Product Details

• Amazon Sales Rank: #363672 in Books
• Published on: 2005-03-18
• Format: Illustrated
• Original language: English
• Number of items: 1
• Binding: Paperback
• 300 pages

Synopsis
This frightening book shows how massive consumer debt will trigger the next depression, starting in 2007. With interest rates increasing, savings rates near zero and debt at its maximum, people will be pushed over their debt limit, causing the depression.

Customer Reviews

You should buy this book NOW! In 2007, before it's too late.
A really fascinating book.

The author is NOT a professional "bestseller drudge" who churns out rubbish with catchy titles.

In fact the man is a statistician from G.E., which is saying something, who came to some conclusions about the current state of the financial world, and felt compelled to set these findings out. You should read this book, and do so this year.

Prophetic!
This is a very prophetic book (as we are starting to see now) and is clearly as relevant to the UK as it is to the US.

Non suited for the uk
Based on predictions for the american market rather than the uk, a lot of wild predictions, probably best to give this one a miss...