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The new economic disorder Paperback – 1994

4.0 out of 5 stars 51 customer reviews

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From the Back Cover

Surviving the new economic disorder

There is no question that America is in the midst of a serious financial crisis--unemployment is up, homes are going into foreclosure, and every day it costs more and more just to get by.

Economist Larry Bates understands the serious problems we face, and in The New Economic Disorder he reveals the five powerful, dangerous, and unstoppable forces that are causing it. With clarity and confidence, he turns to the Bible to help us to understand that there is a permanent, lasting solution, addressing such topics as:

* The coming new world order and what it has to do with your finances
* Your financial privacy (hint, you don't have any...)
* How government manipulation has given us an illusion of prosperity
* The debt bubble and what that means for your investments

God does indeed have a plan! Discover how you and your family can survive--and thrive--in these difficult times. --This text refers to an out of print or unavailable edition of this title.

About the Author

 Dr. Larry Bates, an economist and publisher and editor of Monetary and Economic Review, is a former member of the Tennessee House of Representatives and chairman of its Committee on Banking and Commerce. Dr. Bates is a former bank CEO and has taught money and banking for the Bank Administration Institute and the state college system in Tennessee. He is an internationally recognized speaker on political systems and the Federal Reserve and how they affect the economy and your finances. Bates is also the CEO of the Information Radio Network and IRN USA Radio News.
--This text refers to an out of print or unavailable edition of this title.
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Product Details

  • Paperback: 207 pages
  • Publisher: Creation House (1994)
  • Language: English
  • ISBN-10: 0884193756
  • ISBN-13: 978-0884193753
  • Product Dimensions: 7.8 x 5.1 x 1 inches
  • Shipping Weight: 1.1 pounds
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (51 customer reviews)
  • Amazon Best Sellers Rank: #14,074,809 in Books (See Top 100 in Books)

Customer Reviews

Top Customer Reviews

By David Srnsky on September 30, 2008
Format: Paperback
I thought it was a good quick read book. He had a few things in it that were very very insightful. While it's not a deep in depth book, I thought he did pretty good. (I have to say he did good because he thinks just like me. lol )Besides he predicted was is now happening on Wall Street to the letter. He seems to know his stuff and doesn't tout himself as being a super intelligent PHDD EEconomic ID alien know-it-all. He simply presents his ideological opinion of the current economic banking system along with the Bible. Yes the bible. He was a banker, congressman and a pretty smart guy to foresee what is now happening on Wall Street. If you have any interest in the markets, this is a must read.
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Format: Paperback
Dr. Bates really exposes the truth behind our currency and banking system and how it affects all of us in our daily lives. This is a must read for all trying to make heads or tails of the turmoil in our economy today. While it was written five years ago, the information and basic principles it uncovers are timeless and will be as true one hundred years from now as they are today. If you are concerened for your financial future or that of future generations, you will find solutions to the economic problems that we are facing today. For those who need to know what to do to protect their hard-earned assets, this is again, a must read.
I am impressed with this book and recommend that every household read a copy. It should be required reading for all business and economic majors.
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Format: Paperback
Mr. Bates' book is long on problem definition but miniscule on what to do about it. He does an excellent job of describing how the "New Economic Disorder" came about, but to suggest that there are mitigating "Strategies" for your personal finances in the book is highly misleading. In fact, I would say that his recommendations for dealing with the current financial crisis at a personal level almost seem to be an afterthought.
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Format: Paperback
The best part of the New Economic Disorder was its review of the world's financial system. Though the book was copyrighted in 2008 and its cover stated it was "revised and updated," the book nonetheless had a rather dated feel to it, with most of the charts, graphs, and financial examples from the early 1990's (more current material should have been used for a "revised" edition). There were a few brief references to more recent events, but overall this book seemed like it had been rather hastily cobbled back together from an earlier decade-old edition to capitalize on the current financial meltdown. I never could find the date of the original edition of the book and wonder exactly when it was first published. Not bad as a quick financial overview, but there are better books available if one wishes to understand the causes of our current financial mess (e.g., "The Coming Generational Storm" by Kotlikoff & Burns, or "America's Bubble Economy" by Wiedemer et al.).
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Format: Paperback Verified Purchase
There are many frustrating things about this book, but for the sake of brevity, I shall keep my list to only two items. First, the book reads like an infomercial. Bates tries to lure you in with his financial-hell-and-brimstone message in the first 150 pages or so. But then the reader realizes what he is up to. Every few pages, Bates starts listing a number to call so you can order a couple of videos, though he omits the prices. So it becomes quite understandable that he provides limited advice in this book as to what to do about the impending financial doom--he wants to sell additional resources!

A second, related frustration is his heretical belief in a wealth-and-prosperity gospel. His version is almost amusing. In his last chapter, entitled "The Joseph Generation," Bates asserts that there is going to be a wealth transfer from those who are ignorant of the impending economic collaspe to those who heed his advice and buy gold and silver coins. Of course, he never provides evidence of this claim. What he doesn't tell you is that he is really after a different sort of wealth transfer: from those who seek information to Bates himself who purports to provide information on how to survive and even thrive during these upcoming economic earthquakes.

Ok, I admit the book has some redeeming value, providing information to those who may not understand national economics and the banking system. However, the information is a hodge podge and it is too miniscule to be meaningful. There are other, better books that address this national problem, which I do think will be a reality in the near future. For example, I recommend Crash Proof by Schiff. Better analysis and more specific advice on how to deal with an economic collapse.
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Format: Paperback
His description of how the powerful few are controlling the distribution of wealth is intriguing, like a good conspiracy theory story. Based on his credentials and experience, perhaps this one is true. Dr. Bates repeats the same information and arguments in each chapter. I got it after the first couple of chapters, the rest was useless and boring repetition. Dr. Bates says that the desire of the central bankers and the politicians is to force an economic meltdown to transfer wealth from us to them. They are already extremely wealthy and how does making hundreds of million people miserable and angry benefit them? Seems to me, they are putting themselves in danger of violent revolt. After finally getting to chapter 16, "What do I do now?" Dr. Bates tells me I need to contact his business and buy his CDs and other information to obtain a sufficient level of economic understanding to know what to do. I bought this book because it was supposed to have that information. One other reviewer said that Dr. Bates is a genius. I must agree. It takes genius to stretch such a small amount of information into 240 pages of fluff.

Dr. Bates does list a few practical actions that make sense to perhaps survive a catastrophic meltdown for a short time. But in no way explains how to "thrive" in the situation we find ourselves. I wish he would have explained more about how using gold and silver as money is achieved in a practical way once the bottom falls out. Who is going to buy it and for what price? Why won't the government be able to regulate or heavily tax gold sales to take away its value? I also wish he would have explained why gold (now extremely pricy) is a good buy. It was probably a good buy at $350. Is this another bubble that will burst as it did in the 80s?
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