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September 29, 2008
Best Book Accidentally About the Credit Crisis
I've been listing books lately that are about the credit crisis, albeit in indirect fashion, like the excellent Plight of the Fortune-tellers. Today's book is one that isn't really about the crisis at all, but turns out to be terrifyingly on point. It is Robert Frank's Richistan, released only a year ago (even it feels like a hundred).
Frank's book is about the wealthy in America, many of whom are new arrivals via real estate. This will almost certainly turn into a classic period piece about the end of the go-go days.
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