by Addison Wiggin
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Product Description 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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Average Customer Review:
0 of 0 people found the following review helpful:
I felt it was poorly written., 2008-07-13 I purchased this book to hear various points of view on the US and global economy. Having chapters 1 through 4, I skipped to the final chapter 8 where the author finally presents his recommended course of action.
Overall, however, I felt the book was poorly written. It is filled with repetitive and alarmist language, somewhat like you may expect to see on a newscast. I also felt it was insufficiently backed up with references and hard numbers. Much of the text would not be accepted on Wikipedia without those annoying "citation needed" tags.
Long story short, I plan to return my copy to Borders tomorrow and have posted here to register my dissatisfaction.
1 of 1 people found the following review helpful:
Educate yourself..., 2008-06-05 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.
2 of 2 people found the following review helpful:
not what I was looking for, 2008-06-03 I regretted purchasing the book because I was looking for the author's concrete, systemic suggestions of what to do in a time of the dollar's demise. I was hoping for something like model portfolios or suggested portfolios and felt that in lieu of that the author's emphasis was on why we are in trouble and what the situation is. I was in the market for what to do about it. The other information I can easily find on Austrian School websites.
2 of 3 people found the following review helpful:
Clear & Engaging, 2008-06-01 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.
0 of 2 people found the following review helpful:
Demise of the Dollar by Addison Wiggin, 2008-06-01 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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