Showing results for "Armageddon" in Economics

Optimistic about America's future? Don't be. In his New York Times best seller, America Alone: The End of the World as We Know It, Mark Steyn predicted collapse for the rest of the Western world. In After America Steyn asserts that the United States, like Europe, is on the great rush to self-destruction. It's not just one cause—such as financial collapse, citizens who think the government will solve every problem, or America's eclipse as a world power—no, it's all this and more that spells one word for the United States: Armageddon.

This as-it-happened review of the causes, consequences, and repercussions of the 2008 Global Financial Crisis is more than a history lesson – it’s a look into the future.

In Reckless Endangerment, Gretchen Morgenson, the star business columnist of The New York Times, exposes how the watchdogs who were supposed to protect the country from financial harm were actually complicit in the actions that finally blew up the American economy.

Never before have we read such jarring headlines, distressing news analyses, or dire predictions concerning the world's financial future. The American housing market -- or, more sentimentally, the American dream -- began to collapse in 2006, taking with it large chunks of the global financial...