Crash Proof: How to Profit From the Coming Economic Collapse
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A provocative and insightful examination of our difficult economic future and what investors can do to protect their wealth
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.
Critics' Reviews
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“Maverick Schiff is the Ron Paul of investment analysis.”
- by Bob Murphy at LewRockwell.com Full Review →
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“It is a rare treat to hear someone tell it like it is.”
- by Michael Nystrom at Bull (Not Bull) Full Review →
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“Clear, concise, and authoritative”
- by Sackerson at Bearwatch Full Review →
Other Books
How an Economy Grows and Why it Crashes
Little Book of Bull Moves, Updated and Expanded
Crash Proof 2.0: How To Profit From the Economic Collapse
The Little Book of Bull Moves in Bear Markets
Book Excerpts
From the Back Cover:
“Schiff was warning us about our fragile economic foundation long before the first cracks started to appear. There are plenty of market cheerleaders out there, but if you want advice from a market realist who has been proven right again and again, read this book.”
Glenn Beck, host, The Glenn Beck Program
From Chapter 1:
WHY THE GLOOM? THE GOVERNMENT SAYS THE ECONOMY’S FINE
If you’re wondering why you keep reading and hearing that the economy is doing just fine, don’t think you’re hallucinating or that I am. Modern politics is premised on the high expectations ofAmerican consumers, and the government has mastered the art of making bad economic news look like good economic news, thereby keeping the public happy and the politicians in office.
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