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The Crash of 2016: The Plot to Destroy America--and What We Can Do to Stop It
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The Crash of 2016: The Plot to Destroy America--and What We Can Do to Stop It

4.01  ·  Rating Details ·  564 Ratings  ·  93 Reviews
The United States is more vulnerable today than ever before-including during the Great Depression and the Civil War-because the pillars of democracy that once supported a booming middle class have been corrupted, and without them, America teeters on the verge of the next Great Crash.

The United States is in the midst of an economic implosion that could make the Great Dep
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Hardcover, 291 pages
Published November 12th 2013 by Twelve (first published January 1st 2013)
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Ken I haven't read the book, but I'm curious about the argument. Usually when someone is crying that the sky is falling, they want you to buy gold and…moreI haven't read the book, but I'm curious about the argument. Usually when someone is crying that the sky is falling, they want you to buy gold and sell stocks. Hartmann advertisers on his radio program include gold peddlers so I'm a little skeptical. (less)
Renee Kopulos It gives you insight on what causes a crash, and how a crash can be prevented. Basically repeal Citizens United, and tax the rich 75% to expand the…moreIt gives you insight on what causes a crash, and how a crash can be prevented. Basically repeal Citizens United, and tax the rich 75% to expand the middle class.(less)

Community Reviews

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Owlseyes



19th century Alex Tocqueville in his visit to the USA had spotted the “American dream”. Yet that has been “lost”, according to Thom Hartmann.

Once people had health insurance, pensions, wages, vacations guaranteed; even access/opportunity to college education.

In the 1980’s people bought cars. Now, they are leased/ rented.

The USA economy has been “hollowed out”. What was once EQUITY, now is DEBT.




Despite gains in productivity over 200 years, in the last 30 (plus) years wages have not accompani
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Book
Nov 16, 2013 Book rated it really liked it
The Crash of 2016: The Plot to Destroy America - and What We Can Do to Stop It by Thom Hartmann

"The Crash of 2016" is a provocative and troubling look at an economic implosion that will occur unless we take drastic measures to stop it. "A story of how America was dragged into the Crash of 2016." Well-known progressive national and international radio and TV talk show host and accomplished author, Thom Hartmann places his focus on an economic crisis that may turn into the Fourth Great Crash since
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Pat Cummings
Dec 21, 2013 Pat Cummings rated it it was amazing  ·  review of another edition
The basic premise is that conservative lawmakers overreacted to the progressive changes in America that took place in the 1960s and 70s. This resulted massive deregulation and tax cuts, opened the door for the “economic royalist”, particularly predatory banksters – to step in and wreak havoc on the middle class. A good book to have under your belt when confronting your drunk tea bag uncle at the holiday get-together.
Tim
Jul 12, 2015 Tim rated it did not like it
I tried. Really, I did.

This guy is hopeless. Look, I know there's another crash coming. It's likely to come at some point this fall or thereafter, and the longer we go without one, the worse it's going to be when it finally shows up. On this, it would seem that I'm predisposed to agree with the author. Additionally, I got this book on the recommendation from someone who shares a lot my same viewpoints. You'd think if anything, I'm suffering homophily by picking this up.

I was glad to learn that
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Robert Ohrstedt
Jan 04, 2014 Robert Ohrstedt rated it it was amazing  ·  review of another edition
Recommends it for: Everybody concerned about our nation's future
This book is a provocative and profound look at the the underlying causes of the global economic crash of 2008. In surveying the wreckage of that crash, the author examines the structural fissures in our economy that promise a much worse crash to come, and the probable outcome of that crash on the United States (the crash is projected as 2016, but it could come later or sooner, as conditions dictate). The prognosis is dire and demonstrates that more than the economy may be at stake; the very exi ...more
Joy
Dec 08, 2013 Joy rated it it was amazing
My copy of Thom Hartmann’s The Crash of 2016 looks like a book from my college days, underlined, highlighted, personal comments in the margins such as Wow! OMG and WTF! His book discusses American economic history, to understand what is happening and how we got here; a part on The Great Crash, our current reality of six factions any one of which can cause America’s economy to crash; and the last part, Out of the Ashes, a very optimistic look into our future. Solid, sound suggestions and solution ...more
Scott Strand
Jul 27, 2015 Scott Strand rated it liked it
Shelves: nonfiction
I'm a liberal, I think a crash is coming, and I enjoyed reading this book -- but I give it only 3 stars. It was too strong-minded and unabashedly liberal. It felt like a leftist bashing and I didn't know how much to trust it. I think something with more of a fair-minded measured analysis might convince more people. On the other hand, I appreciate the value of the sort of partisan commentator that Thom Hartman seems to be in trying to counterbalance the army of screeching extremists on the conser ...more
Norma
Jul 07, 2014 Norma rated it really liked it
Parts of this book should be required reading.
Lenny D
Jan 10, 2014 Lenny D rated it it was ok
Though I identify as a moderate, I think I skew liberal on a majority of issues. I like skewing liberal. Based on the past century or two of my society's history, it has been liberals (both classical at first and then progressives of late) that have largely been bellwethers of the society's trajectory. And there's no coincidence why: liberals, recently and in the US at least, have been the side of our binary spectrum most championing a generally evolved sense of both civil rights and economic te ...more
Sam Dye
Feb 01, 2014 Sam Dye rated it it was amazing  ·  review of another edition
This is the most completely researched dispassionate book on our present state of national problems that I have read. He brings in details of the variety of political forces that have shaped the current debate and provides great documentation of the effect the Royalist have had on the middle class.

