Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown, 2nd Edition
From the authors who were the first to predict Phase I of our current economic downturn-in their landmark 2006 book, America's Bubble Economy-comes their insightful sequel discussing their predictions for the next phase of the Bubble Economy.
It may seem like the worst has come and gone, but it hasn't. With their proven track record of accurate predictions-which most financial professionals and economists missed-the authors explain how and why the next phase of the financial meltdown is about to hit. Things are not going back to how they were before. Instead, we are moving through uncharted territory, with new challenges and opportunities that few people can anticipate. Written in a straightforward and accessible style, Aftershock shows readers how to seek safety and profits in these dynamic economic conditions.
- Discusses how to protect assets, businesses, and jobs before and during the second wave of financial meltdown
- Provides clear and accurate advice on how to profit from the collapsing bubbles
- Offer focused guidance regarding real estate, which will continue to be a pressing concern for many
The authors' first book was chosen by Kiplinger's as one of the 30 Best Business Books of 2006, and its accuracy has been hailed by Paul Farrell of Dow Jones MarketWatch when he said "America's Bubble Economy's Predictions, though ignored, were accurate." Don't miss out on these time tested author's proven advice for how to mange your money during the coming financial meltdown.
Preface to the Second Edition of Aftershock xi
Introduction Your Guide to the Second Edition of Aftershock xv
PART I First the Bubblequake, Next the Aftershock 1
Chapter 1 America's Bubble Economy 3
Understanding How We Predicted the Bubblequake Four Years Ago Is Key to Understanding Why Our Latest Predictions Are Correct
Chapter 2 Phase I: The Bubblequake 27
Pop Go the Housing, Stock, Private Debt, and Spending Bubbles
Chapter 3 The Medicine Becomes Poison: Dangerous Inflation Ahead 61
Chapter 4 Phase II: The Aftershock 93
Pop Go the Dollar and Government Debt Bubbles
Chapter 5 Global Mega-Money Meltdown 131
It's not Just America's Bubble Economy, It's the World's Bubble Economy
PART II Aftershock Dangers and Profits 151
Chapter 6 Covering Your Assets 153
How Not to Lose Money
Chapter 7 Cashing in on Chaos 187
Best Aftershock Investments
Chapter 8 Aftershock Jobs and Businesses 217
The Good, the Bad, and the Ugly
Chapter 9 Understanding Our Problems Is the First Step Toward Solving Our Problems 231
Chapter 10 Our Predictions Have Been Accurate, So Why Do Some People Still Dislike Them? 257
Epilogue Say Good-Bye to the Age of Excess 275
Appendix Are the Stock and Gold Markets Manipulated? 279
Potential Stock Market Manipulation by the Federal Reserve
Robert A. Wiedemer is a Managing Director of Absolute Investment Management, a macro-focused money management firm that is in alignment with the macroeconomic analysis and perspective of Aftershock. Mr. Wiedemer holds an MBA from the University of Wisconsin-Madison.
Cindy Spitzer is an award-winning author who has collaborated on more than twenty books since 1993 including Chicken Soup for the Soul, Buy and Hold Is Dead (Again), America's Bubble Economy, and many others. She is President of Aftershock Consultants, a consulting firm that provides support and insights to individuals, families, and businesses, based on the ideas in Aftershock.
Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown
By David Wiedemer, Robert Wiedemer, and Cindy Spitzer
In the new edition of Aftershock, the same authors who predicted the housing crisis describe the even bigger financial shock to come, and how ordinary investors can protect themselves and profit from the coming changes.
The thoroughly updated second edition of Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown (Wiley, August 2011), emphasizes the role rising global inflation will play in the popping of the dollar and the government debt bubbles. The new edition updates the Wall Street Journal Business Bestseller and runaway success that sold more than 200,000 copies with its prescient predictions of the failing multi-bubble economy.
THE WORST IS YET TO COME
The forecasts in Aftershock have not only been consistently right years in advance, they have been right for the right reasons, which is why they will be right again.
“Aftershock differs from other books about the economic crisis in that it deals with the root causes of the economic crisis and gives investors concrete advice about how these shifts will affect assets,” said co-author Robert Wiedemer.
The second edition from authors David Wiedemer, Robert Wiedemer and Cindy Spitzer includes more than 30 percent new material, including:
- A new chapter on the effects of the Federal Reserve’s quantitative easing program
- A new chapter on the inadequacies in the field of economics that are ruining our chances of recovery and will exacerbate the coming global money disaster
- A focus on rising inflation and its role in the Aftershock
- Extensive advice on how investors can survive and profit from the coming turmoil, including how to buy and own gold and silver and what to do about real estate, life insurance and stocks
- Analysis of which employment sectors will benefit in a post-Aftershock world, and who will lose out in what will be a very challenging economy.
Bob Wiedemer is a managing director and David Wiedemer, Ph.D., is the chief economist for Absolute Investment Management, an investment advisory firm that embraces the macroeconomic views of Aftershock. Along with Cindy Spitzer, an award-winning writer, editor, and communications consultant, the Wiedemers run the financial consulting firm Aftershock Advisors. Long before the housing bubble popped, the authors first predicted the future fall of U.S. real estate, private debt, consumer spending, and the stock market in their landmark book, America’s Bubble Economy (Wiley, 2006).
About the Authors
David Wiedemer has a Ph.D. in economics from the University of Wisconsin. He co-founded a NASDAQ-listed company providing e-commerce services based on his patented technologies for securing the sale of electronically transmitted intellectual property, such as digitally stored information. David is the chief economist with Absolute Investment Management.
Robert Wiedemer is a highly successful entrepreneur having raised venture capital and taken onto NASDAQ a high technology information services company. He is also the primary business valuation advisor to the Small Business Administration’s SBIC venture capital program. It is the largest fund of venture capital funds in the world with $20 billion invested in over 4500 high growth companies. Robert is a managing director with Absolute Investment Management.
Cindy Spitzer is an award-winning writer, editor, co-author, communications consultant, who has contributed to 23 books since 1993.
Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown, Second Edition
By David Wiedemer; Robert Wiedemer and Cindy Spitzer
John Wiley & Sons
August 2011; $27.95; Hardcover
Also available as an e-Book
Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown, 2nd Edition (US $27.95)
-and- Stop Acting Rich: ...And Start Living Like A Real Millionaire (US $18.95)
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