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Hormegeddon: How Too Much Of A Good Thing Leads To Disaster Paperback – August 29, 2014
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“Hormegeddon” is the term coined by entrepreneur and New York Times Bestselling Author Bill Bonner to describe what happens when you get too much of a good thing in the sphere of public policy, economics and business. Simply put, it ends in disaster.
Drawing on stories and examples from throughout modern political history—from Napoleon's invasion of Russia to the impending collapse of the American healthcare system, from the outbreak of WWII and the fall of the Third Reich to the 21st century War on Terror, from the Great Recession to the sovereign debt crisis—Bonner pursues a modest ambition: to understand what goes wrong.
History is not a clean yarn spun by its victors. It is a long tale of things that went FUBAR—debacles, disasters, and catastrophes. That each disaster carries with it a warning is what makes it useful to study. For instance, if the architect of a great ship tells you that ‘not even God himself could sink this ship,' you should take the next boat. If the stock market is selling at 20 times earnings and all the expert analysts urge you to ‘get in’ because you ‘can’t lose’—it’s time to get out!
Similarly, public policy disasters are what you get when well meaning people with this same Titanic degree of certitude apply rational, small-scale problem-solving logic to inappropriately large scale planning. First, you get a declining rate of return on your investment (of time or resources) until you hit zero. Then, if you keep going through the zero floor—and you always keep going—you get a disaster.
The problem is, these disasters cannot be stopped by well-informed smart people with good intentions, because they are the people who cause them in the first place.
From the mind of Bill Bonner comes Hormegeddon, a phenomenon that occurs when a small dose of something produces a favorable result, but if you increase the dosage, the results end in disaster. The same applies when the world gets too much of a good thing in public policy, economics, and business. Drawing on examples throughout modern political history, Bonner brings context and understanding to this largely ignored and anonymous phenomenon.
- Print length306 pages
- LanguageEnglish
- Publication dateAugust 29, 2014
- Dimensions6 x 0.69 x 9 inches
- ISBN-100990359530
- ISBN-13978-0990359531
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Editorial Reviews
Review
"I am seldom jealous of anybody, but I truly envy Bill Bonner's writing and intellectual skills. I read his notes every day because of his perfect prose and his deep insights into economics, and investment markets. But, Hormegeddon, is by far the best Bonner ever produced. It is funny, cynic, sarcastic, highly informative, beautifully written, entertaining, and most importantly, written by a man who is not afraid to tell the truth, and stand up for it. I do not say this often, but when I read his Hormegeddon, I was truly in awe." - Marc Faber, publisher of the Gloom Boom & Doom Report, director of investment advising firm Marc Faber Ltd.
Product details
- Publisher : Lioncrest Publishing
- Publication date : August 29, 2014
- Edition : Illustrated
- Language : English
- Print length : 306 pages
- ISBN-10 : 0990359530
- ISBN-13 : 978-0990359531
- Item Weight : 15.2 ounces
- Dimensions : 6 x 0.69 x 9 inches
- Best Sellers Rank: #1,194,378 in Books (See Top 100 in Books)
- #5,001 in Motivational Management & Leadership
- #5,315 in Business Motivation & Self-Improvement (Books)
- #27,238 in World History (Books)
About the authors

Over the years, Bill has co-authored a number of New York Times Bestsellers including “Financial Reckoning Day”, “Empire of Debt”, and “Mobs, Markets and Messiahs”. He is also the author of “Hormegeddon,” which “Black Swan” author Nassim Taleb described as a “must, must, must read.” In his own opinion, his most recent title, “A Modest Theory of Civilization: Win-Win or Lose” is perhaps his best work yet.
Bill also founded the worldwide research network, The Agora, in 1979. Analysts within the group, including Bill himself, have exposed and predicted some of the world’s biggest shifts since that time, starting with the fall of the Soviet Union back in the late 1980s, to the collapse of the dot.com (2000) and mortgage finance (2008) bubbles, and more recently, the election of President Trump. Though begun in a ramshackle office in a bad neighborhood of Baltimore, The Agora now has offices in 10 countries and more paid subscribers than the Washington Post and the New York Times put together.
While most of The Agora publications focus on health or finance, some are sui generis. Les Belles Lettres, for example, is a company founded in 1919 to publish the writings that survive from the Classical Period — ancient and classical Rome and Greece. In recent years, it has expanded into Chinese classics. Another unique member of The Agora is International Living, a magazine founded by Mr. Bonner in 1979. It offers readers suggestions, information and advice about living overseas.
International Living led Bill and his partners to purchase 2,700 acres of land on the Pacific Coast of Nicaragua. Years later, the property became known to the world as Rancho Santana. By the time the widely celebrated Inn at Rancho Santana was completed in 2015, “the ranch” had positioned itself as Nicaragua’s premiere resort destination.
Long before guests arrived, however, Bill and his colleagues realized that the local inhabitants had an immediate need for health care services. They began amassing donations and recruiting volunteers. In 2004 the Roberto Clemente Health Clinic was built, staffed and ready to open its doors. Today, the clinic continues to serve and treat more than 8,000 local residents and visitors per year.
In his spare time, Bill enjoys restoring old properties or building new ones - usually with his own hands. One, in Argentina, is constructed of adobe, mud and stone, following Roman-era building techniques. It was put up with the help of two of his sons and a small crew of local gauchos. Another is a solar house built in Maryland, constructed of ferro-cement. The house was so unconventional – and perhaps uncomfortable – that his wife refused to live in it. “No one ever built a house like that before,” jokes Bill. “And no one ever will again.”

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