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The Demise of the Dollar...: And Why It's Even Better for Your Investments (Agora Series)
Addison Wiggin
Wiley
, 2008 - 197 pages
average customer review:
based on 9 reviews
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Bartlett1
Solid review of where we are and what we can do to lessen the impact of the weak
dollar
.
Demise of the Dollar by Addison Wiggin
OUTSTANDING! If more people would read this book they would see the
demise
of not only of the
dollar
and the US Empire, but of Western Civilization no longer in control of the world economy. With a little bit of thought and understanding of the book one can see the future shift from the West to the East. India and China have been sleeping giants for a long time. Now that they have shed their cloaks of Socialism and Communism and taken up the Free Market System and the Western Civilization has switch their ideology, we now find ourselves passing each other, but going in different directions. WOW, what a book. I wish I could give it more than five stars.
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Educate yourself...
A quick yet informative read. The book is really a collection of semi-organized essays. It gets fairly repetative, with the author driving home his point in a multidude of ways, but with good intentions. He does a good job explaining concepts, and this could have been an entry in the "...For Dummies"
series
. Disappointingly there is little positive advice, only a few pages at the very end. If anything it opened my mind to how mismanaged our economic policies are, and the most important thing I learned is that I need to be more proactive about educating myself and investing for my future. A bit like waking up out of the Matrix.
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Clear & Engaging
I found this book to be a page-turner and a quick read -- just one weekend.
This book is exactly what I wanted. Some reviews complain the book is too deep or not deep enough. That it has too much or too little investment advice. I'd say it's just right. The points are well-substantiated, but not boring, and the investment advice is both broad enough to offer options and targeted enough to be immediately useful.
I found out about it through his free email newsletter, Daily Reckoning. It's a great place to get familiar with his ideas and to help decide whether or not to buy the book.
Wiggin synthesizes historical trends, current news, and forward-looking concepts, all in one neat little package. It tackles a difficult and expansive topic in a way that's accessible and kind of fun. Beyond five stars, I'd rate
Demise
of the
Dollar
as a 9.7 out of ten. If you're interested in America's future, I recommend buying this book.
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2
As the
dollar continues
to weaken throughout the world, it has become clear that the impact is going to be significant as well as far reaching. This book explores the number of reasons for the dollar's current state, including the prior structural flaws of the dollar, the growing trade deficit, the Euro and other international factors. It also discusses the results of the dollar's fall and how it will impact economies worldwide. Continuing where The
Demise
of the Dollar left off, it explores the dollar's increasingly sharp decline over the past few years and provides readers with updated suggestions for protecting their portfolios.
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