| |  | Books : Crash Proof: How to Profit From the Coming Economic Collapse (Lynn Sonberg Books) |  | | | | | | | | | |
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Binding: Hardcover Dewey Decimal Number: 332.60973 EAN: 9780470043608 ISBN: 0470043601 Label: Wiley Manufacturer: Wiley Number Of Items: 1 Number Of Pages: 288 Publication Date: February 26, 2007 Publisher: Wiley Sales Rank: 38 Studio: Wiley
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Product Description: 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.
Customer Reviews Average Rating:  Rating: - Conflict of interest seems likely. I read "Crash Proof" in one day yet I'm not an investor. I think the concern that Mr. Schiff is using his book to promote his company's line of investment products is a valid one. On another note, there is a glaring error on page 224 of the hard cover edition. He writes, "My favorite way to buy silver is just to buy junk silver ... minted before 1968. They [the coins] are 90 percent silver." Wrong. Only the coins minted before 1965 are 90 percent silver. A quick visit to any of the Junk Silver web ... Read More
Rating: - Novice here... I'm a complete novice to finances. Or at least I was before I read Crash Proof. It made all of those fancy stock market terms easy to understand. I was already anticipating some kind of crash because Ron Paul was saying it was coming, and he's been right every time! But this book made the coming crisis more scientific.
Also, the part about Gold is genius. Get gold! GET GOLD!
Rating: - Crash Proof This is an excellent book.It is very easy to understand and explains what is happening with the economy and how to protect your money.I believe it is a necessity in these troubled times.
Shera RAel
Rating: - nothing insightful, radical point of view, shills for his own company I bought this book when I was somewhat zealous of gold and the potential of an economic collapse. You can get a feel for the nature of this book from its title "how to profit" from the coming economic collapse. This is not a book about political or economic theory. It is an emotionally stirring book that directs you toward investing a) in gold and b) in foreign stocks. Schiff even advises borrowing at a fixed rate to invest in gold and foreign stocks to beat the rate difference, setting up a mini hedge ... Read More
Rating: - What does Peter Schiff, Ron Paul and Al Gore have in common? What does Peter Schiff, Ron Paul and Al Gore have in common?All three of them got ridiculed for speaking inconvenient truths.
Al Gore was ridiculed when he spoke of Global Warming, but it didn't take long for the public to wise up and award him the Nobel Prize - while President Bush lead us towards environmental and economic melt down.
During the 2008 political debates, Ron Paul spoke of reducing the size of government, restoring the dollar and retreating from needless wars ... Read More
Crash Proof: How to Profit From the Coming Economic Collapse (Lynn Sonberg Books) | | | |
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