Sean Callahan, publisher of the recently created Considering All Things: Alarms and Discursions blog, reviews my book:
Wow! If you are one of those people who like to prepare for the worst case, this is the book for you. An eye-opening narrative describes the potential horrors yet to come as a result of gorging ourselves on debt these past 20 years. This is definitely not your standard 1990's investment advice fare recommending dollar-cost averaging your way to a successful retirement. In sum, the author says get ready, here comes the big economic implosion with a dramatic downturn in the average American's standard of living. More importantly, if you think his case is credible, Mr. Panzner provides his readers a set of defensive tactics to protect wealth while posturing to take advantage of the opportunities born of the coming crisis. I wouldn't say that if you were going to read only one book on the future of America that this is it---you might move to Australia before the last chapter---but the read provides a worthwhile exercise of the imagination for the open-minded reader. Mr. Panzner reminds us that, yes, it can happen to us and forewarned is forearmed.
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Its the medium of exchange stupid! But the bottom line is human behavior!!Money is a broad term but was comes to mind is money used as a weapon,its value can be manipulated its also a great medium to engage in speculation and corruption its very effective to influence psychological behavior (Wall Street is a grand master at this game)one could write volumes on this subject suffice to say that given the very dismal history of Homo sapiens fairness,greed dishonesty and their need to exploit & dominate,is it any wonder that we have such economic chaos? PS Michael Panzer yours is a very good book I recomand it
Posted by: roger pasa | April 05, 2008 at 02:10 PM