Crash Proof 2.0: How to Profit From the Economic Collapse Review
Well, here we are in recessionville and the news is not good as of this writing. More stimulus and more spending are the only solutions in the eyes of our current government as the means to get us out of the financial predicament that has been with us since the Summer of 2008. Peter Schiff's Crashproof 2.0 gives us a look at what he foretold regarding various sectors of the economy, most notably the housing bubble which came to the fore in the form of the mortgage-backed securities debacle. Mr. Schiff also gives us information on other subjects as well such as the state of the dollar, stock market instability, consumer debt and the problem of consumption in general. There is also a guide to protect ones self from the economic uncertainties that are ahead. The main point is that he advised investment in overseas markets.
The book updates the previous Crashproof by adding various addenda throughout the book that serve as updates that occurred between the publishing of the original and the update. It seemed to me that the advice was mostly directed toward high-end investors that had a good amount of disposable income. However, he gave a few tips to those that are not as well off. He proposed collecting copper pennies and nickels, urged people to pay off credit card debt and invest in various foriegn debt instruments from Australia, Germany and Canada. A timely book, the information which I hope I will follow in the days, weeks and months to come.
Crash Proof 2.0: How to Profit From the Economic Collapse Feature
- ISBN13: 9780470474532
- Condition: New
- Notes: BUY WITH CONFIDENCE, Over one million books sold! 98% Positive feedback. Compare our books, prices and service to the competition. 100% Satisfaction Guaranteed
Crash Proof 2.0: How to Profit From the Economic Collapse Overview
A fully updated follow-up to Peter Schiff's bestselling financial survival guide-Crash Proof, which described the U.S. 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 Wall Street 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 U.S. 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 America 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.
- Discusses the measures you can take to protect yourself-as well as profit-during these difficult times
- Offers an insightful examination of the structural weaknesses underlying the economic meltdown
- Outlines a plan that will allow you to preserve wealth and protect the purchasing power of your savings
- Other titles by Schiff: Crash Proof and The Little Book of Bull Moves in Bear Markets
Filled with in-depth insights and expert advice, Crash Proof 2.0 will help you survive and thrive during the coming years of economic uncertainty.
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*** Product Information and Prices Stored: Oct 04, 2010 19:39:05
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