Planet Ponzi Hardcover – 2 Feb 2012
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"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
How politicians and bankers stole your future. What happens next. How you can survive.See all Product Description
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Top Customer Reviews
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!
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.Read more ›
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.
Most Recent Customer Reviews
This is an absolute must-read for everyone who cares about what's going on around them. Turn off the news and read Planet Ponzi.Published 6 months ago by Amazon Customer
Stimulating arguments made in a constructive and compelling manner. Sadly, it's all probably true. would have liked more in the 'what to do' sectionPublished 9 months ago by stuart e hill
Humorous, scary, informative. A brilliant book on economics written for the layman. Everyone should read this. Complex or obfuscated ideas laid bare. Read morePublished 11 months ago by Colin
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