In their 2004 book The Coming Collapse of the Dollar, James Turk and John Rubino advised readers to bet against the housing bubble before it popped and to buy gold before it soared. Those were literally the two best investment ideas of the decade. Now Turk and Rubino are back to say that history is about to repeat. Instead of addressing the causes of the 2008 financial crisis, the world´s governments have continued along the same path, accumulating even more debt and inflating even bigger financial bubbles. So another - even bigger - crisis is coming. Whether it ends up being called a ´´crack-up boom´´ or ´´the End of Paper Money´´ or ´´the Second Great Depression,´´ it will change everything, from the kinds of investments that create new fortunes to the kinds of money that most of us save and spend. Among many other things, the authors explain: How governments are hiding the scope of the problems they face. Why the world´s paper currencies will soon stop functioning as money. How you can protect your savings from the threats posed by this transition from ´´unsound´´ paper currencies to ´´sound´´ money like gold and silver. How you can actually make money - perhaps a lot of it - during this transition. ´´Because the Money Bubble involves the world´s major currencies rather than just a discrete asset class like houses or tech stocks, its bursting will be both far more devastating for the unprepared and far more profitable for those able to understand it and act accordingly. Our goal is to usher you into this small but happy second group.´´ - James Turk and John Rubino, The Money Bubble 1. Language: English. Narrator: Larry Wayne. Audio sample: http://samples.audible.de/bk/acx0/027019/bk_acx0_027019_sample.mp3. Digital audiobook in aax.
Kyle Ferguson was living in a bubble...until he saw something that forced him to question everything he had believed. Kyle tells how he broke free from religious fear by studying some of the greatest minds who have ever lived - and the Bible. This led to him becoming a human and animal rights activist and co-founding The Light Movement.The Christian Bubble presents some startling truths that will help you expand your consciousness, break free from fear, and see how to truly love other beings.´´Every mind should be true to itself - should think, investigate, and conclude for itself.´´ (Robert G. Ingersoll, American lawyer, Civil War veteran, political leader, and advocate for justice, liberty, equality, and free thought) 1. Language: English. Narrator: Kyle Ferguson. Audio sample: http://samples.audible.de/bk/acx0/157426/bk_acx0_157426_sample.mp3. Digital audiobook in aax.
The Great Recession:The burst of the property bubble and the excesses of speculation 50minutes. Com
A noble profession is facing its defining moment. From law schools to the prestigious firms that represent the pinnacle of a legal career, a crisis is unfolding. News headlines tell part of the story - the growing oversupply of new lawyers, widespread career dissatisfaction, and spectacular implosions of preeminent law firms. Yet eager hordes of bright young people continue to step over each other as they seek jobs with high rates of depression, life-consuming hours, and little assurance of financial stability. The Great Recession has only worsened these trends, but correction is possible and, now, imperative. In The Lawyer Bubble, Steven J. Harper reveals how a culture of short-term thinking has blinded some of the nation’s finest minds to the long-run implications of their actions. Law school deans have ceded independent judgment to flawed U.S. News & World Report rankings criteria in the quest to maximize immediate results. Senior partners in the nation’s large law firms have focused on current profits to enhance American Lawyer rankings and individual wealth at great cost to their institutions. Yet, wiser decisions - being honest about the legal job market, revisiting the financial incentives currently driving bad behavior, eliminating the billable hour model, and more - can take the profession to a better place. A devastating indictment of the greed, shortsightedness, and dishonesty that now permeate the legal profession, this insider account is essential reading for anyone who wants to know how things went so wrong and how the profession can right itself once again. 1. Language: English. Narrator: Walter Dixon. Audio sample: http://samples.audible.de/bk/gdan/000945/bk_gdan_000945_sample.mp3. Digital audiobook in aax.
In 2006, Ben S. Bernanke was appointed chair of the Federal Reserve, capping a meteoric trajectory from a rural South Carolina childhood to professorships at Stanford and Princeton, to public service in Washington´s halls of power. There would be no time to celebrate, however - the burst of the housing bubble in 2007 set off a domino effect that would bring the global financial system to the brink of meltdown. In The Courage to Act, Bernanke pulls back the curtain on his efforts to prevent a mass economic failure, working with two US presidents and using every Fed capability, no matter how arcane, to keep the US economy afloat. His experiences during the initial crisis and the Great Recession that followed give listeners an unequaled perspective on the American economy since 2006, and his narrative will reveal for the first time how the creativity and decisiveness of a few key leaders prevented an economic collapse of unimaginable scale. 1. Language: English. Narrator: Grover Gardner. Audio sample: http://samples.audible.de/bk/brll/007288/bk_brll_007288_sample.mp3. Digital audiobook in aax.
