 263
Chapter 12: Something Wicked This Way Comes 281
Part IV Fin De Bubble 295
Chapter 13: Welcome to Squanderville 297
Chapter 14: Kingdoms Are of Clay 317
Chapter 15: Turning Argentine 357
Chapter 16: Gray Swans 389
Notes 419
Index 439
Про автора
William Bonner is the bestselling author or coauthor of numerous books, including Financial Reckoning Day, Empire of Debt, Mobs, Messiahs and Markets, Hormegeddon, Dice Have No Memory, and The Idea of America. Mr. Bonner is the author of the classic Un-Civilizing America: How Win-Win Deals Make Us Better and shares his investment insights daily in a missive for Bonner Private Research found on Substack. He is the founder of the worldwide research network, The Agora, and an avid stone mason.
Addison Wiggin has been an executive publisher within The Agora for over two decades. He is the coauthor with Mr. Bonner of Financial Reckoning Day and Empire of Debt. Mr. Wiggin is the author of the bestseller Demise of the Dollar and writer and executive producer of the feature-length documentary I.O.U.S.A. which was nominated for the Grand Jury Prize at the Sundance Film Festival. Addison is the international director of The Gray Swan Investment Fraternity.