Quote: (10-14-2012 06:13 PM)tenderman100 Wrote:
Everyone in Congress should be required to read The Ascent of Money.
In the 16th Century, Spain was incredibly wealthy (killing the Incas and Aztecs and absconding with their gold, but that's another matter). And guess what.
It went bankrupt. Twice.
So don't think it can't happen here. It can.
I think the ascent of money should be required reading for a lot of people never mind just congress! It's an excellent book.
I like Ferguson a lot and the TV series that accompany his books are really interesting.