Crash Proof 2.0: How to Profit From the Economic Collapse
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- ISBN13: 9780470474532
- Condition: NEW
- Notes: Brand New from Publisher. No Remainder Mark.
Product Description
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 material
The 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 experimental 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 small 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 treacherous terrain. Throughout the book, Schiff clarifies the factors that will affect your future financial stability and offers a point three step plot to battle the current economic dip.
- Discusses the measures you can take to protect yourself-as well as profit-during these hard times
- Offers an insightful examination of the structural weaknesses underlying the economic meltdown
- Outlines a plot that will allow you to preserve wealth and protect the purchasing power of your savings
- Additional titles by Schiff: Crash Proof and The Small Book of Bull Moves in Bear Markets
Filled with in-depth insights and practiced advice, Crash Proof 2.0 will help you survive and thrive during the coming years of economic uncertainty.
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Maybe I did not read the fine print when I ordered Crash Proof 2.0 but I thought I was buying a new book – only 80 new pages were added to the original which basically replays the history of the past year in the financial world – if you have been following the news since the fall of 2008 you won’t find much new here.
Reader’s Rating: 1 / 5
I dont reflect that we are getting the full tale from this review.
Why should China and Asia do better than the United States in the long run? We owe foreign countries a ton of money in US dollars, and as Peter Schiff says, the dollar will collapse. This might be excellent for gold, (as Peter Schiff says). Maybe this will be excellent for commodities. But how is it excellent for China and terrible for us? The USA has more gold than anyone, and a collapsing dollar is a fantastic way to bring manufacturing here. I reflect that Mr Schiff knows this but just wants to get you to buy his book, and to buy foreign stocks via his brokerage.
Adage China will do excellent is like adage that when Tom Sawyer tricked everyone into paying to paint his fence, that in the long run Tom Sawyer was a loser and the fence painters were winners.
In my eyes Tom Sawyer got the best of the deal, and so will the USA.
Reader’s Rating: 1 / 5
This latest version of Crashproof (2.0) is being returned to the place of buy. Same book as the previous publication; new take in, brief 2009 updates at the ends of chapters. Save your money! Far as I can tell, Peter Schiff is the one profiting from this economy.
Reader’s Rating: 1 / 5
If you live in Connecticut and will vote in the coming senatorial elections, PLEASE read his first book to guage his ability as a fiscal prognosticator. Then read this one paying close attention to his advice on investment decisions. He was dead incorrect then and he is once again dead incorrect in this book. He just doesn’t get it and yet never misses an opportunity to tell the reader how he got it right.
His advice in version 1 was to fleeting the dollar, fleeting treasuries, buy European/non US stocks, buy gold(from a state bank in Australia to be precise) as a hedge against the disaster. Well this didn’t work out so well for anyone who took his advice then, and if a reader were to look at this advice as it has played out in 2010, it’s not looking much better today.
Please, the congress is chocked full of knuckleheads whose only legitimate aver of power rests in their ability to have and prompt forcefully an opinion, but incorrect, but treacherous. We don’t need one more, especially one who is so incredibly unaware of his own lack of understanding of financial markets.
Reader’s Rating: 1 / 5
Book is repeat of prior issue designed to sell his Brokerage. There is nearly no new information in the update.
Reader’s Rating: 3 / 5