Crash Proof: How to Profit From the Coming Economic Collapse

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Format: eBook
Pub. Date: 2007-05-01
Publisher(s): Wiley
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Summary

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.

Table of Contents

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
Rethinking Your Stock Portfolio
How to Survive and Thrive
Gold Rush-Be the First Person on Your Block to Stake a Claim
How to Survive and Thrive
Stay Liquid
Epilogue
Books for Further Reading
Glossary
Index
Table of Contents provided by Publisher. All Rights Reserved.

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