The New Empire of Debt: The Rise and Fall of an Epic Financial Bubble (57 page)

Read The New Empire of Debt: The Rise and Fall of an Epic Financial Bubble Online

Authors: Addison Wiggin,William Bonner,Agora

Tags: #Business & Money, #Economics, #Economic Conditions, #Finance, #Investing, #Professional & Technical, #Accounting & Finance

BOOK: The New Empire of Debt: The Rise and Fall of an Epic Financial Bubble
8.04Mb size Format: txt, pdf, ePub

Madero, Francisco

Madison, James

Madoff, Bernard

Magic economy

Magna Carta

Mahan, Alfred Thayer

Manufacturing sector

Marbot

Marburg, Theodore

Marginal utility hypothesis

Market corrections

Market rallies

Markets, generally: bear bull opinions made by

Market share

Martin, Rod

Martin,William McChesney

Marx, Karl

Mary Queen of Scots

McCain, John

McCarthy, Joseph

McTeer, Robert

Meany, George

Medicaid/Medicare

Mediocrity, delusions of

Mellon, Andrew

Mencken, H.-L.

Merrill Lynch

Mexican War

Mexico

Military considerations ..
See also
American military

Mills, Wilbur

Mining industry

Minsky, Hyman

Modern economics

Modern warfare

Monarchy

Monetary collapse

Monetary policy

Money anxiety

Money supply

Mongol Empire

Monopoly

Monroe Doctrine

Moore,Thomas Gale

Morgan, J. P.

Morgan Stanley

Morning in America

Mortgage-backed securities

Mortgage loans:

adjustable rate (ARM)

approval qualifications

availability of

foreclosure rates

interest rates

perceptions of

property valuation

refinancing

subprime

Mr. Market

Mudd, Dan

Munger, Charles

Muslims

Mussolini, Benito

Mutual funds

 

Nader, Ralph

Napoleon

Na-San, Battle of

Nasdaq

National banking system

National commission concept

National Council of Bishops

National healthcare

Nationalism

National security

National Socialism

National sovereignty

Naughton, Morning

Nazism

Neo-capitalism

Neoconservatism

Nero

Net worth

New Deal

New Era

Newfoundland

New Frontier

Newman, Dan and Frank

New York Stock Exchange (NYSE)

Ngo Dinh Diem

Nhu, Madame

Nicaragua

Nicholas II

Nikkei Dow 9/11 attack, economic impact of

Nixon, Richard Milhous

Nobel Prize awards

No-income mortgage loans

Norris, Floyd

North Vietnam

Nye Committee

 

Obama, Barack:

bailout program

economy inherited by

election of

Octavian

Odoacer

Oil prices

Oliphant, Margaret Wilson

O’Neal, Stan

O’Neill, Paul

Operation Head Start

Oppenheimer, Franz

Ortega y Gasset, Jose

Orwell, George

Ottoman Empire

Outsourcing

“Overheated” economy

Overpricing

Overvaluation

Owen,Wilfred

Ownership society

 

Pacifism

Pakistan

Palestine

Palin, Sarah

Palmer, Bruce

Panem et circensis

Panics

Paper money

Patriot Act

Patti, Archimedes

Paulson, Henry

Pax Americana in Asia

Pax dollarium

Pax Romana

Pearl Harbor

Peffer,William

Pegged currencies

Pensions

Pericles

Perkins, John

Pershing, John J. (“Black Jack)

Personal savings

Peru

Peterson, Pete

Pettifogging rules

Philadelphia housing bubble

Philip II, King of Spain

Piroth

Poland

Political parties

Politics, impact on market

Pol Pot

Ponzi, Charles

Ponzi scheme

Portugal

Pound, Ezra

Poverty levels

Price control

Price declines, psychological impact of

Price freeze

Prince, Charles

Princip, Gavrilo

Private sector debt, growth of .
See also
Household debt

Productivity rates

Profit margin

Propaganda

Prospect theory

Protectionism

Public debt

Public housing

Public works projects

Puerto Rico

Pullbacks

 

