The Ticking Debt Bomb


Book Description

For the last few years, most of the economic news in the United States has been glowing. The U.S. economy has grown at a healthy 4% average rate since 1997, with virtually full employment and almost negligible inflation, thus returning to macroeconomic conditions not experienced since the early 1960s. Two-and-a-half years after Federal Reserve Board Chairman Alan Greenspan warned of "irrational exuberance" on Wall Street, the New York stock market continues to climb to unparalleled heights. Meanwhile, more and more observers claim that we are now in a "new economy" that is immune to the forces that caused inflation and recessions in the past. Yet in the midst of this celebratory environment, certain indicators regularly cast a pall over these otherwise sunny times.




America's Ticking Bankruptcy Bomb


Book Description

In America’s Ticking Bankruptcy Bomb, conservative policy expert Peter Ferrara explores the issue that will be THE hot-button topic from now until the 2012 presidential election: the looming bankruptcy of the federal government of the United States of America. Providing indisputable evidence that the American welfare state, aggressively expanded by Barack Obama and the Democrats in Congress, is on the verge of rapid and total collapse, Ferrara offers concrete proposals for reforming entitlement programs along free market lines that will shift responsibility from centralized bureaucracies to individual Americans. For every concerned citizen, America’s Ticking Bankruptcy Bomb is a must-read—a blueprint for avoiding the impending catastrophe before it’s too late.




The Global Debt Bomb


Book Description

Within a historical perspective, Clayton clearly explains the "culture of debt" - its definition, how it got to be such a major burden, why we can't live without it, and ways to manage it more efficiently. He addresses the development of debt over the course of the 20th century in both the US and world economies. This comprehensive multidisciplinary analysis covers all aspects of debt - benefits and necessity; the impact (both good and bad) on individuals, corporations and governments; and lessons to be learned from the past. Clayton, drawing on current research and extensive primary data in economics, political science, and history, concludes that with our rapacious accumulation of debt and common-place use of "debt-finance", our society has set itself up for a significant financial decline.




The Debt Bomb


Book Description

Senator Tom Coburn analyzes the reality of America's fiscal crises and proposes methods for true recovery.




Summary: The Debt Bomb


Book Description

The must-read summary of Tom A. Coburn's book: “The Debt Bomb: A Bold Plan to Stop Washington From Bankrupting America”. This complete summary of "The Debt Bomb" by Tom A. Coburn, an American politician, presents his explanation that the greatest threat America is facing is the unsustainable borrowing and spending of the government. He argues that America was going bankrupt long before the economic downturn and calls for action and structural reforms. Added-value of this summary: • Save time • Understand the American fiscal crisis and borrowing habits • Expand your knowledge of American politics and economics To learn more, read "The Debt Bomb" and discover the threat posed by the American government's uncontrolled borrowing and spending habits.




America's Ticking Bankruptcy Bomb


Book Description

In America's Ticking Bankruptcy Bomb, conservative policy expert Peter Ferrara explores the issue that will be THE hot-button topic from now until the 2012 presidential election: the looming bankruptcy of the federal government of the United States of America. Providing indisputable evidence that the American welfare state, aggressively expanded by Barack Obama and the Democrats in Congress, is on the verge of rapid and total collapse, Ferrara offers concrete proposals for reforming entitlement programs along free market lines that will shift responsibility from centralized bureaucracies to individual Americans. For every concerned citizen, America's Ticking Bankruptcy Bomb is a must-read--a blueprint for avoiding the impending catastrophe before it's too late.




Debt Bomb


Book Description

"A deftly crafted thriller that kept me turning pages---through politics, money, and murder---to the ending I didn't see coming." - Chris DeRose, New York Times Bestselling Author of The Fighting Bunch. A political thriller, tied in to real events, about an apocalyptic threat to America that is ticking remorselessly in the background while Americans continue their daily routines, oblivious to the danger. For years, China's spy agency has been watching the United States rack up trillions of dollars in debt, waiting for the right moment to weaponize that debt to collapse the American government and install a Communist puppet regime. At the same time, suburban accountant Andrea Gartner has been an outspoken critic of the debt as a leader in the South Carolina state Republican Party. When the United States elects President Earl Murray, he brings Andrea into his government as budget director to solve America's debt problem. But before the nameplate is even installed on her office door, China strikes, engineering an American debt crisis that brings the country to the brink of collapse. Government operations come to a screeching halt. With the American hegemon on its knees, China violently seizes the opportunity to fulfill its territorial ambitions in Taiwan and the South China Sea. Thrust into the rapacious, cutthroat world of American politics and surrounded by crises on all sides, Andrea begins a desperate effort to save the United States. Arrayed against her are cynical politicians and belligerent military brass, some of whom just might be secret Chinese agents. Will Andrea be able to keep the United States alive to fight another day? Or will America drown in a sea of red ink at the hands of the Chinese and see its democratic government replaced by a Chinese Communist puppet regime? American life as we know it is about to be obliterated by a debt bomb. And the only person who can save the country is a suburban accountant.




Why You Should Give a Damn about Economics


Book Description

The debt bomb is ticking, and only we can diffuse it. America is in a crisis. Our accumulating debt-in the trillions-shows no end in sight, and our governmental leaders have done little to mitigate this threat. Whether you are living on Wall Street or in a one-square-mile town, national economics can and does apply to our day-to-day lives. Former CPA and active CEO of Rubin Development Company, Les Rubin aptly outlines the basics of our economics, the history, and the benefits and pitfalls of proposed solutions. A concise but comprehensive handbook, Why You Should Give a Damn About Economics will give you the right tools to clip the right wire on the debt bomb before it's too late.




Disarming the Debt Bomb


Book Description

The author describes the social costs of inflation and the banking system in the United States, and suggests an alternative called the "Savings Pool."




Defuse the Debt Bomb?


Book Description