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Debt, Deficits, and the Demise of the American Economy By Peter J. Tanous Jeff Cox,

  • Title: Debt, Deficits, and the Demise of the American Economy
  • Author: Peter J. Tanous Jeff Cox
  • ISBN: 9781118021514
  • Page: 351
  • Format: Hardcover
  • What investors can do to protect their investments in the next phase of the ongoing global economic collapse The United States is heading toward an unavoidable financial catastrophe that will paralyze the markets and the overall economy in ways never before seen Some call this impending economic catastrophe a double dip recession, others a financial Armageddon.RegardlessWhat investors can do to protect their investments in the next phase of the ongoing global economic collapse The United States is heading toward an unavoidable financial catastrophe that will paralyze the markets and the overall economy in ways never before seen Some call this impending economic catastrophe a double dip recession, others a financial Armageddon.Regardless of what it s called, it is too late to stop it Debts, Deficits, and the Demise of the American Economy is a look at how we got here, how the crisis is unfolding, and how it will end with a stock market crash in 2012, if not sooner.Takes you through the unraveling of the collapse, starting with a wave of sovereign debt defaults in Europe Predicts a stock market decline of two to three thousand points, a run on banks resulting in a major bank crisis, and rampant inflation Provides investment strategies, including alternative investments such as timber, farm land, and oil Offers a detailed proposal to get the United States out of the crisis Debts, Deficits, and the Demise of the American Economy is a must read, play by play account of the worldwide depression that is likely to unfold in the coming years.
    Debt Deficits and the Demise of the American Economy What investors can do to protect their investments in the next phase of the ongoing global economic collapse The United States is heading toward an unavoidable financial catastrophe that will paralyze

    One thought on “Debt, Deficits, and the Demise of the American Economy”

    1. Agree with the other reviewers it almost came off as desperate to convince the reader hyper inflation is on the horizon it was sobering to read this with a few years between it s publication, to constantly fact check not only the claim that tax breaks always cause gov budget surplus , but that all these spikes in the market would occur when they did not don t get me wrong there is valuable information in this book, but proceed with a healthy sense of skepticism If your goal is to learn about deb [...]

    2. This book was an abject failure The title makes it sound a lot important than is reality Only about 1 2 of the book the first half is devoted to the titular subject, while the second half is devoted to investment advice The premise, that deficits are bad, is something of a truism, but the policy devices and overly emotional obsession with inflation is a little off putting It came across as something of an extremist, narrow minded and overly pedantic book that simply didn t live up to my expecta [...]

    3. Too many circular references to hyperinflation, not enough how to cope with this potential macro environment From the book, inflation fighting investors should hold gold, oil funds, TIPS, and possibly agricultural land as a hedge against inflation Too much doom and gloom, but that is to be expected from a book that features burning dollars on the cover.

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