Crash Proof 2.0: How to Profit From the Economic Collapse, 2nd Edition
The economic and monetary disaster which seasoned 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 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 the world 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
- Filled with in-depth insights and expert advice, Crash Proof 2.0 will help you survive and thrive during the coming years of economic uncertainty.
Introduction: America.com: The Delusion of Real Wealth.
1 The Slippery Slope: Consumers, Not Producers.
2 What Uncle Sam, the Mass Media, and Wall Street Don't Want You to Know.
3 For a Few Dollars More: Our Declining Currency.
4 Inflation Nation: The Federal Reserve Fallacy.
5 My Kingdom for a Buyer: Stock Market Chaos.
6 They Burst Bubbles, Don't They?: The Coming Real Estate Debacle.
7 Come On In, the Water's Fine: Our Consumer Debt Problem.
8 How to Survive and Thrive, Step 1: Rethinking Your Stock Portfolio.
9 How to Survive and Thrive, Step 2: Gold Rush--Be the First Person on Your Block to Stake a Claim.
10 How to Survive and Thrive, Step 3: Stay Liquid.
Books for Further Reading.
John Downes is coauthor of the bestselling Dictionary of Finance and Investment Terms, Barron's Finance and Investment Handbook, and Beating the Dow. He lives in Poughquag, New York.