Crash Proof: How to Profit From the Coming Economic Collapse (Lynn Sonberg Books)
- ISBN 10: 0470043601
- ISBN 13: 9780470043608
- Authors: Peter D. Schiff - John Downes
- Edition: Hardcover
- Release: 2007-02-26
- Format: Hardcover (288 pages)
- List Price: $27.95
- Tags: Business & Investing, Personal Finance, Management & Leadership, Planning & Forecasting, Popular Economics,
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Book 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.
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