Financial Reckoning Day: Surviving the Soft Depression of the 21st Century
Rok vydání: 2003
Nárok na dopravu zdarma
"History shows that people who save and invest grow and prosper, and the others deteriorate and collapse. "As Financial Reckoning Day demonstrates, artificially low interest rates and rapid credit creation policies set by Alan Greenspan and the Federal Reserve caused the bubble in U.S. stocks of the late ’90s. . . . Now, policies being pursued at the Fed are making the bubble worse. They are changing it from a stock market bubble to a consumption and housing bubble.
"And when those bubbles burst, it’s going to be worse than the stock market bubble . . .
"No one, of course, wants to hear it. They want the quick fix. They want to buy the stock and watch it go up twenty-five percent because that’s what happened last year, and that’s what they say on TV."
author of the bestseller Adventure Capitalist from the Foreword to Financial Reckoning Day