I'm just going to outline one event that I've not heard any commentator discuss, but I has had a defining impact on the lack of action of the current Congress. The evening of President Obama's inaugur
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John Kaufmann
Dec 17, 2013 John Kaufmann rated it really liked it
I gave this book four stars, because 3.5 is not an option. I love Thom Hartmann. Hartmann is a progressive populist. In his books, as in his radio talk show, he is incisive and rational, and refrains from name-calling and other invective. In this book he describes the current economic and political crisis in the context of the cycles of history described in William Strauss's and Neil Howe's "The Fourth Turning." In particular he describes how the ongoing struggle for control by what he calls the ...more
Annamir
Mar 16, 2014 Annamir rated it did not like it
The televised interviews are better. Try to find the talk at Boston, MA's Commonwealth Club. There, the author gives a synopsis of what lead him to write this, what the experience of middle class Americas has been (for anglo working-class folks) for the Greatest Generation and the Boomers. nd the ideological history of the Conservative and Progressive-Radical political theory, think Hobbes and Burke, vs Thomas Paine and Thomas Jefferson. Up to Goldwater and a book called "The Conservative Mind" ...more
Steph
Jan 26, 2016 Steph rated it really liked it
So this book was unsurprisingly biased, but it swung in my direction. With an election coming up it was rather pertinent, and frightening. This books talks about cycles and the process that accompanies these cycle and how they happen. I wish this book was read by more people, but I would like to talk to someone with the opposite opinions who could logically explain their views as this author did with this book. He had a lot of facts and good ante dotes, so it was definitely more than just opinio ...more
Jake
Jan 18, 2015 Jake rated it really liked it  ·  review of another edition
I like Thom Hartmann. I'm pretty libertarian leaning, and this book is harsh on libertarians. But, he's kind of right because it seems like the most vocal and/or powerful "libertarians" place too much focus on the liberty of the most powerful people in the world. I laughed a bit when he called the billionaires and financiers psychopaths until I looked at the definition of psychopath and found it to be very accurate (I guess Jesus Christ was right about those guys after all). As usual, Hartmann i ...more
Kathleen
Aug 23, 2013 Kathleen rated it really liked it
The best part of the book is the broad history lesson of the cycles we have gone through as a nation. If you have been paying attention you'll know about the events from 1978 to present. But when they are all put down at once before you it is unnerving and somewhat depressing. But it is also infuriating. Then Hartmann lays out some solutions. It isn't the strongest part of the book, but they are interesting and even exciting possibilities. Overall a solid book.
Peter Lyte
Aug 29, 2014 Peter Lyte rated it it was amazing
This is a a fun read if you're a fan of cyclical history. Personally I've pinned my fears on around 2020-2029, however close enough seeing as things move so much faster these days. As of this date if you order this from Amazon there's a 1 to 3 week delay while "Economic Royalist" Bezos continues to shake down publisher Hatchette.
David
Aug 20, 2014 David rated it really liked it
I depend on Thom to keep me informed on progressive attitudes, and this book helps a lot. It's a good outline on how our country's current trajectory confirms the fact that we still don's see to learn lessons from the past.
Clark Johnson
Dec 15, 2013 Clark Johnson rated it really liked it
Interesting book.
problem is it makes me think.
and sets the stage for a likely direction.
And shows me how little control I have over many things.

but makes me think
about what I can do
about things that really matter.

