Never before have we read such jarring headlines, distressing news analyses, or dire predictions concerning the world's financial future. The American housing market -- or, more sentimentally, the American dream -- began to collapse in 2006, taking with it large chunks of the global financial system. Millions of jobs worldwide have vanished forever. Did Bible prophecy predict this catastrophe? Are there biblical clues to how soon, if ever, a viable, long-term recovery can be sustained? Is the financial collapse just one of several signs that we are living in the final days of Earth's history. In The Coming Economic Armageddon, David Jeremiah says we can know the meaning behind what we see in the daily news -- and understand and prepare for living in the New Global Economy.
'Financial Armageddon' describes the four key financial elements - debt, derivatives, government guarantees, and retirement - and how they are unraveling. The text describes the impact they will have on our families, finances, investments, and economic wellbeing.
Before the First World War, the British Admiralty conceived a plan to win rapid victory in the event of war with Germany-economic warfare on an unprecedented scale.This secret strategy called for the state to exploit Britain's effective monopolies in banking, communications, and shipping-the essential infrastructure underpinning global trade-to create a controlled implosion of the world economic system. In this revisionist account, Nicholas Lambert shows in lively detail how naval planners persuaded the British political leadership that systematic disruption of the global economy could bring about German military paralysis. After the outbreak of hostilities, the government shied away from full implementation upon realizing the extent of likely collateral damage-political, social, economic, and diplomatic-to both Britain and neutral countries. Woodrow Wilson in particular bristled at British restrictions on trade. A new, less disruptive approach to economic coercion was hastily improvised. The result was the blockade, ostensibly intended to starve Germany. It proved largely ineffective because of the massive political influence of economic interests on national ambitions and the continued interdependencies of all countries upon the smooth functioning of the global trading system. Lambert's interpretation entirely overturns the conventional understanding of British strategy in the early part of the First World War and underscores the importance in any analysis of strategic policy of understanding Clausewitz's "political conditions of war."
A Washington Post Notable Nonfiction Book for 2011 One of The Economist's 2011 Books of the Year In Reckless Endangerment, Gretchen Morgenson exposes how the watchdogs who were supposed to protect the country from financial harm were actually complicit in the actions that finally blew up the American economy. Drawing on previously untapped sources and building on original research from coauthor Joshua Rosner—who himself raised early warnings with the public and investors, and kept detailed records—Morgenson connects the dots that led to this fiasco. Morgenson and Rosner draw back the curtain on Fannie Mae, the mortgage-finance giant that grew, with the support of the Clinton administration, through the 1990s, becoming a major opponent of government oversight even as it was benefiting from public subsidies. They expose the role played not only by Fannie Mae executives but also by enablers at Countrywide Financial, Goldman Sachs, the Federal Reserve, HUD, Congress, and the biggest players on Wall Street, to show how greed, aggression, and fear led countless officials to ignore warning signs of an imminent disaster. Character-rich and definitive in its analysis, and with a new afterword that brings the story up to date, this is the one account of the financial crisis you must read.
Featuring extensive revisions to the text as well as a new introduction and epilogue--bringing the book completely up to date on the tumultuous politics of the previous decade and the long-term implications of the Soviet collapse--this compact, original, and engaging book offers the definitive account of one of the great historical events of the last fifty years. Combining historical and geopolitical analysis with an absorbing narrative, Kotkin draws upon extensive research, including memoirs by dozens of insiders and senior figures, to illuminate the factors that led to the demise of Communism and the USSR. The new edition puts the collapse in the context of the global economic and political changes from the 1970s to the present day. Kotkin creates a compelling profile of post Soviet Russia and he reminds us, with chilling immediacy, of what could not have been predicted--that the world's largest police state, with several million troops, a doomsday arsenal, and an appalling record of violence, would liquidate itself with barely a whimper. Throughout the book, Kotkin also paints vivid portraits of key personalities. Using recently released archive materials, for example, he offers a fascinating picture of Gorbachev, describing this virtuoso tactician and resolutely committed reformer as "flabbergasted by the fact that his socialist renewal was leading to the system's liquidation"--and more or less going along with it. At once authoritative and provocative, Armageddon Averted illuminates the collapse of the Soviet Union, revealing how "principled restraint and scheming self-interest brought a deadly system to meek dissolution." Acclaim for the First Edition: "The clearest picture we have to date of the post-Soviet landscape." --The New Yorker "A triumph of the art of contemporary history. In fewer than 200 pagesKotkin elucidates the implosion of the Soviet empire--the most important and startling series of international events of the past fifty years--and clearly spells out why, thanks almost entirely to the 'principal restraint' of the Soviet leadership, that collapse didn't result in a cataclysmic war, as all experts had long forecasted." -The Atlantic Monthly "Concise and persuasive The mystery, for Kotkin, is not so much why the Soviet Union collapsed as why it did so with so little collateral damage." --The New York Review of Books
No one will be surprised to learn that our country's economy is in rough shape. News of economic hardship, national debt, a 'credit crunch,' the collapse of the housing market, and the possible demise of the American automotive industry floods the airwaves every day. Bailouts and stimulus packages may address the symptoms of these problems, but they fail to correct the basic flaws in our system of economic checks and balances that have led to our current economic woes. John Welch's new book, Economic Armageddon—Is it Inevitable or Can We Avoid It?, takes a commonsense approach to solving the nation's economic problems. The book is built upon the simple premise that our personal financial decisions affect not only our own economic status but the economic well-being of the country as a whole. Addressing the economic impact of unions, corporations, and government programs, Economic Armageddon equips readers with the knowledge to keep their own financial houses in good order and to shoulder their share of the country's impending 'Economic Armageddon.' Economic Armageddon offers readers concrete advice on how to prepare for Economic Armageddon before it's too late.
