The Financial Tsunami: Will It Drown Us in a Wave of Debt?
ISBN: , SKU: , AUTHOR: Gearhardt, Mike / Gates, Will, PUBLISHER: Authorhoong>usong>e, Politicians and ong>theong> mass media have taken an amorphoong>usong> view ong>ofong> ong>theong> financial woes that our nation faces. Frong>usong>trated by ong>theong> lack ong>ofong> facts and political finger pointing Mike Gearhardt and Will Gates felt compelled to research and write ong>Theong> Financial Tsunami. This book ong>ofong>fers insightful discong>usong>sion on what is driving ong>theong> United State's annual deficits and ong>theong> national debt to record and unprecedented levels. ong>Theong> Financial Tsunami delves into why ong>theong> economic problems that our nation faces today are unlike any oong>theong>r financial crisis in ong>theong> history ong>ofong> America. ong>Theong> book ong>ofong>fers a non-political perspective ong>ofong> ong>theong> fiscal irresponsibility that our country has experienced for ong>theong> ong>lastong> 40 years. ong>Theong> interrelationships ong>ofong> spending and taxation, is detailed and presented in clear and understandable terms. ong>Theong> book exposes ong>theong> fallacy in ignoring ong>theong> $5 trillion intergovernmental debt. ong>Theong> authors detail how intergovernmental debt will become public debt and how it will worsen an already fragile economy. ong>Theong> options that many are advocating to solve our economic problems simply are not feasible and ong>theong> authors clarify why. How do we survive ong>theong> tsunami? Mike Gearhardt and Will Gates have developed a well thought out plan to lead our nation toward fiscal responsibility. If ong>theong>re is one book you want to read to understand ong>theong> economic woes ong>ofong> our nation and what can be done, this is ong>theong> book.