Financial Reckoning Day: Memes, Manias, Booms & Busts ... Investing In the 21st Century (3rd Edition)

Summary

In this entertaining romp through recent economic and financial history, bestselling author Addison Wiggin traces the primary trends that have led up to rapid economic growth and innovation while keeping an eye on the inevitable downturn. The current edition has been revised, adapted, and reimagined, enlightening listeners about what's happening behind today's top headlines:

● The rise of new financial innovations over the past decade, including cryptocurrencies, mobile trading platforms, and the democratization of financial markets

● How the policies of the Federal Reserve following the Panic of '08 led an entire generation to become unwitting speculators in stocks, bonds, real estate, and rare commodities

● What impact new political trends—environmental, social, governance (ESG) and diversity equity and inclusion (DEI)—have had on managing your own money

Ultimately, the book helps place current events in the context of identifiable historical trends. The book proposes that when you understand what the primary trends are and follow them to their logical conclusion, it makes planning for your financial future much easier.