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Dice Have No Memory

Will Bonner · ISBN 9780470640043
Dice Have No Memory | Zookal Textbooks | Zookal Textbooks
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Publisher John Wiley & Sons Inc (US)
Author(s) Will Bonner
Subtitle Big Bets and Bad Economics from Paris to the Pampas
Edition 1
Published 17th March 2011
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Big Bets and Bad Economics from Paris to the Pampas

Right now, Congress, the Fed, and the Treasury are all gambling
with your future and your money. And it's contagious. Economies
around the globe are suffering from the biggest
multitrillion-dollar bets ever wagered on big governments and
miraculous financial interventions in pretend "free markets."



One man saw it all coming and told his readers well in advance of
today's crisis. Bill Bonner reports on the true health and
well-being of the world's largest economy to over half a million
readers each day in The Daily Reckoning. His newsletter is
to the mainstream financial press what the Gnostic Gospels are to
the King James Bible.



Back in 2000, Bill Bonner sounded like a prophet crying in the
wilderness. While everyone scrambled to purchase shares of the
latest and hottest dot-com, Bill announced his Trade of the Decade:
Sell dollars, buy gold. Back in 2000, you could get an ounce for
around $264. Today, you could pay as much as $1,400 for that same
ounce. Finally, some of Bonner's best pronouncements, predictions,
and profitable analysis are collected in one place.



Dice Have No Memory gather's Bonner's richest insights from
August 1999 through November 2010 to form a chronological narrative
of economics in America.



Here's a fraction of what you'll find inside:



*Gold says "I Told You So"

*Three out of Four Economists Are Wrong

*Imperial Overstretch Marks

*Why Debt Does Matter

*Economic Zombies Shuffle Towards Bankruptcy



Bonner's Dice Have No Memory offers elegies for economists,
tips for investors, tirades against wasteful warfare past and
present, and practical guides to modern finance with graceful
prose, well-earned intelligence, and riotous irreverence. Bill
Bonner's common sense genius rips the window dressing off modern
finance - a world normally populated by misguided do-gooders,
corrupt politicians, and big bankers empowered by dubious
"mathematical" truths. The investing game is rigged, just like
Monte Carlo.



Instead of giving you magic formulas, this archcontrarian teaches
you how to think clearly. And Dice Have No Memory gives
today's investor the next moves he should make...before it's too
late.
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