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The Second Great Depression
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Binding: Paperback
Dewey Decimal Number: 332
EAN: 9781591136880
ISBN: 1591136881
Label: Booklocker.com, Inc.
Manufacturer: Booklocker.com, Inc.
Number Of Items: 1
Number Of Pages: 300
Publication Date: March 18, 2005
Publisher: Booklocker.com, Inc.
Studio: Booklocker.com, Inc.
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Editorial Review:
This frightening book shows how massive consumer debt will trigger the next depression, starting in 2007. With interest rates increasing, savings rates near zero and debt at its maximum, people will be pushed over their debt limit, causing the depression.
Customer Reviews
Average Rating: 
Rating:  - astoundingly accurate predictions
I wonder whether some of the people who wrote reviews of this book in 2006 would have been more generous with their praise if they were writing their reviews today.
I was just reading through his chapter 4 on what the depression will look like and the predictions he made for the present time frame are a virtual carbon copy of the actual headlines in the financial news of this year.
Some criticized his great specificity of predictions. That is indeed a very risky ... Read More
Rating:  - Government Paper
I like this book but for me half of the book was useless statistics and charts and tables. I am more interested in ideas. Mr. Brussee is a very smart man and I agree with him and I went though this well researched book and took my trusty high-light marker and marked some important statements and ideas. However, I just don't see who in their right mind would buy Government Paper. TIPS and Federal Bonds and Treasury Bonds are the problem. A government bond is a paper that's backed up by a promise ... Read More
Rating:  - Decent Presentation For Those Unaware Of the Coming Crisis in The Financial Markets
I first came across this author when he was featured on the Financial Sense program. This author does do a decent job of presenting the potential blood bath that could occur because of the unregulated credit default swaps.
Rating:  - Too many Charts
It was ok. Too many charts. The first part of the book was great, then it was all charts on what kind of return you can get on investments.
Rating: - Great Subject, Mediocre Book
Despite the three star rating, I enjoyed reading this book. If one keeps an open mind, there is much to agree with. The conclusions, by and large, follow logically from the facts marshalled in support of them.
To the extent I disagreed or saw weakness with the arguments, here's what I found:
1. As other readers have noted, the predilection of the author to attempt to name years when certain events occur (namely, the depression) greatly undermine the merit of the arguments ... Read More
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