Crash Proof 2.0: How to Profit From the Economic Collapse, 2nd Edition

by Peter D. Schiff; John Downes

• ISBN13: 9780470550588
• ISBN10: 0470550589
• Format: eBook
• Copyright: 2009-08-01
• Publisher: Wiley

Summary

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 materialThe 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 MarketsFilled with in-depth insights and expert advice, Crash Proof 2.0 will help you survive and thrive during the coming years of economic uncertainty.

Table of Contents

Author's Note, Crash Proof 2.0

Preface

Introduction: America.com: The Delusion of Real Wealth

The Slippery Slope: Consumers, Not Producers

What Uncle Sam, the Mass Media, and Wall Street Don't Want You to Know

For a Few Dollars More: Our Declining Currency

Inflation Nation: The Federal Reserve Fallacy

My Kingdom for a Buyer: Stock Market Chaos

They Burst Bubbles, Don't They?: The Coming Real Estate Debacle

Come On In, the Water's Fine: Our Consumer Debt Problem

How to Survive and Thrive, Step 1: Rethinking Your Stock Portfolio

How to Survive and Thrive, Step 2: Gold Rush--Be the First Person on Your Block to Stake a Claim

How to Survive and Thrive, Step 3: Stay Liquid

Epilogue

Books for Further Reading

Glossary

Index

Table of Contents provided by Publisher. All Rights Reserved.