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Conrad Ferguson (St Johns)

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Empire of Debt: The Rise of an Epic Financial Crisis
Empire of Debt: The Rise of an Epic Financial Crisis
by William Bonner
Edition: Hardcover
49 used & new from CDN$ 0.01

1 of 1 people found the following review helpful
5.0 out of 5 stars Wake Up and Smell the Globalization, June 4 2006
The majority of people who will read this book are already concerned with the state of financial condition of this continent...but the vast majority of those of Canadians & Americans who need to know what Bonner imparts may never get the message. I read this book because of my worries about the highly leveraged nature of these nations.

A frightening number of articles in world business journals state lately that China does not consider America (or Canada)to be an economic factor in the period beyond 2016. That is only 10 years away!

Maybe we can still do something to stop the China steamroller.

This book repeats past other nations problems with debt. Bonner is trying to drive home a point; debt is toxic. I sort of wish he would show that everybody is responsible for the debt instead of blaming governments and outsourcing.

Speaking of outsourcing, I also highly recommend Brown & Wilson's THE BLACK BOOK OF OUTSOURCING: HOW TO MANAGE THE CHANGES, CHALLENGES & OPPORTUNITIES (Wiley Publishers, 2005) as it teaches, enlightens and prepares you for the changing world economy. You'll be a better business person for knowing what most are blaming and therefore losing ground. Another 5 star book.

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