Rating: 
Summary: interesting history, no new information or good advise
Review: I would not recommend this book. It seemed to be a compilation of several "daily reckoning" columns. It was lacking in practical information.
This book would be for the history buff who is interested in the past history of market collapses. Most info was outdated and not very useful. there is no clear indictaion or recommendations on how or where to invest, etc. Not even one mutual fund was mentioned!
I would recommend other books:
Marty Weiss books,
Coming Generational Storm,
these are much better with several recommendations and hardly any bull.
Rating:
Summary: Save your money
Review: An absolutely painful read. The authors take an important topic and drone endlessly until the reader begins flipping to the end of the book to see how many more pages of this drivel he must endure.This is the worst case of literary diarrhea I have read in a long time. An example to illustrate: the authors devote more than a page to define the word "ought" with the most embarrassing pretentiousness. "If `Ought' were a person, Ought would not be a bartender or a good-hearted prostitute. Ought is not the kind of word you would want to hang out with on a Saturday night, or relax with at home for it would always be reminding you to take out the trash or fix the garage door. If it were a Latin noun, Ought would be feminine, but more like a shrewish wife than a willing mistress." It's as if the authors' first draft was 75 pages long, and their publisher told them they needed to add another 200. To add insult, there is nothing in this book about how to "survive the soft depression of the 21st century," as the subtitle promises. A far better book on this topic is Robert Prechter's "Conquer the Crash," but if you insist on reading "Financial Reckoning Day," borrow it from the library so at least you'll feel more like you got what you paid for.
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