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BOOK REVIEW: GAME OVER
BY STEPHEN LEEB, Ph.D.
We hope you enjoy this book review by
Caryn St. Clair.
In his timely book, Game Over, author Leeb explores the seven misguided assumptions that has shaped American domestic and foreign policies for decades. Eerily, his book hit the bookstores just as the very institutions he discusses functioning under these false assumptions have started to collapse.
Basically, the seven assumptions that are at the root of our current problems are:
The assumption that the world has unlimited natural resources.
The author has divided the book into four parts to delve into these false assumptions further. However, the first two parts are devoted almost entirely to the loss of natural resources, specifically on water resources and our dependence on foreign oil. The third and fourth parts tackle inflation.
The assumption that the government and banking industry can control inflation.
Economic growth will, for the most part, continue upward.
America's free enterprise and ingenuity will prevail and keep the US at the top of the Global market.
The national debt is not a problem.
Technology will solve our future problems.
We can deal with short term needs with the resources on hand.
This book's cover would lead a book browser to think it is geared toward individuals. While this may have the making of a “best seller” in the business community, this is not a handbook for the average person. The issues covered do not relate to the individual household so much as the national economy, and the language used is going to be easier for an economist to work with than John Q. Public. Rather than being a “how to survive in these tough times” book it is more of an awareness raising book. Awareness of the serious consequences of our country's failure to recognize that these key seven assumptions were false.
REVIEWED BY CARYN ST. CLAIR
DO NOT REPRINT
WITHOUT PERMISSION OF THE REVIEWER, CARYN ST. CLAIR
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