The Great Reckoning : Protecting Yourself in the Coming Depression
Author: James Dale Davidson
List Price: $27.00
Our Price: Click to see the latest and low price
ISBN: 0671885286
Publisher: Fireside (10 January, 1994)
Sales Rank: 102,388
Average Customer Rating: 3.67 out of 5
Customer Reviews
Rating: 5 out of 5
Maybe timely now to read
Who would have expected that the Internet and Telecom bubbles would delay the 'great reckoning?' If this book is correct, we have only a short time to get our financial houses in order. This is a long read and yet a good one. This is for those who wish to conserve and preserve what they have. Recommendations not to eat in certain restaurants and the like....interesting in light of the food poisonings of late.
Our national and international money woes. Economists, historians, business professional and the clergy would benefit from this book. The recommendations were too soon, so they sounded a little early and the 'cry wolf' scenario seems to creep in. Well, look at where we are today. We can rebound, if it is the right time.
Rating: 5 out of 5
a bite in the [butt]
This book has enough truth to make you loose sleep at night. What I found most interesting was that this country can't possibly continue much longer the way it is: Keeping people of african descent down. People in this country actually think that they are independent from the poor people in this country. Those same people they're oppressing will one day rise up and bite them in the [butt]. We all didn't come over here on the same ship but we're all in the same boat!
Rating: 4 out of 5
Long but Great read
The Great Reckoning is a long but great read. It will NOT appeal to those who focus on 30 second sound bites and 120 second interviews on Good Morning America. If that's your bag, forget this book. It also requires thinking, so if you don't like to think about things in general, or dismiss history and the liberal arts in general, this book will be a total turn off.A number of people bought this book when first published as a "trading" strategy book. I don't know where they got that idea from, perhaps they simply assumed to much. Rather, it is about probabilities and possibilites in the 1990's on the macro level with plenty of caveats.
In retrospective hindsight, the authors had some outstanding hits, and some complete misses. However, on the whole, those who dismissed this book during the tech bubble are now looking at themselves in the mirror and wondering how stupid they were to dismiss it out of hand.
If you think through what they have to say, you begin to realize that some things will take longer to work out than others. A "must" book to read if you enjoy looking beyond the daily "noise".
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