The casino was alive and well in Will Roger´s time. It was called Wall Street then as well. But mainstream media allowed for the total exposure of the criminal greed of the Street. Bankers were determined not to allow that mistake to rain on their next financial orgy, so that Will Rogers would have had no voice in the days of the ponzi housing bubble and subsequent crash. Things are different now, and mainstreet is even more vulnerable than in the roaring twenties. As a 10th grade dropout, the most powerful pundit of his time saw through the behavior of predatory bankers. And he had the forum with which to warn the nation. In the Great Depression and the times leading up to it, there was a mainstream voice for the people. In the days leading up to our ponzi housing bubble and even after the crash, there is no such powerful journalist. Don´t be deceived, Will Rogers would have figured out the current banker schemes just as effectively as he figured out the schemes and scams of his time. Until the mainstream press adopts the powerful words of Will Rogers, you know that the financial powers that be remain in firm control. Until you see words like Will Roger´s quotes about banks on your major TV and news publications, you know that your democracy has been taken from you. You can be sure that bad bank behavior will still be with us, with schemes and scams certain to find an evil place for most households in America. It is the author´s opinion that the most important service for his country was for Will Rogers, a man of such influence, to take on the banks boldly and advocate for the poor and the disenfranchised. He did this from a conviction that the banks were the cause of the Great Depression. We are not listening to this great man today, and that will enable the bankers to repeat the immoral behavior they have initiated against the people. 1. Language: English. Narrator: Kenneth Lee. Audio sample: http://samples.audible.de/bk/acx0/003766/bk_acx0_003766_sample.mp3. Digital audiobook in aax.
These two unabridged chapters from Charles Mackay’s two-volume evergreen work, Popular Delusions and the Madness of Crowds (1841) deal with the disastrous South Sea Bubble and the extraordinary outbreak of Tulipomania in Holland. The South Sea Company, a British joint stock company founded in 1711, was granted a monopoly to trade in Spain’s South American colonies. In return, the company took on the national debt of England. Speculation in the company´s stock led to a great economic bubble known as the South Sea Bubble in 1720, which caused financial ruin for many, including the Chancellor of the Exchequer, Mr. Aislabie. Mackay describes this exciting period with great relish and in considerable detail. Tulipomania was an equally bizarre and tragicomic period in Dutch history when almost the whole population began trading and speculating in tulip bulbs, leading to the financial ruin of thousands. At the height of tulip mania, in 1637, a single tulip bulb might sell for more than 10 times the annual income of a skilled craftsman. It is often considered the first recorded economic bubble.For those interested in contemporary finance, economics or social history these incidents are sure to delight and horrify in equal measure. Also included is Mackay’s amusing chapter on the passing fashions in slang in London. The South Sea Bubble and Tulipomania: Financial Madness and Delusion is read by Greg Wagland for Magpie Audio. 1. Language: English. Narrator: Greg Wagland. Audio sample: http://samples.audible.de/bk/magp/000009/bk_magp_000009_sample.mp3. Digital audiobook in aax.
In the last half of 2008, the Empire of Debt received the margin call from Hell. Now, all of its citizens are asked to pay up as the U.S. economy stumbles down a dangerous path of financial turmoil. What exactly went wrong? When things are good, people tend to believe the most outrageous things - that the financial sector could get rich by lending money to people who couldn´t pay it back, and that a whole economy could flourish by luring consumers to spend more than they could afford. These hallucinations created an immense worldwide bubble of debt and dollars. And now - with the U.S. government inflating the biggest bubble in public debt the world has ever seen - a financial whirlpool has formed and threatens to drag the entire country down the drain. In The New Empire of Debt, the internationally acclaimed author team of William Bonner and Addison Wiggin return to reveal how the epic financial bubble that is plaguing the United States will soon bring an end to this once great empire. They offer a frightening look at the United States´ precarious position and discuss how government control of the economy and financial system - combined with unfettered deficit spending and gluttonous consumption - has ravaged the business environment, devastated consumer confidence, and pushed the global economy to the brink. They warn of the dangers that lie ahead and offer practical advice to protect your financial well-being as the American empire collapses upon itself. You´ll discover that you don´t have to tie your own fate to the inevitable destruction of America´s system of imperial finance. Instead you can take some simple steps to weather the crisis. Bonner and Wiggin have been studying the financial landscape for more than 20 years. Now, they not only show you how we got into this mess, but how to get yourself out of it. 1. Language: English. Narrator: Sean Pratt. Audio sample: http://samples.audible.de/bk/gdan/000319/bk_gdan_000319_sample.mp3. Digital audiobook in aax.
For a while, it seemed impossible to lose money on real estate. But then the bubble burst. The financial sector was paralyzed and the economy contracted. State and federal governments struggled to pay their domestic and foreign creditors. Washington was incapable of decisive action. The country seethed with political and social unrest. In America´s First Great Depression, Alasdair Roberts describes how the United States dealt with the economic and political crisis that followed the Panic of 1837. As Roberts shows, the two decades that preceded the Panic had marked a democratic surge in the United States. However, the nation´s commitment to democracy was tested severely during this crisis. Foreign lenders questioned whether American politicians could make the unpopular decisions needed on spending and taxing. State and local officials struggled to put down riots and rebellion. A few wondered whether this was the end of America´s democratic experiment. Roberts explains how the country´s woes were complicated by its dependence on foreign trade and investment, particularly with Britain. Aware of the contemporary relevance of this story, Roberts examines how the country responded to the political and cultural aftershocks of 1837, transforming its political institutions to strike a new balance between liberty and social order, and uneasily coming to terms with its place in the global economy.