Crash Proof

Peter D Schiff

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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 will you learn from this book

  1. Warning Signs: Discusses early warning signs of economic instability and potential market crashes.

  2. Government Intervention: Explores the role of government policies and interventions in exacerbating or mitigating economic downturns.

  3. Currency and Inflation: Discusses the impact of currency devaluation and inflation on economies and investments.

  4. Asset Allocation: Emphasizes diversification and the importance of allocating investments across various asset classes to hedge against market volatility.

  5. Gold and Precious Metals: Advocates for investing in gold and precious metals as a hedge against currency devaluation and economic uncertainty.

  6. Sound Money Principles: Discusses the importance of sound monetary policies and their impact on long-term economic stability.

  7. Market Cycles: Explores the cyclical nature of markets and how understanding these cycles can help anticipate and navigate economic crises.

  8. Debt and Leverage: Discusses the dangers of excessive debt and leverage in both personal finances and at a macroeconomic level.

  9. Global Economic Trends: Explores global economic trends and their impact on markets, highlighting interconnectedness in the global economy.

  10. Long-Term Preparedness: Encourages long-term financial planning, emphasizing resilience and preparedness for economic downturns.

Language English
ISBN-10 978-0-470-04360-8
No of pages 272
Font Size Medium
Book Publisher John Wiley & Sons
Published Date 27 Mar 2007

About Author

Author : Peter D Schiff

1 Books

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