The New Empire of Debt : The Rise and Fall of an Epic Financial Bubble , 2nd Edition

Introduction: The Bubble Empire 1

Part I Imperia Absurdum

1 Dead Men Talking 19

2 Empires of Dirt 35

3 How Empires Work 51

4 As We Go Marching 77

Part II Woodrow Crosses the Rubicon

5 The Road to Hell 89

6 The Revolution of 1913 and the Great Depression 125

7 MacNamara’s War 143

8 Nixon’s the One 169

Part III Evening in America

9 Reagan’s Legacy 181

10 America’s Glorious Empire of Debt 207

11 Modern Imperial Finance 235

12 Something Wicked This Way Comes 249

Part IV Fin De Bubble

13 Welcome to Squanderville 259

14 Still Turning Japanese 277

15 The Mighty Fallen 285

16 What to Do When the Barbarians Arrive 323

Notes 329

Index 339