This slim but shrewd discussion of money and politics--and the deleterious effect the latter has on the former--is a provocative study of the dangers of impending runaway inflation. (Publishers Weekly)
Finance is based on trust. But what do you do if you cannot trust financiers? Talbott, who has long been an acute observer of what's wrong with our financial system, proposes provocative answers. (Daron Acemoglu, Professor of Economics, MIT and co-author of Why Nations Fail)
You need not embrace John's political bombast, but you ignore his financial prescriptions at your peril. For over a decade, he has made consistently prescient observations about future developments that were ignored by the vast majority of establishment analysts and pundits...until they happened. John is a brilliant unconventional thinker. His concept, introduced in this book, of measuring investment returns in terms of ounces of gold instead of units of paper currency could revolutionize investment practice much as Einstein's general relativity revolutionized cosmology. (Peter Fahey, Retired Partner, Goldman, Sachs & Co.)
In this highly readable, brutally honest, and genuine book, Talbott identifies the key problem our society and economic system face - corporations, especially banks, have way too much political power and cannot be trusted with investors' money as governments, regulators, and even academics betray their responsibilities to the public. Talbott calls it like he sees it. (Anat Admati, Professor of Finance and Economics, Stanford Graduate School of Business)
John Talbott, a Wall Street insider, blows a deafening whistle in this no-holds-bar description of financial corruption and government malfeasance. His grave warnings about Wall Street and Pennsylvania Avenue come with strong advice about how to protect ourselves from the next terrible economic storm -- Uncle Sam's going broke. Survival Investing will put your hair on end, but also let you sleep at night. It's a must read. (Laurence Kotlikoff, Professor of Economics, Boston University and co-author of The Clash of Generations)
About the Author
John R. Talbott is a former investment banker, economics guru, and bestselling author with global book sales approaching 200,000. He has established himself as a predictor of major economic events over the last two decades, including the dot.com technology stock collapse, the overheated national housing market, and the global mortgage crisis. Talbott has had articles published in The Wall Street Journal, the Financial Times, The Boston Globe, the San Francisco Chronicle, the International Herald Tribune, The New Republic, the Los Angeles Times, and Salon.com and is a regular contributor to The Huffington Post. He has appeared as a financial expert on television for CNN, CBS, Fox News, CNBC, Fox Business News, CSPAN, and MSNBC as well as on hundreds of radio programs. Talbott was previously a visiting scholar at UCLA's Anderson School of Management as well as a top Goldman Sachs investment banker.