Debt, Deficits, and the Demise of the American Economy - Hardcover

Tanous, Peter J.; Cox, Jeff

Hardcover

ISBN 10: 1118021517 ISBN 13: 9781118021514

Publisher: Wiley, 2011

Synopsis

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. 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.

About this title

Product Description:

Rare book

From the Back Cover:

Praise for DEBT, DEFICITS, AND THE DEMISE OF THE AMERICAN ECONOMY

"Before reading this book, I was concerned. Now I am scared. Hopefully, this admirable message will provide material to those legislators fighting for more robust, low-debt, deficit-free systems. I thank the authors for fighting for economic safety." --NASSIM Nicholas TALEB, Distinguished Professor of Risk Engineering, NYU, and author of The Black Swan

"Tanous and Cox brilliantly explain how the United States got into the financial hole. But better yet, they explain how we can get out of it. Here is the sure path to renewed prosperity if we will only follow it." --SAM DONALDSON, ABC News Correspondent

"An important business book about how we've ended up at this desperate juncture for our economy. Tanous and Cox don't merely chart the path to our demise, they construct an effective road map back to prosperity that all policymakers should heed." --Dr. ARTHUR LAFFER, Chairman, Laffer Associates

"A chilling account of what will happen if our political leaders do not take immediate steps to resolve the number-one threat to our great nation: massive federal budget deficits that are growing exponentially with no end in sight. Must reading." --WILLIAM M. ISAAC, former chairman, FDIC, and author of Senseless Panic: How Washington Failed America

"Debt, Deficits and the Demise of the American Economy is a sobering and frightful account of the nation's financial challenges that should be read and understood by all Americans, whether they agree with the authors' conclusions or not." --Steve Liesman, Senior Economics Reporter, CNBC

About this edition

• Publisher: Wiley
• Publication date: 2011
• ISBN 10: 1118021517
• ISBN 13: 9781118021514
• Binding: Hardcover
• Edition number: 1
• Number of pages: 224