A Bubble That Broke the World (Hardcover) (ISBN-13: 9781605209739)

The names of the players are different, but these cautionary essays about massive national debt-written in the long wake of World War I and as the Great Depression was starting to make its horrible power fully known-are still fully applicable today. A powerful libertarian voice of the early 20th century, Garet Garrett, writing originally in the Saturday Evening Post, warned about the extension of American credit to a Europe staggering under a massive debt leftover from the financing of World War I... a situation echoed, if reversed, today as the overextended United States continues her rampant borrowing. Collected in book form, Garrett's writings are a cry for a retreat from financial insanity, a clear-eyed look at a complicated and little understood era of financial history, and perhaps an ominous warning for today. American journalist GARET GARRETT (1878-1954) also wrote The American Omen (1928), Rise of Empire (1941), and Garet Garrett's: The People's Pottage (later retitled Ex America) (1951).

Author: Garet Garrett
ISBN-10: 1605209732
ISBN-13: 9781605209739
Publisher: Cosimo Classics
Language: English
Published: 11/01/2009
Pages: 192
Format: Hardcover
Weight: 0.84lbs
Size: 8.50h x 5.50w x 0.56d