The author says there were more asset price bubbles between 1980 and 2000 than in any earlier period. Yet he devotes 80% of the book to prior periods. He also repeats what he has said many times which make the book at least a third longer than if he only said in one time. It would help you understand what he says if you were to have at least an undergraduate degree in economics. Therefore, be prepared to not understand all that he is saying.
This is a very short book. It is also a very easy read, if you ignore the footnotes, and explains how and why the USA is in the economic mess that it is in now. The book was published in 2008 and all the government policies have been just what he predicted they would be and that we would be in this mess.
I read Fooled by Randomness by Taleb in April 2021 and did not like it at all. This book is much better although it still rambles from time to time it is not as technical and he tells you when you can skip sections. The quotes should give you a good idea of what he says.
I finally got out of RV City on Friday a little before noon. The roof coating work created a very dirty Desperado so I scheduled a wash and wax by the mobile crew that have done it the past couple of years.
I am now starting my third day at RV City. The plan was that I would arrive on the 25 at 9:00 am and they would coat Desperado's roof that day and I would leave by 5:00 pm. So much for plans.
This customer review says what I have to say about the book. I was seriously considering NOT reading the other two books in the series until I read this review. I'll now give The Divine Invasion a chance.
I read all of Pepe's articles that I see on Strategic Culture but most or these were first published in Asia Times. Good articles that are recommended.
Starting last Thursday morning the low temperatures here have been 24, 26, 21 & 22°. WE might see a low in the 30s tomorrow morning but there is a forecast for rain and more snow. Then we will probably get another three mornings like these past four.
This book got some rave customer reviews and also got some that I agreed with. The God in this book is Herbert. The book simple gave him a platform to pontificate his philosophical thoughts in the guise of The Stolen Journals.
It is winter again here. The low this morning was 26° which is the first day in a week of forecast lows to be in the 20s. We could see a low in the upper teens next Tuesday, not good news. I have poor circulation in my hands and when the temperature goes below freezing the hands are painful even when wearing insulated gloves. The morning walks in these colder temperatures are going to be shorter for that reason. Maybe increase the noon and afternoon walk distances a little; or maybe not.