I’m re-reading “The Credit Crunch” by Graham Turner because I needed something small to fit in my bag to read on the bus on the way to work. And also because I think he has some good points about the current economic situation, despite the really poor style in which this book is written. It meanders. He jumps around. At times he assumes the reader shares his vast knowledge base and years of experience, particularly regarding the economy of Japan over the last 2.5 decades. He doesn’t get around to writing a ‘history’ of that economy until chapter 7 (out of 8 chapters). So this time I started with chapter 7 and then went back to the beginning to make sure I have that example well in mind before getting into all the comparisons he makes in the first 6 chapters.
He’s British, but that’s no excuse. This book is not well organized at all. Too bad, because I think he has hit the nail right on the head about what is happening in the economy now. And hopefully I’ll get more out of it this time around.
