Addison Wiggin

Protect your investments with a deep dive into the past and future of finance Building on the uncannily accurate predictions in previous editions, this latest edition of The Empire of Debt: We Came, We Saw, We Borrowed, written by New York Times bestselling authors Addison Wiggin and Bill Bonner, explores the economic, political, and financial events between 2008-09 and 2023, placing them in historical context and explaining what's likely to happen for the remaining years of the 2020s. The book imparts practical advice on how to protect wealth in the face of ongoing and rapidly intensifying crises, as well as suggestions on how these trends can be played to put investors' own money to work. In this book, readers will learn about: Political development of US hegemony in the 20th century, from the founding of the Federal Reserve in 1913 through to the presentPast and current conflicts in Iraq, Afghanistan, Ukraine, and Russia and their effects on financeThe response to the Financial Panic of '08, including a decade of Zero Interest Rate Policy (ZIRP) With investors more eager than ever to protect their investments, The Empire of Debt is an essential guide to the future of finance, harnessing history to accurately plot where we are and where we're going.

An engaging and practical romp through contemporary financial and economic history—and what it means for your financial future Economic booms and busts are happening with more frequency. Since the turn of the new millennium, fortunes have been made and lost at a blistering pace. Each boom is like the tension building up before an earthquake. Seismologists can detect the build-up, but they can't necessarily explain why—or when—the next quake will hit. Economic busts can be equally devastating…and followed by numerous aftershocks. In this entertaining romp through recent economic and financial history, best-selling author, Addison Wiggin, traces the primary trends that have led up to rapid economic growth and innovation while keeping an eye on the inevitable downturn. The author practices "literary economics," telling stories about the characters behind the scenes and their motives, making this wide-ranging book easy-to-read. The current edition has been revised, adapted, and re-imagined, enlightening readers about what's happening behind today's top headlines: The rise of new financial innovations over the past decade, including cryptocurrencies, mobile trading platforms, and the democratization of financial marketsHow the policies of the Federal Reserve following the Panic of '08 led an entire generation to become unwitting speculators in stocks, bonds, real estate, and rare commoditiesWhat impact new political trends—environmental, social, governance (ESG) and diversity equity and inclusion (DEI)—have had on managing your own money Ultimately, the book helps place current events in the context of identifiable historical trends. The book proposes that when you understand what the primary trends are and follow them to their logical conclusion, it makes planning for your financial future much easier. What will be the role of the US economy in the future as policy makers try to grapple with new competition, economic and political, from Brazil, Russia, India, China - the so-called BRICs? The author follows the facts, the trends, and the stories that make up history and parlays them into forecasts for what he sees coming next. Ultimately, you'll get a review of previous trades and a new Trade of the Decade.

A devastatingly incisive look at the devaluation of the American dollar and how it impacts you In the newly revised third edition of Demise of the Dollar: From the Bailouts to the Pandemic and Beyond, New York Times and international bestselling author Addison Wiggin delivers yet another timely and insightful account of the devaluation of the American dollar. Fully updated to consider the events of the last ten years—including the COVID-19 pandemic—the book contains nuanced discussions of historic inflation, interest rates and the Federal Reserve, the impact the Euro has had since its introduction, the rise of China prior to the pandemic, cryptocurrencies and the United States’ consumer debt addiction. It also demonstrates how all these factors, and more, are affected by the American dollar’s role as the world’s “reserve currency”. You’ll learn what a weakened American dollar means for your portfolio and how you can best arrange your finances to protect against global macroeconomic risks. You’ll find: Strategies for making your portfolio more resilient against economic shocks, downturns, and crisesExplorations of what increasing levels of US consumer debt mean for your investments, and for the world’s largest economicsExaminations of how foreign countries have come to control the economic fate of the United States via the issuance of debtA fascinating account of one of the most important trends in American economics in the last hundred years, Demise of the Dollar offers incisive observations about the factors driving the world’s contemporary economies and specific and strategic guidance on how to structure your portfolio to survive, and even thrive, in a new financial environment.

With the weakening dollar a hot topic for retirees, savers, and investors, this Little Book delves into the economic turmoil in the U.S. and shows how to survive it The United States dollar is losing value at an alarming rate. According to the Organisation for Economic Co-operation and Development (OECD) index, the U.S. currency is 37 percent below fair value against the Australian dollar and 20 percent versus the Canadian dollar. The decline of the U.S. dollar is one of the biggest threats facing American investors today, but with the Little Book of the Shrinking Dollar: What You Can do to Protect Your Money Now in hand, you have the knowledge and the expertise you need to fight back. Written by New York Times bestselling author Addison Wiggin, a leading economic forecaster, the book explores the reasons for the dollar's decline, and its precarious relationship to other currencies around the world. Filled with invaluable strategies for retirees, savers, and investors who want to keep their money safe no matter what lies ahead, the book is your one-stop guide to weathering the storm. Covers strategies for safeguarding your wealth, including safer havens for money, alternative investments, and other opportunitiesWritten by Addison Wiggin, a three-time New York Times bestselling author and leading economic forecasterWiggin's predictions about the decline of the dollar have proven true time and again, making him the right man for the job when it comes to predicting what lies ahead The U.S. dollar is no longer the secure and stable currency that most Americans grew up believing in. Even after recent gains, the dollar remains weak. But with the Little Book of the Shrinking Dollar you have a concise guide to what's driving its demise and everything you need to protect your money today and in the years to come.

Historien et moraliste, William Bonner montre comment la modeste Republique des peres fondateurs s'est peu a peu, depuis la Premiere Guerre mondiale, transformee en Empire, dont, pour la premiere fois dans l'Histoire, l'hegemonie s'etend sur toute la terre. Il montre aussi comment cette transformation s'est accompagnee d'une evolution profonde des mentalites du peuple americain, dans tous les domaines, et particulierement le domaine financier, faisant d'un peuple d'epargnants un peuple d'emprunteurs frenetiques. Individuellement, les Americains vivent a credit, empruntant sans cesse pour rembourser leurs anciens prets, gages sur d'illusoires speculations le gouvernement, lui, finance son deficit, dont le montant, toujours croissant, est si eleve que le cerveau humain ne peut meme plus se le representer, par des emprunts exterieurs, qu'il rembourse tres partiellement en fabriquant des dollars. Paralleles historiques, anecdotes contemporaines, analyse financiere? William Bonner utilise toutes les informations pertinentes pour nous faire vivre, avec parfois fureur et plus souvent humour, l'ascension, et demain la chute, de l'Empire americain. La premiere edition, parue aux Etats-Unis en novembre 2005, et en France en 2006 aux Belles Lettres, sous le titre L'Empire des dettes, a aussitot figure dans la liste des dix best-sellers du New York Times et du Wall Street Journal. Cette nouvelle edition a paru aux Etats-Unis en aout 2009. Dans cette nouvelle edition, les auteurs poursuivent leur demonstration en tenant compte des evenements recents et exposent pourquoi la tourmente financiere qui a touche les US porte en germe la fin de ce qui fut un grand empire.

The United States has been spending its way deeper and deeper into the red, and saddling future generations with the mess–but who's paying attention? To answer that question, this companion book to the critically acclaimed documentary I.O.U.S.A. talks with some of the most revered voices in the nation, including Warren Buffett; former Treasury Secretaries Paul O'Neill and Robert Rubin; and Pete Peterson, CEO of The Blackstone Group. Defiantly non-partisan, the empowering solutions outlined in these pages are a must-read for any American concerned about the current state of affairs.

L'economie americaine devient-elle japonaise? Suit-elle le chemin qui a conduit le Japon dans cette " depression douce " ou il reste englue depuis dix ans? Et va-t-elle vers un ineluctable effondrement? Pour repondre a cette question, William Bonner analyse sous l'angle de l'histoire et de la philosophie morale, mais sans negliger l'aspect economique, plusieurs etapes cruciales du developpement du monde industriel et explique notamment: Pourquoi a eclate la bulle boursiere de " l'age de l'information ", en examinant la realite d'entreprises telles qu'Amazon.com, Cisco systems ou Global crossings Pourquoi la consommation galopante des menages americains, fondee sur le credit et non sur l'epargne, a " surchauffe " l'economie US, en l'amenant au bord de l'explosion Pourquoi le " miracle economique " japonais s'est soudain ecroule, et ne s'est pas releve malgre une politique monetaire censee y remedier Pourquoi la Guerre de Secession - comme toute guerre en general - a conduit a la creation d'un systeme de banque centrale Pourquoi les aventures financieres de John Law, au XVIIIe siecle, annoncaient la speculation autour des " dot com " a la fin du XXe siecle Pourquoi le vieillissement de l'Occident menace plus notre economie que les politiques gouvernementales. Tirant les lecons trop negligees des evenements passes, William Bonner propose en conclusion des solutions originales et argumentees pour permettre au lecteur de survivre financierement face a la crise qui vient.