Bad Money
The Inexcusable Failure of American Finance: An Update to Bad Money (A Penguin Group eSpecial from Penguin Books)
-
- $4.99
-
- $4.99
Publisher Description
In his acclaimed book American Theocracy, Kevin Phillips warned of the perilous interaction of debt, financial recklessness, and the spiking cost (and growing scarcity) of oil- warnings that are proving to be frighteningly accurate. Now, in his most significant and timely book yet, Phillips takes the full measure of this crisis. They are a part of what he calls "bad money"- not just the depreciated dollar, but also the dangerous attitudes and the flawed products of wayward mega-finance. His devastating conclusion: In its hubris, the financial sector has hijacked the American economy and put our very global future at risk-and it may be too late to stop it.
Customer Reviews
Phillips is a thoughtful, articulate author
If you are looking for mindless Ann Coulter/Michael Moore red meat...forget about Phillips.
If you are looking for thoughtful, historically factual reading...he is for you.
The reader may not always agree with his conclusions, but one can't help but respect him