stay tuned.
much prayer needs to go in this direction.
Frederik Strandbygaard
Dec 12, 2014 Frederik Strandbygaard rated it really liked it
The great historic picture, that is painted, is very interesting for the danish reader. Lots of new stuff!
Even thougt it's most about North American issues, we see that the same powers are active in Europe. Recommented reading!
Conor
Oct 26, 2016 Conor rated it liked it
So I don't mind a tendentious book, typically. After all, I am a tendentious guy--I worked for the ACLU, listen to my NPR, and openly advocate eating Republicans as a way of maintaining a carbon-negative non-vegetarian life. But at times this book got a little annoying in its smugness. For instance, I get that the author doesn't really think we need to have such a big and costly military--what sane person does?--but that does not mean that there is *no* return on investment to buying a Tomahawk ...more
Ryan Sanders
This was an incredible book for those who don't understand how the government and corporations have managed to amass so much power. For those who already have a pretty good idea (like me) this book will finally give you the bullet points and facts to point to when people try to say, "Yeah...that's not how it works." It will also be handy for those looking to insulate themselves from the coming market crash. Because believe me, our current market is not sustainable. While the author may have been ...more
♥ Bubble's Book Reviews ♥
Great book that gives an easy to follow look at our history and talks about current events and pulls it all together to connect the dots. I'd highly recommend this book to anyone.
Ken
Jan 17, 2017 Ken rated it it was amazing
This book should be taught in every high school. But after you read it you will know why it won't be.
Brittany
Jan 11, 2017 Brittany rated it really liked it
Shelves: non-fiction, politics
So much/many good, trustworthy information and resources. I am truly worried about the future of our country. I very much appreciate the suggestions for action if you want to get involved. A lot of speculation and guessing, however. Can't say Hartmann helped alleviate the panic machine though.
James
Oct 20, 2015 James rated it really liked it
Truly interesting. The great forgetting has begun where past generations (from 80 years ago) have died off and the US economy is showing similar signs to what occurred before the last great depression. Lots of similarities argued about manufacturing prior to the great depression against today's. Renewables were mentioned as a way to group our internal economy stronger but not a lot of what we could do to grow our export economy.

Looking at what occurred in 07, a different author (somewhere in my
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Kerrie
Rule 1: As with biblical prophecies, don't assign a date or year to financial crash predictions. Of course he then states in the first pages that it's give or take 5 years. However the period of time from all previous crashes is much shorter between crash and depression. So have we passed it already and this book is just a Heaping Crock of Shit? <== not-so-serious pondering

Hartmann's a real mixed bag for me, as sometimes I appreciate his explanatory segments but then it inevitably careens dow
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Mel
Mar 11, 2014 Mel rated it really liked it
This is a polemic work that notices some similar events in American history roughly 80 years apart and posits a forgetting mechanism where once all the people who personally experienced how bad plutocratic control is have died off, certain safeguards stop being protected and the country goes through a bad period, recovers, and then repeats.

His decision to use early 20th century language to describe the 0.1% is a little disappointing. "Economic Royalist" had a lot of rich associations in a time w
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Liz
Jun 16, 2016 Liz rated it it was amazing
Concise, accurate, and readable summary of the dark side of capitalism and our economic/governmental system. He clearly and simply makes the case, dare I say it, for the next and very looming revolution. And it will come because we have lost our middle class, recognized by the founders of our country as the engine that makes the economy healthy and "we the people" prosperous. Each chapter seemed to be a succinct retelling of another book I've read recently. He supports his statements with copiou ...more
Kurtbg
Taking a look at depression economics Thom Hartmann finds many similarities in the situations for the political and economic institutions of today as there were in the stock market crash of 1929.

He exposits that it takes about three generations after a major crash for the same deregulation, malfeasance and free-wheeling to kick in which creates another market run amok and economic devastation. Other disciplines would label this as "generational amnesia"

With deregulation and lack of oversight in
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Mark Valentine
Jan 27, 2016 Mark Valentine rated it really liked it
Before I started reading this, I thought it would be a ranting screed, some Chicken-Little blow or fictionalization of a doomed, gloomy, ruthless world, but all that turned into mere pre-conceived contempt prior to investigation. Rather, Hartmann does well to make this a handbook for survival against the insane, corporate suicide pact that will, like a cancer, eat all the healthy cells only to expire from its own appetite...in 2016.

The best part of reading that was that Hartmann provides models
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Thom Hartmann is a progressive radio talk show host, author, and retired businessman who was born and grew up in Michigan.

His daily progressive radio talk show is syndicated and distributed to radio and television stations nationwide and in Europe and Africa.

Thom has spent much of his life working with and for the International Salem relief organization. In 1979 Hartmann and his wife Louise founde
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More about Thom Hartmann...

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“Many people today think that the Tea Act—which led to the Boston Tea Party—was simply an increase in the taxes on tea paid by the American colonists. That's where the whole "Taxation Without Representation" meme came from.

Instead, the purpose of the Tea Act was to give the East India Company full and unlimited access to the American tea trade and to exempt the company from having to pay taxes to Britain on tea exported to the American colonies. It even gave the company a tax refund on millions of pounds of tea that it was unable to sell and holding in inventory.

In other words, the Tea Act was the largest corporate tax break in the history of the world.”
3 likes
“the Occupy Movement flared up and began setting up tents in public parks all around the nation, from New York City to Chicago to Seattle. But it actually happened exactly eighty years earlier, when the nation was drowning in President Hoover’s Great Depression, and not President Bush’s Great Recession. These settlements weren’t called “occupations” at the time, they were called “Hoovervilles.” 1 likes
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