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The New Empire of Debt: The Rise and Fall of an Epic Financial Bubble
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The New Empire of Debt: The Rise and Fall of an Epic Financial Bubble

3.82 of 5 stars 3.82  ·  rating details  ·  57 ratings  ·  9 reviews
An updated look at the United States' precarious position given the recent financial turmoil

In "The New Empire of Debt," financial writers Bill Bonner and Addison Wiggin return to reveal how the financial crisis that has plagued the United States will soon bring an end to this once great empire.

Throughout the book, the authors offer an updated look at the United States' pr
Hardcover, 356 pages
Published August 1st 2009 by John Wiley & Sons (first published 2009)
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Community Reviews

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Athan Tolis
Two confessions first:

1. I've owned the old book since 2006, I looked at it briefly and there was no way I was paying good money to get an extra 50 pages, so the review is actually based on The Empire of Debt. Regardless, I'm rather sure my review is relevant, for reasons that will hopefully be apparent in my review.

2. I totally loved reading it. I could not put it down. I even went back to re-read some passages, often going on to re-read entire pages or chapters.

Now, for the review proper.

The e
Mat Cendana
Bill Bonner from / Agora is one of the best business, finance and economics writer I've ever read. I would look forward to reading his articles in DailyReckoning whenever they appear. He isn't of the ivory tower type who'd bore you to death. Nor of the media darling type who talk/write as if they really know what is happening, and what will happen in the future.

I've always wanted to read Bill Bonner's books but haven't found them in the bookstores in Malaysia. But it's availab
The US has been setup for the scenario we're currently in for quite some time. This book takes a much deeper look at the policies and history that brought us here for a much more political view than I'd previously read - most of what I've read has been very financial. Overall, an interesting read. I don't necessarily agree with the conclusion of where to invest, but interesting nonetheless.
Nazri Awang
One day the US will inevitably go bankrupt. Unsustainable budget deficit, with ballooning total national debt, and endless printing of money, in an effort to try reviving an economy destined to go bust. It predicts that the next economic bubble that will crash, is the US government debt. The past history of the Roman Empire tells us something, about how things are going to be slowly unfolding. This is gonna be even bigger than 2008 subprime-mortgage financial crisis. Hmm very interesting, indeed ...more
Rich Cromwell
Pivotal in my thinking since late 2004, it has been updated two times. This is an outstanding book
Daren Doucet
The New Empire of Debt. Gives fascinating numbers on household debt, the American debt, and its future commitments. Social security payments will grow, and there is a need to plan for a way to manage future spending. This book was wrote primarily for the U.S.A, but other countries need to read it in order to manage their affairs more responsibly as well. This book could get a 5 out of 5, but sometimes the sarcasm is a little too haughty. Very good book though, for those who like politics and eco ...more
Todd Woods
Jan 22, 2015 Todd Woods rated it 5 of 5 stars
Recommended to Todd by: Found it in the Library and then bought it.
Shelves: 2015
Excellent book about the disastrous path our country is on fiscally.
An excellent account of all the major civilizations' economic and political history, and its similarities to present day empires.
Its wise, fun and enriching all at the same time.
Good one-liners, pretty good flow to it but just seemed about 75 pages too long?! It sure summed up the mess America got itself in through years of neglect.
Tiffany Anderson
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