Qualitative easing

 

Raffarin, Jean-Pierre

Railroad industry

Randolph, Edmund

Rating agencies

Reagan, Ronald Wilson

Reagan Doctrine

Real estate

Recapitalization

Recession

Reconstruction

Recovery strategies

Red menace

Reflation, global

Regulation, by federal government

Reich

Reichsbank

Reininghaus, Gina von

Rent entitlement

Republic

Retirement/retirement planning

Revolutionary War

Revolution in America (1913-1971)

Richelieu

Rights of Man

Rilke, Rainer

Risk management

Roach, Stephen

Roberts, Paul Craig

Rome/Roman Empire

Roosevelt, Franklin D.

Roosevelt, Theodore

Rothbard, Murray

Rusk, Dean

Russia .
See also
Soviet Union

 

Salan, Raoul

Scandinavian countries

Scheler, Max

Schlesinger, Arthur, Jr.

Schlieffen, Alfred von

Schumpeter, Joseph

Scopes Trial

Second International

Securities and Exchange Commission (SEC)

Sell-offs

Senate actions.
See also
Bailout programs

Severus, Septimus

Shareholder Nation

Shareholder value

Sharpton, Al

Short selling

Shumizu Corporation

Silver

Singapore

Slavery

Smith, Adam

Smoot, Mr.

Smoothing income

Snow, John

Socialism

Social Security

Social welfare economies

Something-for-nothing concept

Soule, George

South Sea Bubble

Soviet Union

Spain/Spanish Armada

Spector, Warren

Speculation/speculators

Spengler

Squanderville

Stagflation

Stalin

Standard of living

Stein, Ben

Stimulus packages, post-9/11 attack.
See also
Bailout programs; Economic stimulus programs

Stock market crashes

Stock options

Stocks/stock market

Stone,William J.

Strachan, Hew

Strong, Ben

Student loans

Sullivan, Mark

Sullivan, Martin

Sun Tzu

Supply and demand

Supply-side economics

Supreme Court

Surowiecki, James

Suskind, Ron

Syron, Dick

 

Taft, Robert

Taft,William Howard

Tainter, Joseph

Taiwan

Taleb, Nassim Nicholas

Taxation

Taylor, A. J. P.

Taylor, Maxwell

Tech bubble

Technological advances, economic impact of

Teitelbaum, Rony

Templeton, Sir John

Ten Thousand Commandments

Terrorist attacks.
See
9/11 attacks; War on Terror

Thailand

Thatcher, Maggie

Third World

Tiberius

Tonkin Gulf

Toronto Globe and Mail

Totalitarian regimes

Townsend, Francis

Townsend Plan

Trade balance/deficits

Trade barriers

Traditional economy

Trajan

Tran Quang Co

Transportation industry

Trask, H. A. Scott

Treaty of Versailles

Truman, Harry S.

Trump, Donald

Tsarist bonds

Tsetsenbileg, Professor

Tulip Bubble

Tullock, Gordon

Turgot, Jacques

Turkey

Tversky, Aron

UBS
UFJ

Underpricing

Unemployment compensation

Unemployment rates

United States.
See
America/ Americans

U.S. Constitution, and Amendments to

U.S. Employment Service

U.S. Treasuries

U.S.Treasury

 

Value at risk

Vatican, Borgia popes

Venice

Vera Cruz battle

Vico, Giambattista

Victoria, Queen

Vienna

Vietminh

Vietnam War

Villa, Francisco “Pancho”

Viniar, David

Volcker, Paul

Volunteers in Service to America (VISTA)

von Badeni, Kasimir Felix Graf

Voting

 

Wages

Wal-Mart

Walker, David M.

