Bring on the Crash

Bring on the Crash PDF Author: Richard Stooker
Publisher: CreateSpace
ISBN:
Category : Business & Economics
Languages : en
Pages : 163

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Book Description

NOTE: This book is all-original and all-unique content.

The U.S. dollar is on the verge of catastrophe.

For the first time in history, the debt of the most powerful government on Earth, leading the world’s largest economy, has been downgraded by Standard & Poor’s to Double AA from a perfect Triple AAA.

The political grandstanding of the Republicans and Democrats over the debt ceiling made many Americans and others around the world doubt our leadership. And many feel the final deal between doesn’t go far enough to reduce US government spending.

US government debt now equals the country's Gross Domestic Product (GDP). That's like you or I owing an entire year of our incomes to Mastercard and Visa.

The 2007-2009 financial crisis appears to have been the first step toward a deflationary depression that could destroy the savings of three generations of Americans. We’ve technically been “recovering” since March 2009, but despite all government and Fed actions to stimulate the US economy, unemployment stubbornly remains over 9%.

That is, unless the government’s massive cash creation unleashes a wave of hyperinflation.

The US dollar has recently hit new record lows against the Japanese yen and Swiss franc, despite massive interventions by the central banks of those two countries.

China has divested itself of 97% of its holdings of short-term US Treasury bills. That happened by March 2011, well before the current downgrade.

China still owns many billions of US dollars of long-term Treasury bonds and is clearly worried about the future. They are making a big show of supporting Europe’s economy, so they have an alternative to the US dollar. What is wrong with us when the biggest Communistic country on Earth has to lecture us on how to manage our currency?

How much longer will China, Japan and international bankers continue to buy U.S. Treasury bonds to finance our swelling budget?

If these countries began selling US dollars instead of buying, the hyperinflation would bankrupt America

We – and Europeans – are also threatened by the debt problems of Europe. Greece nearly went up in flames over austerity measures forced on that country. Italy, Spain, Portugal and Ireland are also in bad shape. How long will France and German taxpayers continue to support them? If the euro breaks up, that will create more financial instability for the entire world.

Gold recently hit a record high of $1,813 per ounce.

I can't tell you exactly what is going to happen in the treacherous foreign exchange and financial markets in the future. Maybe another recession - the double dip some have been predicting since April 2009. Maybe deflation leading to a horrific depression. Maybe hyperinflation. Maybe a total collapse of the world's financial markets and infrastructure.

All I know for sure -- and every day's headlines confirm this -- is that the future for the US dollar, euro and other fiat currencies looks dark and ugly.

Bring on the Crash! offers a 3 part process to protect yourself and your family from these dangers.

Whether you have $2,000 or $2 million, this volume contains the resources you need to make sure you weather the coming storm.

This 3 step process is a comprehensive plan to survive almost all financial emergencies the US dollar is now facing.

And if we never fall through the thin economic ice the United States is now skating on, you'll still benefit from diversifying your retirement portfolio.


Bring on the Crash

Bring on the Crash PDF Author: Richard Stooker
Publisher: CreateSpace
ISBN:
Category : Business & Economics
Languages : en
Pages : 163

Get Book

Book Description

NOTE: This book is all-original and all-unique content.

The U.S. dollar is on the verge of catastrophe.

For the first time in history, the debt of the most powerful government on Earth, leading the world’s largest economy, has been downgraded by Standard & Poor’s to Double AA from a perfect Triple AAA.

The political grandstanding of the Republicans and Democrats over the debt ceiling made many Americans and others around the world doubt our leadership. And many feel the final deal between doesn’t go far enough to reduce US government spending.

US government debt now equals the country's Gross Domestic Product (GDP). That's like you or I owing an entire year of our incomes to Mastercard and Visa.

The 2007-2009 financial crisis appears to have been the first step toward a deflationary depression that could destroy the savings of three generations of Americans. We’ve technically been “recovering” since March 2009, but despite all government and Fed actions to stimulate the US economy, unemployment stubbornly remains over 9%.

That is, unless the government’s massive cash creation unleashes a wave of hyperinflation.

The US dollar has recently hit new record lows against the Japanese yen and Swiss franc, despite massive interventions by the central banks of those two countries.

China has divested itself of 97% of its holdings of short-term US Treasury bills. That happened by March 2011, well before the current downgrade.

