Financial Reckoning Day Fallout
Surviving Today's Global Depression
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Beschreibung
When the original edition of Financial Reckoning Day was published early in this decade, many felt that maverick financial writers William Bonner and Addison Wiggin were overly critical of the United States' increasing debt and unfair in their foreshadowing of economic catastrophe.
Fast-forward to 2009, and much of what the authors predicted has come true-high unemployment rates, record-setting foreclosures and bankruptcies, as well as the near global collapse of financial institutions once thought to be so secure.
With Financial Reckoning Day Fallout, Bonner and Wiggin return to reveal even more down-to-earth wisdom and help you chart your own financial destiny in today's precarious investing climate. Expanding upon the ideas they put forth before the current global downturn unfolded, the authors discuss what's behind it all, what's in store, and what you can do to safeguard your investments.
Written in conjunction with the tenth anniversary of the authors' popular financial newsletter-The Daily Reckoning (www.dailyreckoning.com)-this fully updated guide effectively explains that the hazards of democratic consumer capitalism and the financial follies of history are not a thing of the past, but an ongoing issue with no end in sight. Along the way, it also explores what's really going on beneath the surface and outlines the steps you need to take to survive the growing global depression. Topics touched upon throughout these pages include:
* How the current economic downturn relates to worldwide events from a historical perspective
* Why high-spending, high-borrowing consumerism "leveraged" the U.S. economy and what you might expect from the global depression ahead
* What the legacy of Fed chief Alan Greenspan "ought" to be
* Why Japan's "miracle economy" unexpectedly collapsed and what this example means for us now
Honest and accurate, Financial Reckoning Day Fallout offers you the best chance to protect your assets and grow your portfolio in these difficult financial times.
An informative look at surviving a modern market meltdown
When the first edition of Financial Reckoning Day was published more than six years ago, many critics felt that maverick financial writers Bill Bonner and Addison Wiggin were overly critical of the United States increasing debt and the start of what seemed to be foreshadowing of economic concerns. Fast-forward to 2009, and much of what the authors predicted has come true-high unemployment rates, record setting foreclosures and bankruptcies along with the near global collapse of the financial institutions once thought to be so secure.
With the Second Edition of Financial Reckoning Day, Bonner and Wiggin bring you even more down-to-earth wisdom. This timely guide reveals that the hazards of democratic consumer capitalism and the financial follies of history are not a thing of the past-but an ongoing issue with no end in sight. With this book, you'll gain a better perspective of what's really going on and discover the steps you need to take to survive the difficult times ahead.
* Bonner and Wiggin are astute observers of the global financial arena and perfectly positioned to offer you solid advice in this field
* Discusses what's behind all the financial turbulence, what's in store, and what you can do to safeguard your investments
* Other titles by Bonner: Empire of Debt, Financial Reckoning Day, and Mobs, Messiahs, and Markets
* Other titles by Wiggin: I.O.U.S.A., Demise of the Dollar, and Financial Reckoning Day
Honest and accurate, the Second Edition of Financial Reckoning Day offers you the best chance to protect your assets and grow your portfolio in these difficult financial times.
Autor*in
Addison Wiggin
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