Title: The Demise of the Dollar - A Repititious Saga
Product review: I read the book right through and found that most of what was said on the current state and direction of the US economy could be summarised in a couple of pages. Similarly with where to invest. That said it was interesting learning about the background to the current fiat money system and the demise of earlier monetary systems throughout history. With that knowledge and current events in Zimbabwe, and earlier in Thailand, Russia and Argentina helps investors realise that any monetary system can fail if enough people lose faith in the underlying value of its currency. Wiggins of course contends that the US thanks to Greenspan's irresponsible credit boom and debt levels is heading down the same path to destruction. Time will tell.
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