Book Review: When Giants Fall

If you are looking for a thought provoking, well researched book on the state of US economy and the future standing of the United States, then this would be a book for you.  Michael Panzner spins an interesting tale about the future conflicts and economic crashes that our society faces.

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Karambit Knife

When Giants Fall

I first read this book a few years ago (2009), and thought that with all of the current social and economic unrest going on in the world it might be a good time to revisit “When Giants Fall“.  The book has an overwhelming amount of references and is well thought out by the author.  His basic ideas are as follows:  Here are the geo-political problems as I see them, based on this here is what I believe the future holds, and here is how you can profit and plan accordingly.

The parts and chapters alone give you a good idea about what this book is written.

Part I: Fault Lines of a Fading Empire
Chapter 1: Descent into Disorder
Chapter 2: Tides, Torrents, and Tsunamis
Chapter 3: A Future of Violence
Chapter 4: Money Talks
Chapter 5: Local is the New Global
Chapter 6: Multiplying Divisions

Part II: Opportunities and Threats
Chapter 7: Everybody’s Business
Chapter 8: Small Fortunes
Chapter 9: The Power of One


About the Book

For the Survivalist, “When Giants Fall” is more of a big picture book which might not be for everyone.  This is not a “How to Bug Out” type of book but more of a “We are facing a slow SHTF scenario and here are the facts as I see them.  This is how you can get used to the new reality and maybe profit from it.”

Michael Panzner touches on a lot of subjects that could be entire books by themselves, such as “Just in Time” inventory supply chain problems, falling world currencies, inflation, energy shortages, weak energy infrastructure, global warming, civil unrest, food shortages, global conflict, shifting population demographics, the US dollar as the world’s reserve currency, trade wars, strained natural resources, and much much more.

About the Author

Michael J. Panzner is a 25 year veteran of the global stock, bond and currency markets working for JP Morgan Chase, HSBC, When Giants Fall Book ReviewSoros Funds, Dresdner Bank, and ABN AMRO.  He currently runs the blog Financial Armageddon and authored a previous book by the same title, Financial Armageddon the book.


If you are a strategic thinker who wants a global perspective on the issues we are facing as a society, then this would be a good book for you.  Some of the many references contained in the book were a little much for my liking but I found myself going back and rereading chapters to really think over the information that the author provided.  Overall I thought it was a very sober look at the issues we are facing in the next 10 to 15 years and beyond. I recommend reading it.

Photos by: “When Giants Fall” John Wiley & Sons Publishing

5 thoughts on “Book Review: When Giants Fall”

  1. Crickets……………..well, as long as we continue to have a private company printing our money and banks abiding by the rules of fractional reserve banking, then we are doomed to collapse. Until people as a majority realize what "true wealth" is (family, love, food, shelter, health etc..) we'll keep riding this downward spiral. Prep hard.

  2. GEORGE SOROS has been a prominent international supporter of democratic ideals and causes for more than 30 years. His philanthropic organization, the Open Society Foundations, supports democracy and human rights in over 70 countries. Between 1979 and 2011, Soros gave away over $8 billion to human rights, public health, and education causes. He played a significant role in the peaceful transition from communism to capitalism in Eastern Europe and the Soviet Union (1984–89) and provided Europe's largest-ever higher education endowment to Central European University in Budapest. Born Jewish in Budapest in 1930, George Soros survived the Nazi holocaust and beginning with nothing worked his way to the top. He is probably the most generous wealthy man in the world. The USSR would probably still exist if not for Soros. Because Soros is Jewish, supports freedom, democracy and programs that help poor people climb the ladder to success he is strongly hated by members of the political far right.

  3. Ok I know Soros helps and supports various democratic organizations around the globe, but if he wished to take an active part in U.S. politics he needs to become a U.S. citizen otherwise he needs to leave his monies in their overseas bank accounts. Now as to the fall of giants this book maybe correct in putting forward that what we're facing is not a catastrophic rapid destruction of the world as we know it, but one that comes like with the Wester Roman Empire's decline at a slow pace so that when the final collapse occurs the civilization has already for the most part crumbled like stale dry toast.


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