The New Empire of Debt
By Bill Bonner & Addison Wiggin
The New Empire of Debt is the newly updated revision of Empire of Debt, by the internationally acclaimed author team of William Bonner and Addison Wiggin. In The New Empire of Debt, Bonner and Wiggin return to reveal how the epic financial bubble that is plaguing the United States will soon bring an end to this once-great empire.
Throughout the book, they offer a frightening look at the United States’ precarious position and discuss how government control of the economy and financial system— combined with unfettered deficit spending and gluttonous consumption—has ravaged the business environment, devastated consumer confidence, and pushed the global economy to the brink.