Hardcover: 272 pages
Publisher: Wiley; 1 edition (November 10, 2014)
Language: English
ISBN-10: 1118799941
ISBN-13: 978-1118799949
Product Dimensions: 6.3 x 1 x 9.3 inches
Shipping Weight: 1 pounds (View shipping rates and policies)
Average Customer Review: 4.4 out of 5 stars See all reviews (217 customer reviews)
Best Sellers Rank: #182,884 in Books (See Top 100 in Books) #67 in Books > Business & Money > Investing > Commodities #70 in Books > Business & Money > Industries > Energy & Mining > Oil & Energy #137 in Books > Politics & Social Sciences > Politics & Government > Public Affairs & Policy > Environmental Policy
Great build up but falls apart at the end due largely to a glaring false premise. Don't buy, get a library copy if you're interested in the topic. There's lots of interesting historical information, especially on past events in the Middle East but I can't get into some of Katusa's claims and interpretations. But as I got into the final few chapters something about this book began to smell.To see what was causing the stink turn to the end of the Index, three blank pages then there it is -- AND EXCLUSIVE OFFER TO SIGN UP FOR "THE COLDER WAR" NEWS LETTER -- YOU'LL SAVE 47% !!!!!The basic premise is this: The U.S. is allowing China and Russia to manipulate the oil markets for the purpose of dethroning the U.S. dollar as the preferred currency of global exchange (i.e., the petro-dollar). This will set off a chain of events causing foreign holders of U.S. dollars to exchange them for something else. Those dollars will come back to the U.S., disrupt our economy sending it into a death spiral. Foreign governments and companies will also dump U.S. debt instruments such as treasuries and we'll no longer be able to fund our huge debt. The Fed will print more money and buy up the debt.All this sounds reasonable and quite plausible were it not for one little detail: given what's going on in the world right now, where's the safe haven for foreign cash? The yen, the Euro, the Ruble, the Yuan? I think not! Apparently Mr. Katusa isn't aware of that house-of-cards known as the Chinese economy. Take a look at what's going on in China right now. These guys think they're going to be the Masters of the Universe? Yeah, right! And Russia isn't much better off. The U.S. dollar will be just fine unless WE destroy it all by ourselves.Mr.
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