A World In Debt
Posted by Average Joe on June 17th, 2010 at 06:18pm
A World In Debt
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Product Description
Published in 1935, at the depth of the Depression, A World in Debt is a powerful indictment of the debt system. Is is written in eloquent but non-technical language with profuse use of clasical sources. With a foreword and a commentary by Albert D. Friedberg, the republisher, a noted currency and commodities analyst and seculator.
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2 Comments for A World In Debt
1. Mr. Reginald Duquesnoy | June 22nd, 2010 at 7:31 pm
Rating
One of the great and forgotten economic classics.Those who ignore history are bound to repeat its mistakes.
Mandatory reading for Mr Greenspan, Bernanke and all bankers, let alone Central ones.
What they propelled up must come crashing down. Addiction to debt is deleterious to your financial health.
As we are to repeat the 1929 crisis on a grander scale, in technicolor and cinemascope, well worth rereading this great ‘black and white’ account of the folly of debt.
A sober reminder that ‘greed is not good’ and that (economic) ‘science sans conscience, n’est que ruine de l’âme!’
2. C. Coryn | June 23rd, 2010 at 9:07 pm
Rating
This is the 1935 classic which tells you, like you’ve never heard before, just what debt really is, how it works, and why it can bring down any civilization. As good, if not better, than Andrew Dickson White’s ‘Fiat Money Inflation in France’. Believe me, these will knock your socks off!
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