Crash Proof: How to Profit From the Coming Economic Collapse (Google eBook)
The economic tipping point for the United States is no longer theoretical. It is a reality today. The country has gone from the world's largest creditor to its greatest debtor; the value of the dollar is sinking; domestic manufacturing is winding down - and these trends don't seem to be slowing. Peter Schiff casts a sharp, clear-sighted eye on these factors and explains what the possible effects may be and how investors can protect themselves. For more than a decade, Schiff has not only observed the U.S. economy, but also helped his clients reposition their portfolios to reflect his outlook. What he sees is a nation facing an economic storm brought on by growing federal, personal, and corporate debt, too-little savings, a declining dollar, and lack of domestic manufacturing.
Crash-Proof is an informed and informative warning of a looming period marked by sizeable tax hikes, loss of retirement benefits, double digit inflation, even - as happened recently in Argentina - the possible collapse of the middle class. However, Schiff does have a survival plan that can provide the protection that readers will need in the coming years.
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Review: Crash Proof: How to Profit From the Coming Economic CollapseUser Review - Christopher Goins - Goodreads
As with all books, one should not read this book only once. At minimum, I recommend the reader to go over difficult passages a second time. Nevertheless, this book is a good introduction to "what's ... Read full review
Review: Crash Proof: How to Profit From the Coming Economic CollapseUser Review - Tom - Goodreads
I'm still not sure how I feel about libertarian thought and the Austrian School, but Schiff does make a pretty clear and easy-to-follow case. Interesting to read in light of the housing bubble burst, recession, and subsequent events. Read full review
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