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Lesson #5: “Work and live to serve others.”
“Work and live to serve others, to leave the world a little better than you found it and garner for yourself as much peace of mind as you can,” advised Sarnoff. “This is happiness.”
Lords of Finance: The Bankers That Broke the World by Liaquat Ahamed
In 2009 we’re deep into a major recession in the United States and many other countries throughout the world are experiencing many of the same problems. Each week we hear comparisons to previous recessions and economic downturns – but the benchmark for all financial crisis is the “Great Depression”. So, this seems like a great time to read and learn more about what happened around the world from the end of World War I and the late 1930’s. Liaquat Ahamed has written a great book that documents what was happening in the world during this twenty year period. I highly recommend that anyone interested in learning more about what lead up to the Great Depression and how the financial leaders handled it – must read this book.

Other war reparations Related Articles

Gold, the Euro, and Sins of the Fuhrer
With or without hyperinflation, today’s welfare-state obligations, just like 1919’s war reparations, are simply too big to be paid, suggests Mike Farrell with aspenIbiz. Read this short post to understand why the Euro was to neuter the sins of the past.

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