Bad Money The Inexcusable Failure of American Finance An Update to Bad Money

Kevin Phillips, "Bad Money: The Inexcusable Failure of American Finance: An Update to Bad Money "
English | ISBN: 0143114808 | 2009 | 352 pages | EPUB | 1156 KB
In his acclaimed book American Theocracy, Kevin Phillips warned of the perilous interaction of debt, financial recklessness, and the spiking cost (and growing scarcity) of oil- warnings that are proving to be frighteningly accurate. Now, in his most significant and timely book yet, Phillips takes the full measure of this crisis. They are a part of what he calls "bad money"- not just the depreciated dollar, but also the dangerous attitudes and the flawed products of wayward mega-finance. His devastating conclusion: In its hubris, the financial sector has hijacked the American economy and put our very global future at risk-and it may be too late to stop it.