Blood in the Streets: Investment Profits in a World Gone Mad

Rating:
Summary: A Now Book
Review: Davidson and Rees-Moog team up to tell us that when things seem the worse may be the time to take advantage of opportunity. The Chinese symbol for crisis also means opportunity.

This book shows that throughout history, some of the greatest became that way because they had the forethought, and sadly, sometimes the foreknowledge, of events that they took advantage of them and won in a big way.

The title of the book comes from Lord Rothshild's statement about when blood is running in the streets, invest in a future. Of course, what to invest in is really the question. This book will give you a look to see and evaluate the opportunities that are out there.

Although the book was written in 1987, it is a now book, filled with facts of how to take advantage of a market. Hey, did Warren Buffett read this? Or did he understand the concept of "Blood in the Streets."

Rating:
Summary: A Now Book
Review: Davidson and Rees-Moog team up to tell us that when things seem the worse may be the time to take advantage of opportunity. The Chinese symbol for crisis also means opportunity.

This book shows that throughout history, some of the greatest became that way because they had the forethought, and sadly, sometimes the foreknowledge, of events that they took advantage of them and won in a big way.

The title of the book comes from Lord Rothshild's statement about when blood is running in the streets, invest in a future. Of course, what to invest in is really the question. This book will give you a look to see and evaluate the opportunities that are out there.

Although the book was written in 1987, it is a now book, filled with facts of how to take advantage of a market. Hey, did Warren Buffett read this? Or did he understand the concept of "Blood in the Streets."

Rating:
Summary: Absurd in 1987, but Prophetic in 2004
Review: The 1987 U.S. stock market crash gave rise to all sorts of "now is the time to panic" and "the world is ending soon" books about financial crises, and economic depressions.

None of it came to pass, because the Reagan revolution demolished communism without a shooting war, and global capitalism surged in the aftermath.

But in 2004, the next workd war has already begun. It is an economic war, where blocs of countries are being organized and urged to join in alliances rooted in ethnicity, religion, or nationality.

The US failue to define terms of engagement, and thereby control the outcome of the Iraq war of 2003-2004 is the end of the dream pf a Pax Americana, with the US acting as the arsenal of a unified, largely democratic world. Instead, we have the non-polarized and chaotic world that Davidson and Rees-Moog feared.

It is a world where capital flows along paths of least resistance, and once welthy populations are devastated by capital outflows. Governments will likely become more tyrannical and shift from benevolent welfare statism to active police statism -- to preserve order.

The book takes its title from the infamous Baron von Rothschild quote about investing where blood runs in the streets. In such places, people crave peace, and safety. They care not who makes the laws, nor who coins the money.

WHile this book seemed absured and hyperbolic in 1987 (like most of the gloom and doom texts of that year), it sees eerily prophetic looking ahead past 2004 and 2005. State-less terrorism is a defining power in today's world. Economies with aging populations are becoming consumption societies, which produce less as the populations age. As exports drop, net inflows of wealth dry up, and the results are soaring government debt, declining employment opportunities for younger people, and increased class divisions and stratifications.

It is almost scary to read this book from 1987 and realize that the authors may be correct, but their time-line was about 16-17 years ahead of events.

Rating:
Summary: Absurd in 1987, but Prophetic in 2004
Review: The 1987 U.S. stock market crash gave rise to all sorts of "now is the time to panic" and "the world is ending soon" books about financial crises, and economic depressions.

None of it came to pass, because the Reagan revolution demolished communism without a shooting war, and global capitalism surged in the aftermath.

But in 2004, the next workd war has already begun. It is an economic war, where blocs of countries are being organized and urged to join in alliances rooted in ethnicity, religion, or nationality.

The US failue to define terms of engagement, and thereby control the outcome of the Iraq war of 2003-2004 is the end of the dream pf a Pax Americana, with the US acting as the arsenal of a unified, largely democratic world. Instead, we have the non-polarized and chaotic world that Davidson and Rees-Moog feared.

It is a world where capital flows along paths of least resistance, and once welthy populations are devastated by capital outflows. Governments will likely become more tyrannical and shift from benevolent welfare statism to active police statism -- to preserve order.

The book takes its title from the infamous Baron von Rothschild quote about investing where blood runs in the streets. In such places, people crave peace, and safety. They care not who makes the laws, nor who coins the money.

WHile this book seemed absured and hyperbolic in 1987 (like most of the gloom and doom texts of that year), it sees eerily prophetic looking ahead past 2004 and 2005. State-less terrorism is a defining power in today's world. Economies with aging populations are becoming consumption societies, which produce less as the populations age. As exports drop, net inflows of wealth dry up, and the results are soaring government debt, declining employment opportunities for younger people, and increased class divisions and stratifications.

It is almost scary to read this book from 1987 and realize that the authors may be correct, but their time-line was about 16-17 years ahead of events.