China still owns many billions of US dollars of long-term Treasury bonds and is clearly worried about the future. They are making a big show of supporting Europe’s economy, so they have an alternative to the US dollar. What is wrong with us when the biggest Communistic country on Earth has to lecture us on how to manage our currency?

How much longer will China, Japan and international bankers continue to buy U.S. Treasury bonds to finance our swelling budget?

If these countries began selling US dollars instead of buying, the hyperinflation would bankrupt America

We – and Europeans – are also threatened by the debt problems of Europe. Greece nearly went up in flames over austerity measures forced on that country. Italy, Spain, Portugal and Ireland are also in bad shape. How long will France and German taxpayers continue to support them? If the euro breaks up, that will create more financial instability for the entire world.

Gold recently hit a record high of $1,813 per ounce.

I can't tell you exactly what is going to happen in the treacherous foreign exchange and financial markets in the future. Maybe another recession - the double dip some have been predicting since April 2009. Maybe deflation leading to a horrific depression. Maybe hyperinflation. Maybe a total collapse of the world's financial markets and infrastructure.

All I know for sure -- and every day's headlines confirm this -- is that the future for the US dollar, euro and other fiat currencies looks dark and ugly.

Bring on the Crash! offers a 3 part process to protect yourself and your family from these dangers.

Whether you have $2,000 or $2 million, this volume contains the resources you need to make sure you weather the coming storm.

This 3 step process is a comprehensive plan to survive almost all financial emergencies the US dollar is now facing.

And if we never fall through the thin economic ice the United States is now skating on, you'll still benefit from diversifying your retirement portfolio.



The Great Crash, 1929

The Great Crash, 1929 PDF Author: John Kenneth Galbraith
Publisher:
ISBN:
Category : Depressions
Languages : en
Pages : 248

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Book Description
John Kenneth Galbraith's classic study of the Wall Street Crash of 1929.

How an Economy Grows and Why It Crashes

How an Economy Grows and Why It Crashes PDF Author: Peter D. Schiff
Publisher: John Wiley & Sons
ISBN: 111877020X
Category : Business & Economics
Languages : en
Pages : 415

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Book Description
Straight answers to every question you've ever had about how the economy works and how it affects your life In this Collector's Edition of their celebrated How an Economy Grows and Why It Crashes, Peter Schiff, economic expert and bestselling author of Crash Proof and The Real Crash, once again teams up with his brother Andrew to spin a lively economic fable that untangles many of the fallacies preventing people from really understanding what drives an economy. The 2010 original has been described as a “Flintstones” take economics that entertainingly explains the beauty of free markets. The new edition has been greatly expanded in both quantity and quality. A new introduction and two new illustrated chapters bring the story up to date, and most importantly, the book makes the jump from black and white to full and vivid color. With the help of colorful cartoon illustrations, lively humor, and deceptively simple storytelling, the Schiff's bring the complex subjects of inflation, monetary policy, recession, and other important topics in economics down to Earth. The story starts with three guys on an island who barely survive by fishing barehanded. Then one enterprising islander invents a net, catches more fish, and changes the island’s economy fundamentally. Using this story the Schiffs apply their signature take-no-prisoners logic to expose the glaring fallacies and gaping holes permeating the global economic conversation. The Collector’s Edition: Provides straight answers about how economies work, without relying on nonsensical jargon and mind-numbing doublespeak the experts use to cover up their confusion Includes a new introduction that sets the stage for developing a deeper, more practical understanding of inflation and the abuses of the monetary system Adds two new chapters that dissect the Federal Reserve’s Quantitative easing policies and the European Debt Crisis. Colorizes the original book's hundreds of cartoon illustrations. The improved images, executed by artist Brendan Leach from the original book, add new vigor to the presentation Has a larger format that has been designed to fit most coffee tables. While the story may appear simple on the surface, as told by the Schiff brothers, it will leave you with a deep understanding of How an Economy Grows and Why It Crashes.

