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Crash Proof: How to Profit From the Coming Economic Collapse (Lynn Sonberg Books)
by Peter D. Schiff, John Downes
from Wiley
Customer Reviews:
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Avg. Customer Rating: 4.5 / 5.0 
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Excellent Investment Advice 
Peter Schiff's amazing prescient books explains in simple terms the inner workings of the US economy and the problems inherent there in.
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Crash Proof Your Portfolio
The author decries the devaluing of the dollar,
inflation and the looming trade deficits.
The book indicates that the USA is too dependent
upon foreign lending. Foreigners hold too many
Treasuries. Americans save too little and consume
too much in comparison to the rest of the world.
Our dependence upon foreign manufacturing contributes
to the trade deficit. The book shows how less
regulation, tax relief and more economic development
can turn things... more info
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simply great
I have read many books on the current crisis by very famous people like Soros, Wiggins etc., they all go into convoluted discussions which are, in my opinion, non-sensical. This book calls a spade a spade. One can quibble with the definition of inflation and deflation. Maybe it is too aggressive in accusing the government of deception, bu I don't think so. But the facts are facts. It is written very well. A must read.
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Simple language for a simple problem
Peter Schiff has a gift for making obvious that which eludes most of us, and putting it into simple language. For example, he points out our nation's debt to others, called a capital account surplus, is really a debt surplus, and this is financed by borrowing money from abroad. The government pretends to measure productivity with GDP, but GDP just measures debt-based consumption and inflation. Despite the Fed rhetoric, deflation is not bad at all: rising prices are normal in a healthy economy, as... more info
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