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A few hours into this audiobook I gave up. The unbearably slow pace of Mr. Pratt's reading was driving me crazy and I could not stand the boredom anymore. Maybe speeding up the player, if I had that option, would have made the listening bearable, but then I had a much bigger problem with this book - I was not learning anything new here. The authors drown a precious few flimsy arguments about the US being an empire (so what?) and Americans spending too much (really?) with a whole lotta a bland sauce of yaddy-yadda peppered with what they obviously consider to be "witty" remarks, but which I only found to be annoingly snarky attempts at humor. Then I realized why the book bores me so much - it's a personal doom-and-gloom cermon of the authors' convictions, not a presentation of hard facts about the state of American economy. Why is American economy where it is now? Don't look for a deep analysis here. Although I agree with some of the things the authors claim (yes, Americans are not saving enough), they say very little about why Americans started to behave like this and why the economy is in decline. The true answers would be very uncomfortable to admit for free-marketeers like Bonner and Wiggin... If you want to hear more common sense than dogma and find out what's really wrong with American (and global economy) read this book instead: 23 Things They Don't Tell You about Capitalism by Ha-Joon Chang. You will get much clearer answers about why America is in debt.
2 of 2 people found this review helpful
read at your own peril, you may shatter all of your previous preconceptions, but you will learn a few things.
Over the top, but wise enough to pull it off. Reminder that things end, always. And the bust you knew was coming still is. Even if we can't know when.