It takes the average reader 5 hours and 38 minutes to read The Interest of Time by Alejandro Reyes
Assuming a reading speed of 250 words per minute. Learn more
The Interest of Time is a book about your Money. As we approach the 10-year anniversary of the events that led to the Global Financial Crisis, the economies around the world have yet to regain pre-crisis growth levels. After unprecedented levels of stimulus, the US has embarked on a process of normalization of interest rates. Will the central banks of the world raise rates before the private sector has repaired their balance sheets? Or will another recession put us on a collision course with 0% interest rates and the Zero Lower Bound? There are two ways to build wealth. Make more money. Or spend less. Traditional economic theory relies on households and corporations who are always trying to "maximize profits" (make more money). However, once every 50-100 years, a special type of debt-driven recession damages balance sheets so drastically it changes people's thinking. They go into balance sheet repair mode. They spend less, instead of trying to make more. The Great Depression was a Balance Sheet Recession that lasted over 12 years and caused a global depression that fueled the start of World War II. Japan's Lost Decade is a Balance Sheet Recession and has been raging for almost 2 decades now. And finally, the Global Financial Crisis, or The Great Recession, is a Balance Sheet Recession. And it is not over. Everybody knows that there was a financial crisis that occurred in 2008. This is the true story about how the 30 million families that found themselves in underwater balance sheets recovered from the greatest financial crisis since The Great Depression. Many more are still struggling under the weight of backbreaking debt and stagnant wages in the US, and around the world. This book is about the Great Balance Sheet Recession, why it happened, how the governments, households and corporations of the world can deal with it, and steps you can take to strengthen your family's balance sheet for the future.
The Interest of Time by Alejandro Reyes is 328 pages long, and a total of 84,624 words.
This makes it 111% the length of the average book. It also has 103% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 7 hours and 42 minutes to read The Interest of Time aloud.
The Interest of Time is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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