It's not over. It has only begun.
WorldNetDaily
In a new book to be released on the 80th anniversary of Black Tuesday, the infamous stock market crash of 1929, author and WND contributor Vox Day sounds the alarm:
That is the shocking warning to readers of "The Return of The Great Depression." The economic downturn we are experiencing will get worse before it get's better. Much worse.
What makes this warning so believable is that seven years ago Vox Day also predicted the collapse of the housing market and the destruction of the financial services industry with an alarming accuracy and insight.
Day believes that we are only now entering the early stages of The Second Great Depression. He offers a detailed analysis of the economic and monetary policies of the last several years to show why ideologues on both the left and the right didn't foresee this economic calamity – or understand its true extent.
"The Return of the Great Depression" examines the financial disaster of 2008 and provides vital new insights, including:
- The possibility that it could be 2032 before the economy fully recovers;
- The ominous similarities between the American economy of today and the crushing Japanese economic crash of 20 years ago;
- How Obama's stimulus plan was actually smaller than Hoover's-and likely to be just as ineffective;
- How both Milton Friedman and John Maynard Keynes got economics wrong.
"The Return of the Great Depression" issues a somber warning: the widespread expectations of an imminent recovery are based on false hopes and bad economic theory.
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While limited supplies last, all copies of "The Return of the Great Depression" sold at the WND Superstore will be autographed by Vox Day—at no extra cost!
| About the Author: | |
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Vox Day graduated in 1990 from Bucknell University with degrees in Economics and East Asian Studies. The infamous Internet Superintelligence first went viral on WorldNetDaily in 2001 and has been nationally syndicated twice, by Chronicle Features and Universal Press Syndicate.
He is a member of the SFWA, Mensa, and IGDA, and was a founder of the techno band Psykosonik. He transmits contagious memes on a daily basis from the Vox Popoli blog. |