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Planet Ponzi Hardcover – 2 Feb 2012

4.6 out of 5 stars 73 customer reviews

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Product details

  • Hardcover: 384 pages
  • Publisher: Bantam Press (2 Feb. 2012)
  • Language: English
  • ISBN-10: 0593069617
  • ISBN-13: 978-0593069615
  • Product Dimensions: 16.1 x 3.3 x 24 cm
  • Average Customer Review: 4.6 out of 5 stars  See all reviews (73 customer reviews)
  • Amazon Bestsellers Rank: 395,684 in Books (See Top 100 in Books)

Product Description

Review

"Mitch Feierstein is one of the most prescient and cogent observers of the economic crisis that has engulfed the world. He delivers his controversial views without fear or favour and tells the truths others are too terrified to voice or desperate to hide. Feierstein has an insider's knowledge of the markets and brilliant, iconoclastic intellect which he is not afraid to use. If you want to understand the financial mess we are in now, and what is likely to happen next, you can't afford not to read him."--Ruth Sunderland, Associate City Editor, Daily Mail

"As a former member of the U.S. House of Representatives, prosecutor and veteran of one of the world's largest global banks, I'm thrilled that someone like Mitch is using this megaphone to sound the alarm. It takes someone with his background to take us behind the PR spin and superficial headlines to discover the truth."--Rick Lazio, Managing Director of Real-Estate & Infrastructure Group at JPMorgan

Book Description

How politicians and bankers stole your future. What happens next. How you can survive.

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Customer Reviews

Top Customer Reviews

Format: Hardcover
Having read almost all of the books written about the 2007/8 "Credit Crisis" and ensuing events, I have to say that "Planet Ponzi" is definitely one of the best by far.

Mitch Feierstein forensically details the shockingly dubious and some might say "fraudulent" accounting practices of governments and financial institutions all over the world and explains how trillions of dollars are spirited out of thin air while massive debts are "hidden" in financial black holes.

If you want to know what's really going on with our hard-earned taxes then I definitely recommend this book.

Considering how refreshingly eye-opening, fascinating, exposing and informative this book is, I am surprised "they" haven't tried to ban it being published.

More people should read this book - it's absolutely gripping and you will be amazed.

10/10 - Highly recommended!
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Format: Hardcover
This book explains in normal, human, understandable language just why and how the world finances are in such a mess. In essence I found this book extremely good for a number of reasons, but the clarity is uppermost for me. One of the reasons I never entered the "banking/finance/theft" business, despite having a certain aptitude for it, is because at a very basic, logical sense, it made no sense. In other words, the "value" and "accounting processes" used by banks and their ilk is completely fictitious.
In addition to this the gobblydigook double-speak of the fork-tongued individuals who mainly populate this realm is enough to send you into a catatonic stupor within seconds. And finally, it has been my experience (and I have rubbed shoulders with several multi-millionaires and worked for a few billionaires) that the people in this field tend to have characters so devoid of ethics it is genuinely difficult for me to relate to them. Feierstein deconstructs all the veils and shadows and the boring language and writes in an entertaining as well as educational style. His sense of humour is a mixture of the British dry and the American gut-punch, making him very funny indeed. His sense of ethics is impeccable too and the book is an easy read, as he does not use any of the banking jargon without first explaining (usually in a funny way) what any of it means in normal language.. My only reservation, though it makes no impact at all on the quality of the book or the information within it (which I verified independently on several instances), is that there is precious little information on Mitch or his hedge fund online. There is also no information on his hedge fund registered with companies house.
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Format: Hardcover Verified Purchase
This is one of the best books you will ever read and one of the most important. The author recounts in detail and in language even I could understand how a cabal of criminal bankers, criminal bureaucrats, criminal politicians and various other scoundrels of the global system have stolen your future and your children's future, very likely bankrupted the planet and almost without exception GOT AWAY WITH IT. Not only have they got away scott-free - none are in gaol, where they most certainly deserve to be; few if any have had any of their illegally-gained profits and so-called 'bonuses' taken away from them; none have had their aasets sequestered in an effort to recapture our lost wealth - but you my friend, the honest every taxpayers have been left to pick up the tab. And you know the worst of it - it's only going to get worse. You need to read this book because as Mitch says, either he's right or he's crazy - and if he's right you'd better be ready, for your sake and that of your loved-ones. MF comes across as being an honest, funny, spirited, principled, and extremely decent individual - and i firmly believe he has written this book for no other reason than to act as a clarion call to arms. If Mitch stood for President - or perhaps i should say PM as I'm a Brit - I would vote for him a thousand times over. How about it, Mitch? As you yourself say in your book, t's never too late to save the world?
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Format: Paperback
Mitch has done a great of job informing his readers of the critical condition the economies of the World now find themselves in. He does come off as a pessimist although he states more than once he really isn't trying to.

The scales of the sums he discusses tend to become so vast that they almost lose all meaning but Mitch does a great job of illustrating just how much $200 Trillion dollars really is.

It's all very well writing the history of the economic collapse and the current state of play but Mitch also rounds off with a few well received tips on what happens next and how to prepare.

Because of his book I've now begun my own search for the "truth". I'm reading another economics book in direct conflict with Mitch's pro-austerity views and I guess I'll come down on one side or the other...hopefully.

Not one for the Keynesians but for anyone with even a modicum of interest in economics I would highly recommend!

Looking forward to Mitch's next instalment.
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Format: Paperback Verified Purchase
Mitch Feierstein has written an excellent book on Wall Street financial capital Ponzi mega fraud and catastrophic Planet Ponzi economics. The book has the right balance of technical detail and as well as being highly readable. It is witty and very entertaining and lots of clear explanations. Mitch Feierstein concludes that Ponzi economics and Ponzi banking will self-destruct as it can’t be patched up, and it shouldn’t have been attempted, as it just prolongs the agony. Mitch is a little soft on Britain (Mitch must have some close friends in Britain that he does not want to see get too upset). No need to worry about us Mitch we already know the UK economy is ‘Going South’! A truly excellent book. Bargain price.
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