Tuesday, June 30, 2009

You must read this book…go on…buy it

The book is Princes of the Yen by Richard Werner, a young economics professor in an English University who was inside the Japanese economic scene in the 1990’s and explains the causes of the earlier boom and the following bust that the world wondered at. The book shows how countries can climb out of recessions and it is highly pertinent to our current global crisis. Any investor needs this book, and not only fund managers; landowners and homeowners too - essential reading. It warns about central banks and their powers – usually hidden from democratic control. Use this link: Amazon books to read my review. The book reads like a detective story and explains very lucidly, vital aspects of finance and economics that would normally bore you to sleep. It was a best seller in Japan on their general lists and only got knocked off by Harry Potter.

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