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posted ago by CaptainTrouble ago by CaptainTrouble +45 / -0

I decided to read both these book after Carney was elected PM and I finally finished them both.

Carney's books is 100% propaganda. I have a major in finance and I mastered in statistics with a financial focus from a top 100 university, so I understand everything he's talking about. I work in banking and have for over a decade. All my option courses outside of finance were economics courses.

Carney literally cites Karl Marx more than any other person in his book. He frames so many economics/finance topics in a completely unfair way to make his ideas sound better. He sets up so many strawmans in his book it starts to get difficult to stomach at some points. His book was total trash. I learned absolutely nothing from it except how fucked Canada is.

Trump's book on the other hand is absolute gold. It's funny, there's actually a lot of good content to learn from. I happen to do loans for large apartment complex developments ($30m+) right now and everything Trump talks about is very real and the way he handles it is ingenuous at times. Just learning about some of the negotiations he conducted with the city and banks is illuminating. His advice is sound. Also, I can confirm based on my experience everything he says he feasible and true. It makes sense. It's the complete opposite of Carney's book.

I read Carney's book and I felt like I needed to take a cold shower to get rid of all the dirt that was in this book. It felt like lie after lie after lie and misrepresentation after misrepresentation. I felt dirty reading it. It's written at a high enough level that to a layman, they wouldn't pickup on everything Carney is misrepresenting but to the layman, it'll sound smart. Trump never wrote his book this pretentious and it's easy for anyone to follow but I can confirm given my experience that everything Trump discusses is 100% plausible and I can't say it isn't true because it sounds pretty true from what I know and I experience in his industry.

When I finished Trump's book, I actually learned a lot and I'll probably take a lot of what Trump said to heart and practice some of it in my industry. It's a useful book. I've read other books like How to Win Friends and Influence people but I'd consider Trump's book far more pertinent to the modern day than Carnegie's book, especially if you're in real estate development or any sort of business that requires negotiating with people and dealing with the government.