Wall Street .
See also
Investors/investing; Stock/ stock markets

Walpole, Robert

Wanniski, Jude

War,
see specific wars

economic impact of fever

psychological perspectives of

War between the States

War of 1812

War of the Roses

War on poverty

War on Terror

Washingtonhousing boom

Washington, George

Waxman, Henry

Wealth

Wehrmacht’s campaigns

Weimar Republic

Welfare programs

Wellstone, Paul

Westenheiser, Jamie

Westmoreland, William

Wiggin, Addison

Wildcat banking era

Wilhelm II

William, Duke of Normandy

Wilson, Annamite

Wilson, Thomas Woodrow

Wolf, Martin

Wolfe, Tom

Wolff, Edward

Works Progress Administration

World Trade Center

World Trade Organization (WTO)

World War I

World War II

Wuffli, Peter

 

Zingales, Luigi

Zweig, Stefan

Table of Contents

Praise

Copyright Page

Introduction

THE THEME OF THIS BOOK IN A NUTSHELL

I - IMPERIA ABSURDUM

Chapter 1 - Dead Men Talking

LESSONS OF THE FOURTH CRUSADE
THE TYRANNY OF THE LIVING
WISDOM OF THE FOUNDING FATHERS
THE SECOND REICH
SECRETS OF THE NEAR DEAD
DEAD PRESIDENTS

Chapter 2 - Empires of Dirt

THE HUNS ARE COMING!
THE GREAT KHAN
WHERE HAVE ALL THE DEAD EMPIRES GONE?
THE ROMAN EMPIRE
THE INVINCIBLE ARMADA

Chapter 3 - How Empires Work

THE HISTORY OF EMPIRES
BACK TO THE FUTURE
IN PRAISE OF EMPIRES
AUSTRO-HUNGARIANS
THE MAKING OF AN EMPIRE
THE AMERICAN EMPIRE

Chapter 4 - As We Go Marching

MILITARY ADVENTURISM

II - WOODROW CROSSES THE RUBICON

Chapter 5 - The Road to Hell

THE BEST PRESIDENTS
WILSON CROSSES THE RUBICON
THE HALLS OF MONTEZUMA
THE GREAT WAR
WILSON’S WAR
ARMISTICE DAY
MAKING THE WORLD SAFE FOR DEMOCRACY
PAYING FOR WAR

Chapter 6 - The Revolution of 1913 and the Great Depression

WHERE THE MONEY COMES FROM
AMERICAN CAESARS
NEW MONEY
A SAFETY NET
PANEM ET CIRCENSIS
STUFFING THE COURT
TEN THOUSAND COMMANDMENTS

Chapter 7 - MacNamara’s War

MACNAMARA’S WAR
FACING THE ENEMY

Chapter 8 - Nixon’s the One

PAYING THE PRICE
PAX DOLLARIUM

III - EVENING IN AMERICA

Chapter 9 - Reagan’s Legacy

ORIGINS OF SUPPLY SIDE
REAL BOOMS VERSUS THE PHONY VARIETY
FUNNY NUMBERS
FORGETTING TO DUCK
MARX’S REVENGE
SUNRISE, SUNSET
A WORLD OF DEBT

Chapter 10 - America’s Glorious Empire of Debt

HOW THE PUBLIC DEBT INCREASED
MAESTRO’S PERFORMANCE
FLIGHT TO HAZARD
FRUGAL TO A FAULT
THE OWNERSHIP SOCIETY

Chapter 11 - Modern Imperial Finance

GLOBALIZATION AND ITS DISCONTENTS
TAKE IT AWAY, MAESTRO
WHAT HATH ALAN WROUGHT?

Chapter 12 - Something Wicked This Way Comes

IV - FIN DE BUBBLE

Chapter 13 - Welcome to Squanderville

THE WAY WE LIVE NOW
LA BUBBLE EPOQUE
THE SAGE OF THE PLAINS
DELUSIONS OF MEDIOCRITY

Other books

Matt by R. C. Ryan
Alas negras by Laura Gallego García
The Conspiracy by Paul Nizan
Long, Lonely Nights by Marla Monroe
Lime's Photograph by Leif Davidsen
Disturbing Ground by Priscilla Masters