Code Red–How to Protect Your Savings from the Coming Crisis, by John Mauldin and Jonathan Tepper (Wiley, 2014).
Messrs. Mauldin and Tepper also wrote Endgame: The End of the Debt Supercycle together.
When not writing highly digestible books, John Mauldin operates Millennium Wave Investments, a broker-dealer and advisory firm, as well as Mauldin Economics, a research firm. Jonathan Tepper is the chief editor of Variant Perception, a macroeconomic research group.
The first John Mauldin book I reviewed was Bull's Eye Investing. John Mauldin is good, and the new book, co-written with Jonathan Tepper, is a terrific read. Who else makes domestic and global economic and financial information fun to read?
Code Red is tough to put down–the authors set the hook firmly and keep reeling in the reader. A main theme is what the authors call financial repression, e.g. what governments do to make pain go away and make citizens think they feel better.
Readers of The Investment Edge and Broker's Bookcase know that one of my favorite movies (actually, a play at first) for great lines is A Few Good Men. Mauldin and Tepper take us through a slightly revised version of Colonel Nathan Jessup's soliloquy.
Imagine Ben Bernanke in the part played by Jack Nicholson in the film, saying this:
