Crash Proof: How to Profit From the Coming Economic Collapse
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.
What people are saying - Write a review
What Uncle Sam the Mass Media and Wall Street Dont Want You to Know
For a Few Dollars More Our Declining Currency
Inflation Nation The Federal Reserve Fallacy
My Kingdom for a Buyer Stock Market Chaos
They Burst Bubbles Dont They? The Coming Real Estate Debacle
Come On In the Waters Fine Our Consumer Debt Problem
How to Survive and Thrive Step 1 Rethinking Your Stock Portfolio
Other editions - View all
Crash Proof 2.0: How to Profit From the Economic Collapse
Peter D. Schiff,John Downes
Limited preview - 2011
abroad Alan Greenspan American artiﬁcially Asian assets Associates www.prudentbear.com bear market beneﬁt bonds borrowing budget deﬁcits bull market buyers cash central banks China collapse companies conﬁdence consumer prices consumption cost countries debt deﬂation demand dividend yield domestic earnings exchange exports Farmer Jones Federal Reserve ﬁat ﬁgures ﬁnally ﬁnance ﬁnancial ﬁnd ﬁrm ﬂow foreign stocks going gold GoldMoney government’s gross domestic product growth hedge funds higher home equity housing bubble income increase inﬂation interest rates investment investors IOUs liquidity loans monetary money supply mortgage mutual funds numbers ofﬁcial payments percent permission from David Pink Sheets portfolio problem production proﬁt purchasing power ratio real estate bubble reﬂect reserve currency result rise risk sacriﬁce savings securities sell shares signiﬁcant silver spending standards stock market taxes there’s Tice and Associates tion trade deﬁcit Treasury U.S. dollar U.S. economy U.S. government United Wall Street