Financial Sense Newshour: In Depth

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An incisive look at the consequences of today's costly and damaging suburban lifestyle, this new book exposes the economic, cultural, environmental, and health problems underlying life in suburbia.

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From the author of Water Follies, Robert Glennon captures the irony—and tragedy—of America’s water crisis in a book that is both frightening and wickedly comical. From manufactured snow for tourists in Atlanta to trillions of gallons of water flushed down the toilet each year, Unquenchable reveals the heady extravagances and everyday inefficiencies that are sucking the nation dry.

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Financial innovation, new laws and regulations, and the financial meltdown of 2007-2008 are just a few of the forces that have shaped, and continue to shape, today's distress investment environment. Combine this with the fact that the descipline of distress investing doesn't always follow what conventional wisdom says, and you can see why it is one of the most challenging areas in finance.

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With no end to the global debt crisis in sight and the American economy sinking into depression, traditional advice on money could lead millions of innocent victims down the road of deepening losses. But with this timely book, Martin Weiss will guide you to the truly safe havens and show you how to turn this crisis into a unique wealth-building opportunity.

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Is it any wonder that our energy needs are so great? Nearly everything that defines our way of life requires energy-consuming devices, from cars, planes, trains, and air conditioning to lights and computers. And our global appetite for energy keeps growing as population and wealth obliges consumption on an unfathomable scale.

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Documented cycles range widely in diversity. They include fluctuations in the stock market, commodity prices, economic activity, wars, civilizations, global climate, ice-ages, geological formations, and abundance of life on Earth. This book examines all of these cycles, plus more.

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Water, says Steve Hoffmann, will be the resource that defines the twenty-first century—driven by a substantial increase in its value. The water business is already the third largest industry in the world, behind oil and gas production and electricity generation. There is a burgeoning global demand for safe drinking water, environmentally sustainable water use, and industrial process improvement. Trillions of dollars will be spent worldwide on water projects in the coming years, which will substantially elevate the equity values of water-related companies.

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What do subprime mortgages, Atlantic salmon dinners, SUVs and globalization have in common? They all depend on cheap oil. And in a world of dwindling oil supplies and steadily mounting demand around the world, there is no such thing as cheap oil. Oil might be less expensive in the middle of a recession, but it will never be cheap again.

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Stock Shock exposes the down and dirty schemes and calculated market manipulation behind the glitter of Wall Street. It is a must see for anyone who has ever lost money in stocks...or fears they're about to.

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Everything they say about the Great Depression and the New Deal is wrong. No economic myth these days is more pernicious than the myth that the free market caused the Great Depression and the New Deal got us out of it. That, as economist Robert P. Murphy points out is flat-out false.