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After nearly 20 years of predicting economic disaster, Batra (Greenspan's Fraud, etc.) suggests a reversal, though only after we rise up in revolution against the forces of chaos. This time, he charges politicians, academics, business executives and rich people with "corruption," defined as "any policy that enriches the rich and impoverishes the poor and the middle class." Among the practices Batra censures are raising congressional pay but not the minimum wage, and cutting income taxes while increasing Social Security taxes. Though the analysis is keen and provocative and the conclusions unorthodox as ever, his specific economic predictions aren't likely to be any better than those in his 11 previous books. Though he admits that "three or four" of his previous predictions "have been wrong," and "the cycle of depression has misfired," he gives no specifics. His examples of successful predictions sidestep his previous books, citing anecdotes from unrecorded private conversations. Some readers might wish Batra would stick to analysis and exposition, at which he excels, and leave off the name-calling and the wild predictions that mar this effort. (Feb.)
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The analysis is keen and provocative, and the conclusions unorthodox as ever. (Publishers Weekly)
Dr. Batra vividly portrays the way in which public disgust for corruption, both corporate and federal, is becoming a serious force for political change. (Dr. W. Curtiss Priest, Director, Center for Information, Technology, & Society, MIT)
The most thoroughgoing assault on the Maestro's legacy so far. (Cecil Johnson, Fort Worth Star-Telegram on Greenspan's Fraud)
As always, his economic arguments are expressed elegantly. (Publishers Weekly on Greenspan's Fraud)
In this chilling exposé of one of the most powerful men of our time, Ravi Batra reveals Greenspan for who he secretly is: An ideologue who has waged war on the American Dream and imperiled the world economy. (David Callahan, author of The Cheating Culture: Why More Americans Are Doing Wrong to Get Ahead on Greenspan's Fraud)
When it comes to the bottom line so beloved of economists, one can learn a lot about events by thinking about them in cyclical regularities, of which Batra gives a novel and brilliant exposition. (Lester C. Thurow on Ravi Batra)
Ravi Batra has made an outstanding reputation in the United States as an international economic theorist in the best Western tradition. (Leonard Silk, New York Times on Ravi Batra)
I bought this guy's book in the early 90's. (The great depression of 1990)
Where he predicted real estate heading into depression territory. Read more
Loved this book. An extremely important historical perspective in my humble opinionPublished 9 months ago by Brion J. Levitsky
The book had a delightful mixture of history and the classes of rule. With good economic numbers to back up his theories. Read morePublished 16 months ago by John Roedl
This book shipped quickly and arrived clean and in good condition. This is another Batra bull's eye. Written long ago yet applies to right now. Too true. Read morePublished 20 months ago by Jen B
Was enlightening in helping my research about the world economic crisis for the writing of my next book: The Empire of Baal.Published on September 14, 2013 by Marcial Cerrato Sandoval
Mr Batra makes it very clear, democracy is done in America if it really existed. This book is shockingly revealing of actual events that demonstrate his point. Read morePublished on April 21, 2013 by Amazon Customer
I read the book and also have the audio version on my iPod. The book is an excellent view of how hopefully we the world will pull out of our economic and political problems. Read morePublished on December 5, 2010 by F. J. Souder III
Dr. Batra wrote a outstanding book about our current economic crisis and how the mess can be fixed. Every working class person should buy this highly interesting and readable... Read morePublished on December 1, 2010 by ignat
A fascinating book! With the unique perspective written about our possible coming economic cycle, it will give readers some serious data to look over to anticipate the coming age. Read morePublished on May 14, 2010 by A. beal