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When Giants Fall: An Economic Roadmap for the End of the American Era
When Giants Fall: An Economic Roadmap for the End of the American Era
by Michael J. Panzner
Edition: Hardcover
Price: $12.02
99 used & new from $0.01

6 of 6 people found the following review helpful
4.0 out of 5 stars One Giant leap for understanding, March 18, 2009
Panzner's earlier book, Financial Armageddon, laid out the four horsemen of the apocalypse riding towards the global economy. Booed off in some quarters at the time for its "doomsday" or "mad max" predictions of debt bubbles bursting, banks failing, the FDIC getting in over their head, rising unemployment etc etc it's all proven sadly accurate. This book builds on these foundations and looks to a future involving America's decline as a political, cultural and militaristic superpower. Not everyone's cup of tea, but it shouldn't be anti-American to discuss threats to the current way of life. How else are we to arrive at solutions?

The book draws on a massive number of sources which are helpfully detailed in the extended bibliography. Anyone looking for more information on any aspect of the end of hegemony would do well to start here.

The last part of book, addressing ways the reader can prepare themselves for a changed world order, is necessarily general. People expecting to be told they can make money simply by buying one stock and selling another 1) have misunderstood the first part of the book and 2) will be better served by a comedian like Cramer, than an educator like Panzner.

It's well researched, extremely well sourced and although its conclusions sometimes seem to go beyond what I would deem likely, that was case with the Financial Armageddon too.
In the words of GWB (something of minor star in the book), "fool me once, shame on -- shame on you. Fool me -- you can't get fooled again."


Financial Armageddon: Protecting Your Future from Four Impending Catastrophes
Financial Armageddon: Protecting Your Future from Four Impending Catastrophes
by Michael J. Panzner
Edition: Hardcover
87 used & new from $0.01

125 of 126 people found the following review helpful
5.0 out of 5 stars Gripping, terrifying and informing, March 2, 2007
Financial Armageddon presents an alarming discussion of the Four Horsemen riding towards the U.S economy. Panzner has turned what might seem dry or inaccessible subjects - i.e derivatives, deficits, pension liabilities - into a tale even the layest of laymen can understand. Some will suggest it goes overboard in it's pessimism (hyper-inflation? widespread beggary and pestilence?) but even if it does it scarcely begins to offset the institutionalised optimism pumped out in the popular media. However the book is not just doom and gloom, it also provides concrete ideas on how individuals can prepare themselves and their investments. If even a fraction of Panzner's predictions come to pass investors will be grateful for the recommendations contained in this book. Read it and come away disturbed, but informed.
Comment Comment (1) | Permalink | Most recent comment: Jun 30, 2009 7:56 AM PDT


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