Minggu, 06 Desember 2009

Bargain book about the financial crisis

Looking for an inexpensive Christmas gift for yourself or others? Just want something to read while traveling? The Two Trillion Dollar Meltdown is currently available from Amazon.com for only $4.55.

I haven't read the book, so I can't attest to its quality. I do, however, get a kick out of this 1-star reader review of the first edition from April 29, 2008:

"Trillion Dollar Melt Down" is about the 2007 sub-prime credit crisis. The huge problem, though, is that the book mostly proclaimed that the sky was falling in 2007 when it was written, but now - (mid 2008) when the book has finally reached the market - the sky still hasn't fallen, no recession has started, and unemployment is still very low. The book, then, seems like a short (194 pages), obsolete gimmick, raced to market, to capitalize on old fears about something that never happened.

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