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Crash Proof: How to Profit From the Coming Economic Collapse (Lynn Sonberg Books)


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 : Crash Proof: How to Profit From the Coming Economic Collapse (Lynn Sonberg Books)

List Price: $27.95
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Binding: Hardcover
Dewey Decimal Number: 332.60973
EAN: 9780470043608
Edition: 1st American
ISBN: 0470043601
Label: Wiley
Manufacturer: Wiley
Number Of Items: 1
Number Of Pages: 288
Publication Date: February 26, 2007
Publisher: Wiley
Studio: Wiley




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Editorial Review:

Product 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.



Customer Reviews
Average Rating:  out of 5 stars

Rating: 2 out of 5 stars - Lines of reasoning are unclear
I'm sure the author knows his stuff, but I had real issues following the lines of reasoning. Sometimes even just trying to figure out what the point of a given section was. I'm a relative newbie when it comes to these issues, and the book just isn't written in a way that someone like me can digest it. I got about a third of the way through and put it down to move on to something I'll hopefully get more out of.



Rating: 1 out of 5 stars - don't buy it, you'll regret it....
it's a bunch of fluff & nonsense with maybe a LITTLE truth

you'll be throwing money away buying this




Rating: 3 out of 5 stars - Only okay.
CRASHPROOF is an interesting book on the pending disaster looming for america's economy and capital markets. Unfortunately, it was probably more interesting in 2007 than in 2010 when so much more has taken shape. While the author tries to update his work by adding addendums to each chapter, it smacks of being "old news".

For the pessimist, there is more current analysis in AFTERSHOCK or HOW TO SURVIVE THE END OF THE WORLD, both worthy of reading. For the optimist, I guess there are ... Read More



Rating: 3 out of 5 stars - How to keep your money a little safer?
The title of this book ought to be "How to keep your money a little safer". As for
"profiting", where's that?

This book teaches very basic and conservative techniques that can be summed up as:

(1) Buy gold: how to own it through physical holdings, ETFs, etc.
(2) Invest in foreign stocks, but not through ADRs or Pink Sheets.
(3) Get liquid, save more.

Thanks for the tips!

This first edition was published in 2007. It's the Year ... Read More



Rating: 4 out of 5 stars - Peter Schiff is good but not a master
Yes. Peter Schiff predicted the sub-prime crisis in 2006. But he is NOT the only one. Soros predicted in 2003.

When Schiff talked about gold, he didn't mentioned IMF as the largest holder. Peter Schiff is good, but not a master like Soros.

Peter Schiff is a broker and Ron Paul's economic adviser. But I wonder if he can be a good fund manager. At least I doubt it based on the info in his two books, Crash Proof and The Little Book of Bull Moves in Bear Markets: How to Keep Your ... Read More





 

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Crash Proof: How to Profit From the Coming Economic Collapse (Lynn Sonberg Books)

    

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