The Great Collapse

This book really made me understand the power of the United States and the helplessness of its economic collapse. As an ordinary person, I feel that I should make a lot of money, otherwise, I will not even be able to afford food. The battle for the king allowed the U. S. Economy to defeat the former hegemon, the United Kingdom, and through the currency war, the U. S. Dollar became a global currency. The scene of economic prosperity can be described as the prosperous age of the United States. The United States has reached a relatively strong level in the early 1920s. The labor force is concentrated in production, followed by industrial upgrading and technological innovation. It also made me see the Dutch tulips, the South China Sea incident, the subprime mortgage crisis, the four Asian tigers, and the four tigers being harvested. The madness of real estate, the ancestor of the Ponzi scheme, is really exciting. As an ordinary person, how should we go ashore and what should we plan? I still can't see through it. The entire article talks about how Capital City has become a top-notch chaebol. The best years for ordinary people are just retail investors with higher wages and participation in stock investments. I really don't know the path of ordinary people. Maybe they can become a chaebol in a certain field from scratch. Whether they buy stocks when they are low or get on the bus when housing prices are low, it's all in life. There is also the improvement of the pension system. I wrote about it wherever I thought. I feel that history is always surprisingly similar, and because the protagonists are different, it is also extremely exciting. Why did the originally prosperous United States suddenly experience an economic crisis that spread to Europe and then affected the world? This was because the U. S. Government at that time advocated a free economy and did not impose any interference. This resulted in the absence of supervision, which would amplify the people's desire for loans and consume in advance, just like Japan's economy, which overdraws future money in advance. Something will happen eventually. Leading to an economic collapse.

The reason is simple. People keep repeating, and the economy keeps repeating. But the simpler things are, the more extraordinary they are. Free things are the most expensive. The more repeated things are, the more important they are

This book reminds me of my uncle, who has worked hard in the city for many years and experienced many setbacks. The economic collapse mentioned in the book reminded me of the difficulties he once faced, and it also made me cherish my current life even more. At the same time, the book's combing of history and analysis of economic crises also gave me a deep understanding of the importance of solid foundation and risk prevention. I recommend everyone to read this book and learn from history to better face future challenges.

A value-for-money financial book that is difficult for beginners, but a good book worth reading for financial practitioners. By describing the ins and outs of the Great Depression in the United States, the author profoundly reveals that no matter in a capitalist society or a socialist society, as long as there is a market economy, economic cycles are inevitable, and speculation has existed since ancient times. It is everywhere, and the hype is endless. One new trick after another, but the external form is different. In essence, they are just trying to take the money out of your pocket. This is true for stocks, and it is also true for real estate. I hope everyone can open their eyes and see through the appearance of things to see through their essence. Be sure to keep your pockets tight and your wallets guarded.

2025.12.26.23.00 The content of this book fits the title very well. It tells the reasons for the country's economic collapse, the rescue methods, and its characteristics. For example, before the economy collapses, high-rise buildings will be built, money will be amassed crazily, and the stock market will collapse. Many people will lose their jobs. The entertainment industry is the best career to develop during an economic downturn. Manufacturing and other industries will be left alone. What is described in detail in the book is that although it is the big collapse of the previous cycle, the collapse of our era will soon come. The best solution is to innovate to discover a better way of survival. Or it's a war to plunder other people's property. After each collapse comes more advanced technology and lifestyles. The poor can only work hard and work hard, while the rich are born to enjoy. Unless it reaches an advanced stage and is updated in the new era, it will only solidify the class and not allow the new poor to cross this class. The book is great. It is a good book for people who have no money and no power in our time.

Five-star review. Although it is an American story, it is enlightening and enlightening. The knowledge points are very concise and concise, and the story is still listenable.

Understand the historical development of the United States from a side perspective

I don't understand many professional terms but I understand most of them. Thank you so much to the author. I have gained more knowledge.

A book worth reading, it gives us a deeper understanding of the financial market and profoundly reminds us to always remain vigilant and rational in investment.