The 86 Biggest Lies on Wall Street – John R Talbot

Sydney Morning Herald journalist Anne Davies interviewed US finance expert, author, commentator, and political analyst John R Talbot yesterday. Talbot predicted US and international economic crises in the past decade new book – The 86 Biggest Lies on Wall Street is out now.

How strong was the American economy going into the present crisis? How strong will it be a year from now? How about five years from now? Investors and citizens around the world realise, as never before, that we were all misled — lied to — about the stability of our financial system. But what now?

John R. Talbott’s ingenious new book, The 86 Biggest Lies on Wall Street, exposes the lies and then exposes us to the truth of what it will take to rebuild the US economy. As a former investment banker at Goldman Sachs, Talbott knows firsthand how the financial system operates and what it will take to fix it.

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As the ‘oracle’ who predicted the housing crisis in his 2003 book, The Coming Crash in the Housing Market, warned of a global banking crisis in his 2006 book, Sell Now, and called the election for Obama when the senator from Illinois was still the underdog in Obamanomics, Talbott’ s revelations about how the Street and the economy really work are as clear-eyed and undeniable as his predictions and recommendations for our economic future are tough, sensible and exciting. We may ignore them at our own peril.

If you want to know what people will be talking about in years to come, read John R. Talbott now.

Links and Further Reading

• Anne Davies in the Sydney Morning Herald

Read this book? – Leave a comment or review below.

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