The Great Reckoning: Protect Yourself in the Coming Depression

This book is not politically correct, and never made the talk show circuit in the US. I first heard of it on Canadian TV 10 years ago. What has stayed with me for 10 years, is the notion that the time between great depressions [~60 years] is the length of living memory. That memory is to not invest speculatively with borrowed money.

Absolutely prescient...Although written in the late eighties, it rings a resounding bell today.In my humble opinion, it's a window on the past, present, and future - a condensation of controversial, yet seminal truths.It is a must read for any person with an inquiring mind. It is required mental luggage.Read it!

Who would have expected that the Internet and Telecom bubbles would delay the 'great reckoning?' If this book is correct, we have only a short time to get our financial houses in order. This is a long read and yet a good one. This is for those who wish to conserve and preserve what they have. Recommendations not to eat in certain restaurants and the like....interesting in light of the food poisonings of late.Our national and international money woes. Economists, historians, business professional and the clergy would benefit from this book. The recommendations were too soon, so they sounded a little early and the 'cry wolf' scenario seems to creep in. Well, look at where we are today. We can rebound, if it is the right time.

James Davidson and Lord Rees-Mogg have developed a truly novel way of viewing world political and economic events. Using their theory of "megapolitics", they bring numerous seemingly unrelated current events into sharper focus, and show how all are part of a broader, more basic trend. Thoroughly researched and well written, "The Great Reckoning" deals with such issues as the collapse of communism, the information revolution, the vast accumulation of both private and public debt, the impending collapse of the welfare state, the rise of violence around the globe, the signs of a coming world depression, and many other timely topics. Add to this Mr. Davidson's wonderful writing style, and what could have been a very dry analysis becomes an enthralling read. I churned through the approximately 1000 pages of this book in only two sittings! This is absolutely my favorite book of all time. If you have a keen interest in economics, politics, or even your own personal investments, I urge you to read this book. I think you will enjoy it.