Tag Archive | Recession

James Donaldson’s Book Review: Catastrophe: The Story of Bernard L. Madoff – The Man Who Swindled the World by Deborah Strober

A fantastic recounting of the Bernie Madoff Ponzi scheme that was orchestrated by Bernie Madoff, throughout about 25 years or so. It all came crashing down during the Wall Street and financial meltdown of 2008 – 2009. Madoff, was a respected Wall Street financier, fund manager and former chairman of NASDAQ. Even though he often […]

James Donaldson’s Book Review – 23 Things They Don’t Tell You About Capitalism by Ha-Joon Chang

In this book, 23 Things They Don’t Tell You about Capitalism, the author goes into pretty good detail and some very good scenarios about how and why capitalism works (when it works), and how and why sometimes it doesn’t. The author states that because we didn’t ask the “necessary questions” about capitalism, we got hit […]