Download Dumb Money: How Our Greatest Financial Minds Bankrupted the Nation AudioBook Free
The financial crisis that has gripped this country since previous September has already established so many twists and changes, it would lead to a great theatre -- if everything were not so real and damaging. Companies are shutting down and laying off individuals, 401ks are melting away, and the federal government is spending $700 billion us dollars to bail out banking companies and finance institutions -- and that is only the beginning. The financial services industry, and the many industries that rely upon it -- from cover to vehicles -- is within intensive care and attention.
So what happened? How does we reach this point of financial devastation? Is the market only a huge, Madoff-esque Ponzi structure? It is a complicated and confusing tale -- but Daniel Gross of Newsweek has a particular gift to make complicated matters easy to comprehend and even interesting. In Dumb Money, he offers helpful information to the debacle and to what the near future may hold. This isn't a great deal a reserve about who does what, though that's part of the story. Alternatively, it pieces together the inspiration of the debt-fueled market, and distills the idea and personalities behind our overdue, lamented easy money culture. Dumb Money is a reserve that finally lays everything out in an engaging way, and may just help people make investments their money smartly before gloom passes.
