Empire Of Debt: The Rise Of An Epic Financial Crisis

Bill Bonner and Addision Wiggin

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In Circulation

In Empire of Debt, maverick financial writers Bill Bonner and Addison Wiggin provide you with the first in–depth look at how the American character has shifted to accommodate its new imperial role; how we have abandoned the private virtues of personal liberty, economic freedom, and fiscal restraint; and how the government has gained control of public life and the economy.

What will you learn from this book

  1. Debt and its Role: The book likely examines the role of debt in modern economies, exploring how it's accrued, used, and its impact on individuals, businesses, and governments.

  2. Historical Perspectives: Bonner and Wiggin might provide historical contexts to illustrate how debt has shaped economic cycles and crises throughout history.

  3. Government Debt and Fiscal Policy: Exploring government debt and fiscal policy could be a focal point, examining the consequences of large public debt and government spending.

  4. Consumer Debt: The authors might discuss the implications of high levels of consumer debt, examining how it affects individuals, spending habits, and economic stability.

  5. Global Debt Trends: The book could highlight global debt trends, analyzing how interconnected economies and financial systems contribute to a broader debt scenario.

  6. Financialization and Credit: The authors might discuss the trend of financialization and credit expansion, exploring how these factors impact debt accumulation and economic stability.

  7. Consequences of Excessive Debt: Bonner and Wiggin might emphasize the potential consequences of excessive debt, including economic downturns, market volatility, and financial crises.

  8. Debt-Driven Growth: Exploring the concept of debt-driven growth could be a significant theme, discussing how economies sometimes rely on debt to fuel growth.

  9. Policy Implications: The book might discuss policy implications, offering suggestions or insights into how to manage and mitigate the risks associated with high levels of debt.

  10. Personal Finance and Debt Management: The authors might provide advice or insights on personal finance, including strategies for managing debt and navigating a debt-heavy environment.

Language English
ISBN-10 0-471-73902-2
No of pages 370
Font Size Medium
Book Publisher John Wiley & Sons
Published Date 02 Dec 2005

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