Binding: Paperback
Dewey Decimal Number: 321
EAN: 9780143114802
ISBN: 0143114808
Label: Penguin (Non-Classics)
Manufacturer: Penguin (Non-Classics)
Number Of Items: 1
Number Of Pages: 320
Publication Date: March 31, 2009
Publisher: Penguin (Non-Classics)
Release Date: March 31, 2009
Sales Rank: 252998
Studio: Penguin (Non-Classics)

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Editorial Review:

Product Description:
In his acclaimed book American Theocracy, Kevin Phillips warned of the perilous interaction of debt, financial recklessness, and the spiking cost (and growing scarcity) of oil— warnings that are proving to be frighteningly accurate. Now, in his most significant and timely book yet, Phillips takes the full measure of this crisis. They are a part of what he calls “bad money”— not just the depreciated dollar, but also the dangerous attitudes and the flawed products of wayward mega-finance. His devastating conclusion: In its hubris, the financial sector has hijacked the American economy and put our very global future at risk—and it may be too late to stop it.




Rating: - Bad Money is right on the Money
After listening to this audio book I felt like I was beginning to understand some of the financial quagmire big money has gotten our country into, perhaps it will make me a wiser investor. I have bought this book for several of my friends.

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Rating: - Overpopulation---the neglected cause of the next depression
Kevin Philips has written an excellent book describing the current meltdown of the US economy and building a strong case that the US may well be headed towards a second great depression.

He also makes the connection with scarcity of cheap oil, arguing that this is one of the reasons that the US may fall from its position of leadership.

The facts presented are chilling, but present only part of the story.

For years, Americans have been ignoring one of the most ... Read More

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Rating: - Phillips
This is a great book about the origins our our current financial straits. It's not a light read but compelling and thought provoking to be sure.

It details America's rise as global financial hegemon and offers predictions about what the future of the global economy will look like. Phillips offers four predictions for the future of the world economy namely that (1) Asia will dominate the global economy by 2030 (2) China will be the dominant player within Asia (3) Some city with a large ... Read More

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Rating: - A Major Disappointment
This review covers the audio version of Bad Money, which runs 8 cds. I am a fan of Kevin Phillips, so this audio book was a major disappointment. I found the text disorganized, ill-focused, pompous, and too long by a half. It wasn't until well into disk 2 that he stated his major thesis, then he went off AGAIN on some tangent or another, jumping forward and backward in time, disgressing repeatedly, alternating between being descriptive and analytic. I couldn't follow "the plot" and quit listening mid ... Read More

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Rating: - Why isn't this guy President?
Good book. I was surprised at how right on he is. We are even studying this book as a companion to our Bible Study (who would have thought).

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