Keith Suter’s Global Insights

What on earth is going on?

Monday, February 16, 2009

Bad Money

Title
Bad Money
Subtitle
Reckless Finance, Failed Politics And The Global Crisis Of American Capitalism
Author:
Kevin Phillips
Publisher:
Scribe Publications

Reading this book you would find it hard to believe that Kevin Phillips was once a Republican party strategist! Bad Money is Kevin's latest book chronicaling the downward spiral of American capitalism. In the book Phillips chronicals the Bush era's economic management. With fiscal policy based on Christian Fundamentalism where the prosperity gospel rules, you would be forgiven for thinking that this book was fictional, If only that were the case. Phillips also reviews the decision to tie the US dollar to the price of oil and the effect that this has had in the middle east. Phillips has penned fourteen books on the subject of American capitalism - the timing of this one being a perfect backdrop to the Global Financial Crisis. An entertaining and informative read. The book was reviewed on 2GB's Brian Wiltshire Show and can be downloaded as a podcast by following the link: Bad Money Podcast. An interview with Kevin Phillips has been posted on this site and can be viewed by clicking here: Interview with Kevin Phillips.

Posted by: Amanda Foxon-Hill at 10:17 PM

Tags: , ,

Bookmark and Share

One comment

This book is quite good however I would like to recommend another. Bubble Man Alan Greenspan & the Missing 7 Trillion Dollars by Peter Hartcher It breaks down the reasons behind the internet bubble yet toward the end in mentions that the seeds have been sown for a larger Property Crash. Quite a good prediction for 2005.

William Kenny | February 24, 2009 17:05

Leave a comment

Latest Updates

Search

Book Reviews

October 26, 2009ReWealth!
October 19, 2009Policing The Globe.
October 12, 2009The 50th Law
October 11, 2009Heaven and Earth. Global Warming: The Missing Science
October 5, 2009The Water Dreamers

Newsletter Signup