John-Paul's Blog

Last week, I finished, Mr. Alan Greenspan’s new book called, The Age of Turbulance.  It is an amazing book about Mr. Greenspan’s life. He starts off with an inside look at his personal background, where he was born, his environment and his early personal life, all of which he describes in detail before he moves on to his interest in matters of finance and the creation of his first business, Townsend and Greenspan.  And finally, he describes his reign as the Fed Chairman. Here he offers his insights into world issues, such as oil and the National Trade Deficit, and gives his “Delfic Future” in which he predicts who will be the major players in 2030, as well as the world economy at that time.  His predictions I found to be facinating, and I look forward to seeing if they are realized.

Overall, I found the book excellent.  A book that has the perfect mixture of combining learning, (reasons for high interest rates) with entertainment (such as the briefcase indicator).  Learning the everyday work of a high standing goverment official was both exciting and intriguing.  And discovering what Mr. Greenspan did to try to combat the problems such as 9-11 or Black Monday, was thrilling as well as educational.