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List Price: $22.00Amazon.com's Price: $14.96 You Save: $7.04 (32%)Prices subject to change.
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Binding: Hardcover
Dewey Decimal Number: 332.64273
EAN: 9781604190083
ISBN: 1604190086
Label: Axios Press
Manufacturer: Axios Press
Number Of Items: 1
Number Of Pages: 430
Publication Date: November 07, 2008
Publisher: Axios Press
Sales Rank: 917
Studio: Axios Press
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Editorial Review:
Product Description:
Why is America in financial crisis today? This book, better than any to date, explains it all-how we got here and where we are going. The how we got here is brilliantly described in a collection of pieces from Grant's Interest Rate Observer, the Wall Street insider's Bible. The where we are going is treated in Jim Grant's up-to-the-minute introduction. No fan of Greenspan or Bernanke, Grant tells the unvarnished truth about America.
Customer Reviews
Average Rating: 
Rating:  - Mr Market Miscalculates
It is not an essay It's just a collection of papers some of them interesting some of them no so interesing that appeared before in a journal whose subscription may be very expensive for the average reader. Any way althought I found interesting quotes and insights, I think that I wouldn't buy it now, it was expensive, and some of the papers are no obsolet.
Rating:  - Predictable
I found the essays here somewhat predictable and no great joy as to style.
But this new book led me backwards to his earlier book MONEY OF THE MIND, a wry and spunky 100-year history of debt, booms, busts, and folly, which I enjoyed a great deal and found a real page-turner.
Rating:  - 4.5 stars-Bankers started loaning hundreds of billions to speculators
Grant has written a very nice critique of the deregulation of the financial markets that has been going on since the late 1970's.The Federal Reserve System(Fed) and SEC(Securities and Exchange Commission)simply allowed the big commercial banks and investment banks to ignore all of their OWN creditworthiness standards on who qualifies for a loan ,as well as letting them load up on all types of highly speculative types of assets, like collateralized debt obligations(CDO's). He pinpoints ... Read More
Rating: - In a Rising Market, It's More Profitable not to Ask
"The Cassandra industry is not so remunerative as the hedge fund business, so the professional investors and bankers stay in the race, taking the kind of risks that their better judgment tells them to avoid." states James Grant in his 'Mr. Market Miscalculates, The Bubble Years and Beyond,' a work comprised of pieces from his 'Grant's Interest Rate Observor.'
Grant has been charting the course of market excesses on a fortnightly basis for 25 years, and he has a remarkable record of getting ... Read More
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Dewey Decimal Number: 332.64273
EAN: 9781604190083
ISBN: 1604190086
Label: Axios Press
Manufacturer: Axios Press
Number Of Items: 1
Number Of Pages: 430
Publication Date: November 07, 2008
Publisher: Axios Press
Sales Rank: 917
Studio: Axios Press