In today's economy, you'd be hard pressed to find someone (including me) paying more than $30 for a book. That's what libraries are for!
Yet there are notable exceptions to my frugal policy on literature. Every now and then, I've splurged. The Shakespeare Anthology; William Blake's Illuminated Works; an Interlinear Bible… On my couch with a glass of red, some warm blankets and a kitten on my lap, I often flip through these texts.
I also have a few pricey art books and test preparation manuals that often provide light entertainment to guests at my home -- or at least they make me look smart!
But the latest addition to my library has started more conversations than any of my previous literary acquisitions.
Kendall and Prechter's tulip-covered The Mania Chronicles: A Real-Time Account of The Great Financial Bubble 1995-2008 has sparked several lively debates, both in my living room and out on the town.
No wonder -- here's an excerpt from the inside cover:
The Great Asset Mania was the Tulip Bulb Mania, South Sea Bubble, Roaring 'Twenties, and Japanese Miracle all rolled into one. Investors who got caught up in it can empathize with participants in those prior fevers who didn't realize what was happening at the time. A mania is so infectious that few can stand apart from it, understand its nature and anticipate its collapse.
Thanks to R.N. Elliott's discovery of the Wave Principle in the 1930s and Prechter's extension of it into socionomics in the 1980s and 1990s, analysts for the first time ever were able to predict, understand, and describe a financial and social mania from beginning to end.
With this real-time record of a once-in-300-years financial odyssey as a precedent, some observer of a future mania may also be able to chronicle history as it happens.
Perhaps a greater number of people will be able to separate themselves from the stampeding herd and take advantage of the trend with a careful eye to its eventual termination and reversal.
Thought-provoking claims like these are backed up with over 700 pages of encyclopedic content. Charts, headlines, news excerpts, and commentary from Kendall and Prechter make for a great read (and re-read!).
This many clear, real-time socionomic insights between two covers make a great conversation starter (but you might need a bigger coffee table).
To understand today's crisis -- and to be prepared for what's still to come -- demands a full grasp of how we got here. The Mania Chronicles offers all this at your fingertips -- and it has to be owned to be fully appreciated.
Readers are calling Mania Chronicles the “Only real-time diary of the prelude to the financial crisis” and a “Tremendous Achievement.” Now get your 700-page copy of Mania Chronicles -- Learn more and order your copy today>>