This book is written from and for an American audience. This book looks at the fiscal gap in the USA versus the debt. ( approximately 232 trillion versus 18 trillion ) and how today's current elderly are (unknowingly) passing the burden to their children and grandchildren. The author's provide thoughts on their solutions both for the public at large and individuals. Though interesting and written well enough the applicability of this book worldwide varies with your government's fiscal situation. Probably worth it for Americans.
This is one of those books, which supports predatory capitalism, but attacks predatory capitalism, without really mentioning. . . .predatory capitalism! Feeling that cognitive dissonance yet? In other words, first the real enemies of the people must be identified (the banksters and the super-rich who want complete return on their phantom investments (credit derivatives, securitizations and rehypothications and repos) while refusing to pay any taxes! Is the book meant to be confusing, or are the authors simply confused? (This reminds me of George Will, who in a 1990 column stated that "a job is the best anti-poverty program" (which I quite agree with, about the only thing I've ever agreed w/that neocon on) and a few years later, after dumping his first wife and marrying a lobbyist for a foreign manufacturing association, supports the offshoring of all American jobs?!?!) [The authors need to study Michael Hudson, Michael Perelman, books by Nomi Prins, Mark Blyth, articles over the last 12 years by financial journalist Pam Martens (wallstreetonparade.com), and Extreme Money by Das.]
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