1 of 1 people found the following review helpful
This book is very unique and highly recommended.
John Hively predicts the economic meltdown of 2008 all the way back in the spring of 2006, when this book was originally published.
John Hively has done a great job presenting a plausible analysis of modern american economic history in layman's terms. The only thing missing are charts and data tables - maybe a couple photos would be nice as well.
Mr Hively's chief assertion in this book is that the incessant drive for increasing corporate dividends is what sends America into recessions / depressions. When dividends rise faster than profits, CEOs begin to cut spending and slash jobs - which actually causes… Read more