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| The Second Great Depression | 
 enlarge | Author: Warren Brussee
Publisher: Booklocker.com, Inc.
Category: Book
Buy New: $600.00
Buy New/Used from $600.00
Avg. Customer Rating:  (28 reviews)
Sales Rank: 237309
Languages: English (Original Language), English (Unknown), English (Published)
Media: Paperback
Number Of Items: 1
Pages: 300
Shipping Weight (lbs): 1.2
Dimensions (in): 9.9 x 7 x 0.7
ISBN: 1591136881
Dewey Decimal Number: 332
EAN: 9781591136880
ASIN: 1591136881
Publication Date: March 18, 2005
Availability: Usually ships in 1-2 business days
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| Customer Reviews:
 Half Supposition- Half Regurgitated December 31, 2007
7 out of 15 found this review helpful
This is one of those situations where you can't believe that anybody rated this book higher than a 2. The first half of the book is simply a bunch of opinions and fears put out by the author without statistical support. The second half is just the same old "how much do you need to save in order to retire" discussion available in every investment and retirement book available. I was sorely disappointed because the author's premise seems very interesting. Unfortunately, the intellectual rigor necessary for this book to add something unique and interesting to the economic dialogue was just not invested.
 nice read December 18, 2007
2 out of 3 found this review helpful
This is my, second time writting this review, there is something weird about it not being posted. I find this book very nice and the comments on the blog on Amazon very interesting and responsible. For someone who tries to predicts the economic future, it is very bold of him to continue to defend his ideas. The posted comments were still blocked at 11.....why? Being a believer in any form of conspiracy i will keep asking ....why?
 A THESIS OF EXCELLENCE ON HOW DEPRESSIONS HAPPEN September 9, 2007
3 out of 3 found this review helpful
A Timeless work of Mastery in that it exposes what will be obvious in a few months to years. Based on concrete fact the conclusions support the facts. A Brilliant Writ which should be in every Economics class from High School to College!
A must read from the young entrepenuer to the MBA.
What the Government wishes to avoid is the harsh reality of impending Depression. After a brief dicussion with the author I can state he is a solid concrete thinker. I have injected thoughts of Taxflation (TM) which are sure to happen. I hope for sequele where the author can expound on defensive manuvers. One which I thought of is the "Roth Shuffle" (T.M.) about to take effect where 401 K's, IRAs and Sep Iras can be converted and taxed up front removing the Draconian "Taxflation" T.M. from future years of the Next Great Depression.
This gives more leverage to the author's well done tables of pension and investment income preserved by TIPS. Don Iden MD,FAAD,FABD,Mayo Clinic Alumnus. 4521 S Staples Street Ste 100 Corpus Christi, TX 78411-2603
 Dated and not so great March 15, 2007
19 out of 36 found this review helpful
This book doesn't really contain anything I didn't already know from books like "Empire of Debt" by Bonner and Wiggin. The latter is a much more well researched and well written book in addition to being more current. I would recommend it instead if you haven't read it. This book at hand had mediocre writing and some arguments that were crankish, especially the ones regarding investing in the stock market. It has many charts but most of them are rather obvious from the text and often unnecessary. Much of the data tables are things anyone could crank out on a spreadsheet program with ease and are embarrassingly simplistic at times. I do not recommend this book.
Debt on top of debt as we survive on a sort of "flywheel" effect. (but when happens when they call in the loans?) November 21, 2006
18 out of 20 found this review helpful
Being an Engineer myself, I appreciate his approach to analyzing a problem and breaking it down into parts. I think the data he has pulled together is very relevant, and his conclusion make sense. (I only wish they did not)
The world assigns a certain "value" to everything, and the value we have as a country is that of a consumer. Without our consumption, these fast climbing countries would NOT be able to grow their production capacity. (their own value)
The problem is that we are such poor savers that these "growing" producers are actually loaning us the money to buy their goods! in doing so, they are handing us the rope to hang ourselves!
If and when they build up enough wealth and consumption in their own society that they do not need us.....they will cut off our allowance and expect us to pay them back....then what?
This book has a similar view of our problems as another book I read called "Three Billion New Capitalists", though the author of that book was the Counselor to the Secretary of Commerce under Ronald Reagan. So while that book talked with quite a bit of first-hand knowledge, Mr. Brussee lookst at the same situation by analyzing all the data that is available to each of us...except he pulls it all together and makes sense of it.
I think Mr. Brussee has a more negative outlook for the situation, though I don't think either book paints a rosey picture of how our debt and imbalance of trade is doing anything by killing our value/worth to the world.
Both of the above books are worth the price and I suggest you read both books.
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