America is at more than just a crossroads. She is at the brink. A future of freedom and prosperity can still be had should Americans show the will to chart such a path. But simply continuing with business as usual has literally brought us to the edge of destruction. In NOW OR NEVER, Senator DeMint stresses that the current political moment of widespread concern about massive debt and reckless spending is our last chance to rescue America from economic armageddon. This book is an invaluable tool which will enlighten voters to the current state of our union in order to help them make the best choices in the upcoming presidential election. Continuing the momentum of the Tea Parties and rallies that demanded a new breed of representatives in the 2010 elections, Senator DeMint reminds us of the importance of citizen activism, and its power to change Washington in this critical moment in our nation's history. Senator DeMint is joined by Senators Tom Coburn, Mike Lee, Rand Paul, Marco Rubio and Pat Toomey, Congressman Steve King, pollster Frank Lutz, former Congressman Dick Armey, and others who also make the case for political reform and renewal.
Argues that President Barack Obama is a dangerous radical who wants not only big government, but the Europeanization of the United States, and explains how citizens can roll back the liberal establishment and return to fundamental American values.
In the New York Times best-selling book, What in the World Is Going On?, Dr. David Jeremiah answers the hard questions, including these: "How is prophecy playing out in modern Europe?" "Why does Israel matter?" "How are oil reserves and Islamic terrorism related?" "Does the United States play a role in prophecy?" "How should we live in the end times?" The Bible has plenty to say about end times. But until now, there has been no other book that—in straightforward prose that’s easy to understand —gathers ten scriptural prophecies, lays out a chronological checklist, and offers a guideline for sorting it all out. In What in the World Is Going On? Dr. David Jeremiah answers the hard questions, including these: "How is prophecy playing out in modern Europe?" "Why does Israel matter?" "How are oil reserves and Islamic terrorism related?" "Does the United States play a role in prophecy?" "How should we live in the end times?" Events unfolding in today’s world are certainly unsettling, but they need not be confusing or frightening. Now you can know the meaning behind what you see in the daily news—and understand what in the world is going on! “A clear, compelling primer on God’s heart for Israel and the dramatic Bible prophecies that will unfold in these last days. What I loved most is that David Jeremiah unashamedly examines and explains the biggest global trends of our day through the Third Lens of Scripture. And his description of Jesus’ unconditional love and compassion for Jews and Muslims is alone worth the read!” —Joel C. Rosenberg, New York Times best-selling author, The Last Jihad and Epicenter: Why the Current Rumblings in the Middle East Will Change Your World
A Is for Armageddon is a stunningly illustrated, eye-openingly informative, and wickedly entertaining catalog of disasters that may possibly culminate in the end of the world as we know it. Richard Horne—author of 101 Things to Do Before You Die and illustrator of the blockbuster New York Times bestseller The Dangerous Book for Boys, as well as the covers for J.K. Rowling’s Harry Potter School Books for Comic Relief,Fantastic Beasts and Where to Find Them, and Quidditch Through the Ages—combines science, religion, and sociology with good old fashioned paranoia to explore humankind’s dire future. From the Four Horsemen of the Apocalypse to super volcanoes, A Is for Armageddon is a delectable compendium of doom—and in plenty of time for 2012!
