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I wanted a credible counter point to the pro gold view but this was low on reason and high on verbose platitudes. In fairness i could only stomach it to Chapter three, but the style was not for me.
2 of 2 people found this review helpful
Long story short Dent tells people to buy bonds which is pretty much the worst thing you could buy at the moment. I am not saying gold is any better, but a quick look at corporate profits screams 'stay away'. I totally understand the logic of what he is saying, the only problem with his line of thinking is keynesians are always going to do keynesian things. Central banks would never just sit back and allow the markets to be free. We in reality live in a central planned economy, and his logic only makes sense in a free market.
4 of 4 people found this review helpful
The author seems extremely convinced about his predictions and tries to convey his convinctions to the readers. I'm not sure if anyone on this earth can be so sure about future events especially related to economy, and therefore pushing people to act accordingly.
If however his predictions will be true, then we are heading to a new economical worldwide disaster. But again, is it possible that no one from the world economical and financial leaders predicted the same events or read his book and was convinced about his predictions, and will do nothing to change this fact?
1 of 2 people found this review helpful