Crash Proof 2.0: How to Profit From the Economic CollapseA fully updated follow-up to Peter Schiff's bestselling financial survival guide-Crash Proof, which described the economy as a house of cards on the verge of collapse, with over 80 pages of new material The economic and monetary disaster which seasoned prognosticator Peter Schiff predicted is no longer hypothetical-it is here today. And nobody understands what to do in this situation better than the man who saw it coming. For more than a decade, Schiff has not only observed the economy, but also helped his clients restructure their portfolios to reflect his outlook. What he sees today is a nation facing an economic storm brought on by growing federal, personal, and corporate debt; too little savings; and a declining dollar. Crash Proof 2.0 picks up right where the first edition-a bestselling book that predicted the current market mayhem-left off. This timely guide takes into account the dramatic economic shifts that are reshaping the world and provides you with the insights and information to navigate the dangerous terrain. Throughout the book, Schiff explains the factors that will affect your future financial stability and offers a specific three step plan to battle the current economic downturn.
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From inside the book
Results 1-5 of 57
... Declining Currency 63 4 Inflation Nation: The Federal Reserve Fallacy 91 5 My Kingdom for a Buyer: Stock Market Chaos 129 6 They Burst Bubbles, Don't They?: The Coming Real Estate Debacle 159 7 Come On In, the Water's Fine: Our Consumer ...
... decline was highly unlikely and that any future real estate–related slowdown would not cause the economy to veer from its full-employment path. Like a compass pointing south, the Fed chairman's prognostications of economic trends ...
... declining savings rates are belied by high household net worth figures, which we know reflect inflated housing and paper asset values. He confuses consumption with growth and credits high competitive yields with attracting foreign ...
... decline could have serious consequences. Unfortunately, their cries fall on deaf ears and their warnings go unheeded. In a December 11, 2006, Bloomberg article, former Fed Chairman Alan Greenspan, speaking now as a private citizen, was ...
... decline against the yuan, American purchasing power would by definition be transferred to the Chinese. In China, factors of production would therefore be reallocated as they were during the postwar period in the United States. Factories ...
Contents
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How to Profit from the Economic Collapse Chapter 3 For a Few Dollars More Our Declining Currency | 63 |
How to Profit from the Economic Collapse Chapter 4 Inflation Nation The Federal Reserve Fallacy | 91 |
How to Profit from the Economic Collapse Chapter 5 My Kingdom for a Buyer Stock Market Chaos | 129 |
How to Profit from the Economic Collapse Chapter 6 They Burst Bubbles Dont They? The Coming Real Estate Debacle | 159 |
How to Profit from the Economic Collapse Chapter 7 Come On In the Waters Fine Our Consumer Debt Problem | 199 |
How to Profit from the Economic Collapse Chapter 8 How to Survive and Thrive Step 1 Rethinking Your Stock Portfolio | 237 |
How to Profit from the Economic Collapse Chapter 9 How to Survive and Thrive Step 2 Gold RushBe the First Person on Your Block to Stake a Claim | 283 |
How to Profit from the Economic Collapse Chapter 10 How to Survive and Thrive Step 3 Stay Liquid | 317 |
How to Profit from the Economic Collapse Epilogue | 341 |
How to Profit from the Economic Collapse Books for Further Reading | 349 |
How to Profit from the Economic Collapse Glossary | 353 |
How to Profit from the Economic Collapse Index | 357 |