Covid19 exposed wall streets culture of heads i win, tails you bail me out. As the global economy struggles to avoid meltdown, so the greatest ponzi. Mitch feierstein who wrote planet ponzi and is very knowledgeable on the out of control world sovereign debt crisis which in his expert opinion has to lead to a much bigger crash than 2008. Oclcs webjunction has pulled together information and resources to assist library staff as they consider how to handle coronavirus. Planet ponzi by mitch feierstein penguin books australia. Mitch feierstein is a highly successful hedgefund manager and ceo of the glacier environmental fund limited. Feierstein appears regularly as a financial commentator on sky, bbc, and rt. Planet ponzi how politicians and bankers stole your future. Reliable information about the coronavirus covid19 is available from the world health organization current situation, international travel. Everyday low prices and free delivery on eligible orders. The world economy is now approaching the final death rattle of the gre. Planet ponzi available for download and read online in other formats.
In planet ponzi, feierstein explains clearly the background to the worlds worst financial crisis for seventy years, predicts the next steps in this infinitely dangerous game and offers practical advice on measures which you personally can take to protect yourself and your familymore. Watch stocks trade in real time after massive march jobs decline 432020 cnbc television 1,951 watching live now. Our mantra is transparency, oversight, regulation and accountability. Feierstein stood as a brexit party candidate in the 2019 uk general election for the reading east constituency. What do you think about the book planet ponzi by mitch. Read planet ponzi by mitch feierstein available from rakuten kobo. In planet ponzi, mitch feierstein tells you whats happened, what will happen next and how to protect yourself and your family. In this video, luke rudkowski talks to mitch feierstein economist and author of planet ponzi. In 1980, the year when planet ponzi started to turn, the average effective federal tax rate on the median american household was 11. Planet ponzi home blog book video about contact welcome to planet ponzi soaring global prices.
Mitch feierstein reveals the true debts of britain, the us government and the eurozone the full picture, not the figures the politicians would have us believe. As the global economy struggles to avoid meltdown, so the greatest ponzi scheme in history approaches its final death rattle. It is witty and very entertaining and lots of clear explanations. Numerous and frequentlyupdated resource results are available from this search.
The book has the right balance of technical detail and as well as being highly readable. The eurozone crisis and the libor manipulation scandal are just two. Planet ponzi ebook by mitch feierstein rakuten kobo. Mitch feierstein, the author of planet ponzi, has the distinguished background, hedge fund manager, ceo, portfolio manager, and government advisor to write this bombshell of a book. Mr feiersteins book is a reminder that things could well get a lot worse in coming. This is a case book ponzi scheme of gargantuan proportions, as described above, and like all ponzi schemes has no happy ending. He delivers his controversial views without fear or favour and tells the truths others are too terrified to voice or desperate to hide. The eurozone crisis and the libor manipulaton scandal are just two. He is a highly successful hedgefund manager and ceo of the glacier environmental fund limited. Planet ponzi is a provocative assessment of the state of todays global economy. Mitch feierstein is the author of planet ponzi and knows the financial industry inside out. The financial system will never be worthy of trust while any institution is tbtf. It compares worldwide and united states government indebtedness or the euphemism sovereign indebtedness, this is the basis of our current bankruptcy, starting. The failure of banks, the huge rise in government debt, the failure of business, the loss of jobs, the pressure on real incomes all these things stem from the same dark causes.
Ebook planet ponzi as pdf download portable document format. The amount of damage that the finical regulators have done is well documented in this important book. It details the staggering scale of excess that has been pumped into a hypothecated, congested market. Praise for planet ponzi mitch feierstein is one of the most prescient and cogent observers of the economic crisis that has engulfed the world. Feierstein appears regularly as a financial commentator on sky, bbc, and rts keiser report. Planet ponzi the massive buildup of debt, the total loss of political transparency had caused multiple casualties across the world. As the global economy struggles to avoid meltdown, so the greatest ponzi scheme in history approaches its final death ra. In 2012 he published his first book, planet ponzi, which gives his perspective of the global credit crisis. Planet ponzi is a must read for anyone concerned with the world economy. Mitch feiersteins scathing appraisal of politicians and money men is backed up with unsettling statistic after statistic but the book is also a rallying cry for us all to become more aware and involved and even has investing tips to reduce the impact of the impending financial super storm. The book breaks down what he describes as planet ponzi that the entire economic system is one enormous financial fraud and that we are living in the biggest bubble in history. Planet ponzi reveals the true debts of the us government, shows how close italy is to following the way of greece and explores britains own finances in grimly realistic detail. The us government has run up huge debts bailing out delinquent banks, fighting nonessential wars, supporting spurious causes locally and in other countries. Politicians have stood by and watched the financial industry create a massive overhang of debt, a mountain of low quality assets and ultimately, an economic disaster which.
The book has lots of facts and figures which demonstrate quite clearly how bankrupt the. Mitch feierstein has written an excellent book on wall street financial capital ponzi mega fraud and catastrophic planet ponzi economics. Planet ponzi by mitch feierstein, 9780552778275, available at book depository with free delivery worldwide. This video was shot during we are changes behind the. Planet ponzi as the global economy struggles to avoid meltdown, so the greatest ponzi scheme in history approaches its final death rattle. Please do not take to heart everything that you read. Buy planet ponzi by mitch feierstein from waterstones today. Chancellor builds his policies on a ponzi homes plan. I worked closely with eve harris as her writing mentor on her debut novel the marrying of chani kaufman, which reached the longlist for the 20 man booker prize. The books are written to stir emotions and provide a radical opinion on a topic. Without it, no one would buy the book, so a controversy and hopefully some good doomsday scenario is needed. The failure of banks, the huge rise in government debt, the failure of business, the loss of jobs, the pressure on real incomes all. Mitchell feierstein for reading east in the uk parliament. For the past 30 years, he consistently created opportunity and value where others have failed to look.
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