Crashed

Crashed PDF Author: Adam Tooze
Publisher: Penguin
ISBN: 0525558802
Category : Business & Economics
Languages : en
Pages : 720

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Book Description
WINNER OF THE LIONEL GELBER PRIZE A NEW YORK TIMES NOTABLE BOOK OF 2018 ONE OF THE ECONOMIST'S BOOKS OF THE YEAR A NEW YORK TIMES CRITICS' TOP BOOK "An intelligent explanation of the mechanisms that produced the crisis and the response to it...One of the great strengths of Tooze's book is to demonstrate the deeply intertwined nature of the European and American financial systems."--The New York Times Book Review From the prizewinning economic historian and author of Shutdown and The Deluge, an eye-opening reinterpretation of the 2008 economic crisis (and its ten-year aftermath) as a global event that directly led to the shockwaves being felt around the world today. We live in a world where dramatic shifts in the domestic and global economy command the headlines, from rollbacks in US banking regulations to tariffs that may ignite international trade wars. But current events have deep roots, and the key to navigating today’s roiling policies lies in the events that started it all—the 2008 economic crisis and its aftermath. Despite initial attempts to downplay the crisis as a local incident, what happened on Wall Street beginning in 2008 was, in fact, a dramatic caesura of global significance that spiraled around the world, from the financial markets of the UK and Europe to the factories and dockyards of Asia, the Middle East, and Latin America, forcing a rearrangement of global governance. With a historian’s eye for detail, connection, and consequence, Adam Tooze brings the story right up to today’s negotiations, actions, and threats—a much-needed perspective on a global catastrophe and its long-term consequences.

The Crash Course

The Crash Course PDF Author: Chris Martenson
Publisher: John Wiley & Sons
ISBN: 1118013123
Category : Business & Economics
Languages : en
Pages : 336

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Book Description
The next twenty years will be completely unlike the last twenty years. The world is in economic crisis, and there are no easy fixes to our predicament. Unsustainable trends in the economy, energy, and the environment have finally caught up with us and are converging on a very narrow window of time—the "Twenty-Teens." The Crash Course presents our predicament and illuminates the path ahead, so you can face the coming disruptions and thrive--without fearing the future or retreating into denial. In this book you will find solid facts and grounded reasoning presented in a calm, positive, non-partisan manner. Our money system places impossible demands upon a finite world. Exponentially rising levels of debt, based on assumptions of future economic growth to fund repayment, will shudder to a halt and then reverse. Unfortunately, our financial system does not operate in reverse. The consequences of massive deleveraging will be severe. Oil is essential for economic growth. The reality of dwindling oil supplies is now internationally recognized, yet virtually no developed nations have a Plan B. The economic risks to individuals, companies, and countries are varied and enormous. Best-case, living standards will drop steadily worldwide. Worst-case, systemic financial crises will toss the world into jarring chaos. This book is written for those who are motivated to learn about the root causes of our predicaments, protect themselves and their families, mitigate risks as much as possible, and control what effects they can. With challenge comes opportunity, and The Crash Course offers a positive vision for how to reshape our lives to be more balanced, resilient, and sustainable.

Understanding the Crash

Understanding the Crash PDF Author: Seth Tobocman
Publisher: Catapult
ISBN: 1593763700
Category : Business & Economics
Languages : en
Pages : 152

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Book Description
Understanding the Crash starts with a simple question that still haunts us all: What has happened to the world economy? With the kind of striking precision that only graphic nonfiction can provide, Seth Tobocman and Eric Laursen explain just how we got into this mess — and how we can get out of it. Looking back across more than a quarter century, the authors outline the roots of our current economic crisis. They show how the troubles of a working-class community in Cleveland or a newly built suburb of Miami became an international financial crisis, explaining the complex new forms of credit that came into being because of financial deregulation, and how they created an economic whirlpool. From there they discuss how, over the same time span, a smaller and smaller group of people came to control a larger and larger percentage of the world’s money — a result of rising inequality that, combined with the shortage of affordable housing, a decline in real wages, and our unwavering belief in an “ownership society,” impelled poor people into debt. Tobocman and Laursen conclude with a consideration of a restructured financial system and a look toward a culture of sustainability — one that covets real wealth in the form of security, meaningful work, and community.

Car Crash

Car Crash PDF Author: Lech Blaine
Publisher: Greystone Books Ltd
ISBN: 1771648651
Category : Biography & Autobiography
Languages : en
Pages : 235

