As the global economy struggles to avoid meltdown, so the greatest Ponzi scheme in history approaches its final death rattle. Politicians have stood by and watched the financial industry create a massive overhang of debt, a mountain of low quality assets - and ultimately, an economic disaster which has dwarfed all others.The Eurozone crisis and the LIBOR manipulaton scandal are just two symptoms of a much broader problem: one of vastly excessive debt, regulatory failure, a culture of deceit on Wall Street and the City of London, and governments that have promised their citizens far more than they can deliver. In Planet Ponzi, Mitch Feierstein tells you what's happened, what will happen next and how to protect yourself and your family.
Go tell the Spartans, stranger passing by,
That here, obedient to their laws, we lie.Nearly 2,500 years ago, in 480BC, at a bleak pass in a far-flung corner of eastern Greece, three hundred Spartan warriors faced the army of Xerxes of Persia, a massive force rumoured to be over a million strong. Their orders were simple: to delay the enemy for as long as possible while the main Greek armies mobilized.
For six days the Spartans held the invaders at bay. In the final hours - their shields broken, swords and spears shattered - they fought with their bare hands before being overwhelmed. It was battle that would become synonymous with extraordinary courage, heroism and self-sacrifice: it was Thermopylae.
In Gates of Fire, Steven Pressfield tells the epic story of those legendary Spartans: the men and women who helped shaped our history and have themselves become as immortal as their gods.