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.
|
From inside the book
Results 1-5 of 89
... will fluctuate. Investments may increase or decrease in value, and investors may lose money. Contents Author's Note, Crash Proof 2.0 vii Preface xv Introduction: ffirs.indd iv ffirs.indd iv 9/26/11 8:15:31 AM 9/26/11 8:15:31 AM.
... The strangeness of our economic times is manifested in the increased volatility of the financial markets. During times of panic, investors fbetw.indd xi fbetw.indd xi 9/27/11 4:00:37 PM 9/27/11 4:00:37 PM AUTHOR'S NOTE, CRASH PROOF 2.O xi.
... have their wits about them. Recently there has been increasing recognition from qualified and impartial opinion leaders that trade imbalances are fpref.indd xviii fpref.indd xviii 9/22/11 9:41:42 AM 9/22/11 9:41:42 AM xviii PREFACE.
... increasing frequency to balance prevailing opinion. CNBC has labeled me Dr. Doom and gives me the friendly needle for being a modern- day Chicken Little. I take it all in fun, but recognize our economic realities are hardly a laughing ...
... increasing percentage of U.S. Treasury debt is now held abroad. We certainly do not “owe it to ourselves” anymore. Source: Reprinted by permission from David L. Tice and Associates (www.prudentbear.com). waver, that the U.S. economy is ...
Contents
What Uncle Sam the Mass Media and Wall Street | 33 |
Our Declining Currency | 63 |
The Federal Reserve Fallacy | 91 |
Stock Market Chaos | 129 |
The Coming | 159 |
Our Consumer | 199 |
Rethinking | 237 |
Gold Rush | 283 |
Stay Liquid | 317 |
Epilogue | 339 |
Books for Further Reading | 345 |
Index | 353 |