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Book Description
In the aftermath of a traumatic event, a young man navigates small-town gossip, grief and recovery amidst a culture of toxic masculinity. “A heart-soaring act of literary bravery,” Car Crash is a hopeful, raw coming-of-age story for our times (Trent Dalton). “Bruisingly insightful.”—The Guardian • “Delivers from the first arresting page.”—Inside Story • “Moving, lyrical, warmly told and very funny.”—Brooke Davis, author of Lost & Found • “Shines with a fierce intelligence.”—Kristina Olsson, author of Shell Why did he get to live, and not them? This question has plagued Lech Blaine ever since he was a teenager, when he got into a car that never arrived at its destination. Of his crew of friends who were in the car, Blaine was the only passenger who made it out unscathed. In the aftermath of the accident that sent shockwaves through his small town, Blain was thrust into the local spotlight, fielding questions from journalists, police, and feeling pressure to perform his grief in public and on social media. In a community where men were expected to be strong and silent, Blaine felt that he had no one to turn to with his complicated emotions. In Car Crash, Blaine offers an intimate, brave account of what it’s like to survive a tragedy that others didn’t––and a moving portrait of a young person struggling to define his own masculinity. Blaine was raised to believe that being masculine meant projecting toughness, stoicism, and dominance, and this belief leads him to alcohol and disordered eating to cope with his pain. But as Blaine finally learns to open up with family, friends, and a therapist, he comes to realize the meaning of true strength, and the power of vulnerability to bring hope and healing. “Some books just have to be written. And some books just have to be read.”—Trent Dalton, author of Boy Swallows Universe

Conquer the Crash

Conquer the Crash PDF Author: Robert R. Prechter, Jr.
Publisher: John Wiley & Sons
ISBN: 0470606703
Category : Business & Economics
Languages : en
Pages : 481

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Book Description
Today's financial and economic tribulations were a long time in the making. Many people ask, "Why didn't someone see it coming?" A New York Times bestselling book did see it coming. Over 100,000 people read it in time to protect their wealth. The book foresaw and explained the collapse in home prices, plunge in stocks, subprime debacle, liquidity crisis, the demise of Fannie and Freddie, the Federal Reserve's failure to turn the trend, and lots more. The book was Robert Prechter?s Conquer the Crash, published in early 2002, when the Dow was above 10,000 and the financial world was partying around-the-clock. Fast forward to today: the average U.S. homeowner has suffered a decline of 30% to 40% in property value. Stocks and commodities had their biggest fall since 1929-1932. Fannie Mae is a zombie corporation under the government?s protection. The Fed has pushed every button at its disposal (and then some), to no avail. If Prechter thought a whole new book would help, he'd have written one. But Conquer the Crash is a book-length forecast that's still coming true -- only some of the future has caught up with the specific predictions he published back then. There is much more to come. That means more danger, but also great opportunity. Conquer the Crash, 2nd edition offers you 188 new pages of vital information (480 pages total) plus all the original forecasts and recommendations that make the book more compelling and relevant than the day it published. In every disaster, only a very few people prepare themselves beforehand. Think about investor enthusiasm in 2005-2008, and you'll realize it's true. Even fewer people will be ready for the soon-approaching, next leg down of the unfolding depression. In this 2nd edition, Prechter gives a warning he's never had to include in 30 years of publishing -- namely, that the doors to financial safety are closing all over the world. In other words, prudent people need to act while they can. Conquer the Crash, 2nd Edition readers will receive exclusive online access to the Conquer the Crash Readers Page, where Prechter continually updates the book's recommended services and institutions.

Rainbow's End

Rainbow's End PDF Author: Maury Klein
Publisher: Oxford University Press
ISBN: 9780198030904
Category : History
Languages : en
Pages : 372

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Book Description
Rainbow's End tells the story of the stock market collapse in a colorful, swift-moving narrative that blends a vivid portrait of the 1920s with an intensely gripping account of Wall Street's greatest catastrophe. The book offers a vibrant picture of a world full of plungers, powerful bankers, corporate titans, millionaire brokers, and buoyantly optimistic stock market bulls. We meet Sunshine Charley Mitchell, head of the National City Bank, powerful financiers Jack Morgan and Jacob Schiff, Wall Street manipulators such as the legendary Jesse Livermore, and the lavish-living Billy Durant, founder of General Motors. As Klein follows the careers of these men, he shows us how the financial house of cards gradually grew taller, as the irrational exuberance of an earlier age gripped America and convinced us that the market would continue to rise forever. Then, in October 1929, came a "perfect storm"-like convergence of factors that shook Wall Street to its foundations. We relive Black Thursday, when police lined Wall Street, brokers grew hysterical, customers "bellowed like lunatics," and the ticker tape fell hours behind. This compelling history of the Crash--the first to follow the market closely for the two years leading up to the disaster--illuminates a major turning point in our history.

Addresses Upon the American Road, 1933-1938

Addresses Upon the American Road, 1933-1938 PDF Author: Herbert Hoover
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 0

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Book Description