000 02885nam a22002057a 4500
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008 241123b |||||||| |||| 00| 0 eng d
020 _a9781394174669
082 _a330.973
_bWIG
100 _aWiggin, Addison
_918175
245 _aFinancial reckoning day:
_bmemes, manias, booms & busts investing in the 21st century
250 _a3rd
260 _bWiley
_aNew Jersey
_c2024
300 _axxv, 255 p.
365 _aUSD
_b27.95
520 _aEconomic booms and busts are happening with more frequency. Since the turn of the new millennium, fortunes have been made and lost at a blistering pace. Each boom is like the tension building up before an earthquake. Seismologists can detect the build-up, but they can't necessarily explain why—or when—the next quake will hit. Economic busts can be equally devastating…and followed by numerous aftershocks. In this entertaining romp through recent economic and financial history, best-selling author, Addison Wiggin, traces the primary trends that have led up to rapid economic growth and innovation while keeping an eye on the inevitable downturn. The author practices "literary economics," telling stories about the characters behind the scenes and their motives, making this wide-ranging book easy-to-read. The current edition has been revised, adapted, and re-imagined, enlightening readers about what's happening behind today's top headlines: The rise of new financial innovations over the past decade, including cryptocurrencies, mobile trading platforms, and the democratization of financial markets How the policies of the Federal Reserve following the Panic of '08 led an entire generation to become unwitting speculators in stocks, bonds, real estate, and rare commodities What impact new political trends—environmental, social, governance (ESG) and diversity equity and inclusion (DEI)—have had on managing your own money Ultimately, the book helps place current events in the context of identifiable historical trends. The book proposes that when you understand what the primary trends are and follow them to their logical conclusion, it makes planning for your financial future much easier. What will be the role of the US economy in the future as policy makers try to grapple with new competition, economic and political, from Brazil, Russia, India, China - the so-called BRICs? The author follows the facts, the trends, and the stories that make up history and parlays them into forecasts for what he sees coming next. Ultimately, you'll get a review of previous trades and a new Trade of the Decade. (https://www.wiley.com/en-us/Financial+Reckoning+Day%3A+Memes%2C+Manias%2C+Booms+&+Busts+...+Investing+In+the+21st+Century%2C+3rd+Edition-p-9781394174669)
650 _aFinancial crises--United States
_918877
650 _aStock--United States
_918878
942 _cBK
_2ddc
999 _c7634
_d7634