Contagion: The Financial Epidemic That is Sweeping the Global Economy... and How to Protect Yourself from It

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Wiley, Jan 23, 2009 - Business & Economics - 288 pages

Bestselling author John Talbott outlines the troublesome economic times ahead and what can be done about them

Tough times are here, and author John Talbott-who accurately predicted the technology stock collapse as well as the recent housing, mortgage, and financial crises-argues that the coming global recession will be unlike anything we've ever seen.

In Contagion, Talbott turns his attention to this crisis and offers insights on what can be done to navigate such treacherous terrain. Talbott sets the stage by discussing how government borrowing and spending on the war, healthcare, Social Security, and corporate giveaways combined with dramatic increases in personal spending, fueled by credit card and mortgage debt, have funded unsustainable levels of personal and government consumption.

  • Offers practical suggestions as to how investors and homeowners can best weather this storm with straightforward advice on where to invest
  • Examines real estate and housing issues to help you make the best decisions possible in this arena
  • Details the best ways to utilize stocks, bonds, TIPS, and commodities, and to prosper during this global crisis
  • If you really want to protect yourself from the unfolding economic crisis, then Contagion is the book you need to read.

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LibraryThing Review

User Review  - RalphLagana - LibraryThing

Contagion is informative but I prefer Dent's book The Great Depression Ahead. Dent went into more depth and took a broader view of why we're likely to face a depression in the country and worldwide ... Read full review

Man who predicted Housing Crash gives latest

User Review  - Tim96 - Borders

Contagion is an apt title for John Talbott's latest book as the analogy of today's credit crisis to a pandemic disease is more than appropriate. The book Contagion begins as an analytical autopsy of ... Read full review

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About the author (2009)

JOHN R. TALBOTT is a bestselling author, a former investment banker for Goldman Sachs, and previously a visiting scholar at UCLA's Anderson School of Management. For the last decade, he has been writing full-time as an author, publishing six books and numerous peer-reviewed academic journal articles on economics and politics. His books include Slave Wages; The Coming Crash in the Housing Market; Where America Went Wrong: And How to Regain Her Democratic Ideals; Sell Now!: The End of the Housing Bubble; and Obamanomics. Talbott has served as an economic advisor to a number of developing countries, including Jordan and Russia. He has appeared live on CNN, Fox News, CNNfn, CNBC, MSNBC, and CBS, and has published articles in the Wall Street Journal, Boston Globe, Philadelphia Examiner, San Francisco Chronicle, and Financial Times.

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