Crash Proof : How to Profit from the Coming Economic Collapse by John Downes and Peter D. Schiff (2007, Hardcover)

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Product Identifiers

PublisherWiley & Sons, Incorporated, John
ISBN-100470043601
ISBN-139780470043608
eBay Product ID (ePID)57000008

Product Key Features

Book TitleCrash Proof : How to Profit from the Coming Economic Collapse
Number of Pages288 Pages
LanguageEnglish
TopicPersonal Finance / Investing, Economic Conditions, General
Publication Year2007
IllustratorYes
GenreBusiness & Economics
AuthorJohn Downes, Peter D. Schiff
FormatHardcover

Dimensions

Item Height1 in
Item Weight16.7 Oz
Item Length9.1 in
Item Width6.5 in

Additional Product Features

Intended AudienceTrade
LCCN2006-034736
Dewey Edition22
Dewey Decimal332.60973
Table Of ContentPreface.Introduction: America.com: The Delusion of Real Wealth.1 The Slippery Slope: Consumers, Not Producers.2 What Uncle Sam, the Mass Media, and Wall Street Don't Want You to Know.3 For a Few Dollars More: Our Declining Currency.4 Inflation Nation: The Federal Reserve Fallacy.5 My Kingdom for a Buyer: Stock Market Chaos.6 They Burst Bubbles, Don't They?: The Coming Real Estate Debacle.7 Come On In, the Water's Fine: Our Consumer Debt Problem.8 How to Survive and Thrive, Step 1: Rethinking Your Stock Portfolio.9 How to Survive and Thrive, Step 2: Gold Rush-Be the First Person on Your Block to Stake a Claim.10 How to Survive and Thrive, Step 3: Stay Liquid.Epilogue.Books for Further Reading.Glossary.Index.
SynopsisOffering a warning of a looming period marked by sizable tax hikes, loss of retirement benefits, double digit inflation, and the possible collapse of the middle class, Schiff presents a survival plan that can provide the protection readers will need in the coming years., 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., Praise for "Crash Proof" "The dot-com implosion proves that we all need Peter Schiff's vision of investing.'His view is so global and so unique in its approach, and at a time when we all should be looking to crash-proof our portfolios, Schiff offers us this much-needed life-raft." --Liz Claman, Cohost, "CNBC Morning Call" "For those accustomed to America's economic dominance, Crash Proof is a frighteningly forthright wake-up call. But Peter Schiff is one Cassandra whose voice deserves your rapt attention. Devoid of the usual Wall Street spin, this frank and prophetic read will make you reconsider the very foundations on which your financial house is built." --Jonathan Hoenig, Portfolio Manager, Capitalistpig Hedge Fund LLC and FOX News Channel analyst "Schiff does an outstanding job of outlining the dangers to individual investors of the current economic environment and presents a plausible plan about how to deal with the risks." --David W. Tice, Portfolio Manager, Prudent Bear Funds "A sober assessment of the financial problems facing our country. Reading this book will prepare you for potential outcomes that Wall Street and the mainstream financial media are completely unaware of." --Bill Fleckenstein, founder and President of Fleckenstein Capital and MSN.com Money columnist, 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 debt∨ the value of the dollar is sinking; domestic manufacturing is winding down - and these trends don't seem to be slowing.
LC Classification NumberHC106.83.S35 2007

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