Economic Cycles

This book is for those who feel embarrassed to discuss their debts, who bear the burden of a financial weight that steals their sleep, who feel embarrassed to discuss their debts. This book is for those who can't seem to find a way out of a troublesome economic situation, for those who struggle with loneliness due to their financial challenges, for those who have lost hope. Within these pages, you will find a manual that empowers you to assess your current financial standing, enabling you to take control of your finances—whether you are an entrepreneur or not—through practical examples,...

What is the arrogance cycle? We've just lived through it. As market bubbles build, our confidence level rises (dis)proportionately. Everyone wants in on the action. We want to believe Wall Street, and once we do, the inevitable happens. Like Dr. Frankenstein breathing life into inanimate flesh, investment professionals sought ever more novel ways to create wealth. The only problem was that it was all artificial.