Buy Used
$3.98
FREE Shipping on orders over $35.
Condition: Used: Good
Comment: This book has already been loved by someone else. It MIGHT have some wear and tear on the edges, have some markings in it, or be an ex-library book. Over-all itâ?TMs still a good book at a great price! (if it is supposed to contain a CD or access code, that may be missing)
Access codes and supplements are not guaranteed with used items.
Have one to sell? Sell on Amazon
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See this image

Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown Hardcover – Illustrated, August 2, 2011

ISBN-13: 978-0470918142 ISBN-10: 0470918144 Edition: 2nd Revised and Updated

Used
Price: $3.98
224 New from $0.04 696 Used from $0.01 2 Collectible from $5.00
Amazon Price New from Used from
Kindle
"Please retry"
Hardcover, Illustrated
"Please retry"
$0.04 $0.01

There is a newer edition of this item:

Free Two-Day Shipping for College Students with Amazon Student Free%20Two-Day%20Shipping%20for%20College%20Students%20with%20Amazon%20Student

NO_CONTENT_IN_FEATURE

Hero Quick Promo
12 Days of Kindle Book Deals
Load your library with Amazon's editors' picks, $2.99 or less each today only. Learn more

Product Details

  • Hardcover: 320 pages
  • Publisher: Wiley; 2nd Revised and Updated edition (August 2, 2011)
  • Language: English
  • ISBN-10: 0470918144
  • ISBN-13: 978-0470918142
  • Product Dimensions: 6.3 x 1.1 x 9.3 inches
  • Shipping Weight: 1.2 pounds
  • Average Customer Review: 3.8 out of 5 stars  See all reviews (411 customer reviews)
  • Amazon Best Sellers Rank: #149,064 in Books (See Top 100 in Books)

Editorial Reviews

From the Inside Flap

From the authors who accurately predicted the domino fall of the conjoined real estate, stock, and private debt bubbles that led to the financial crisis of 2008 and 2009, now comes the definitive look at what is still ahead in 2012 and beyond—and what investors can do right now to protect themselves.

Based on the authors' unmatched track record of precise predictions in the two landmark books America's Bubble Economy and Aftershock, this Second Edition of Aftershock updates the original book by more than 35 percent with fresh analysis of the latest economic developments, plus offers new in-depth advice for how readers can prepare now for protection and profits in the next global money meltdown.

The second edition of Aftershock shows readers:

  • Why the latest actions by the U.S. Federal Reserve will eventually damage the dollar and hurt investors worldwide

  • How future rising inflation and interest rates will harm your specific investments, and what to do about it

  • The future fall of China's bubble economy, as well as current and future problems with European debt

  • Detailed investment advice about real estate, retirement, annuities, life insurance, and much more

  • What's next for stocks, bonds, currencies, commodities, and other assets

  • How to buy and own gold and silver before, during, and after the coming Aftershock

From the Back Cover

Recovery? What Recovery?

Did you lose money in the stock market in the last financial crisis of late 2008?Has your home lost value? Are you "underwater" in your mortgage or concerned about selling?
Do your dollars buy less than they used to at the grocery store and the gas pump?
Have you lost your job or know someone who did?
Are you worried about the safety of your money and investments?

Don't Get Fooled Again!

While the "experts" want us to believe that all is well (or will be soon), nothing could be further from the truth. The worldwide financial crisis of 2008 and 2009 was just a sneak preview of what is to come. For those who act quickly and correctly, there is still time to protect yourself, your family, and your business in the next global money meltdown. Updated and fully revised, this Second Edition of the Wall Street Journal business bestseller Aftershock can help you:

  • Protect and grow your assets before, during, and after the next global financial crisis

  • Spot and cash in on the best new investment opportunities

  • Know which jobs, careers, and business sectors will fare the best

  • Profit rather than lose when asset bubbles collapse around the world

From the reviews of the critically acclaimed First Edition:

"Their scenario is dark, and their strategies bold and unconventional. But after being on target the last time they went against the grain, the Wiedemers merit being heard out."
The Associated Press

"Surrounded as we are by growing talk of recovery and news about 'green shoots,' it's still refreshing to consider the different perspective that Wiedemer, Wiedemer, and Spitzer offer here."
Robert J. Hughes, SmartMoney

"Aftershock makes a compelling argument for a chilling conclusion. Their track record demands our attention."
Sam Stovall, Chief Investment Strategist, Standard & Poor's

"The fragility of today's economy demands that we, as investors, allocate our assets with more prudence and focus than ever before. The authors' prescience in their first book lends credence to their new warnings. This book deserves our attention."
Robert Friedman, former CFO, Goldman Sachs

"Their first book, America's Bubble Economy, was one of those rare finds that not only predicted the subprime credit meltdown well in advance, it offered Main Street investors a winning strategy. Now they've done it again."
Paul B. Farrell, JD, PhD, Senior Columnist, Dow Jones/MarketWatch


More About the Authors

Discover books, learn about writers, read author blogs, and more.

Related Media


Customer Reviews

This is an eye opening book to read.
Papa Bear
This book has a lot of verbage, repeats the same thing often, and lacks the graphical data and at least some basic statistical analysis I would like to see.
M. Hilton
By reading this book you will have a better understanding what direction to go to hold on to some of your money and make it through the aftershock.
dog

Most Helpful Customer Reviews

1,461 of 1,553 people found the following review helpful By Amazon Customer on August 23, 2011
Format: Kindle Edition Verified Purchase
If you would like to visit the author's website, hire them to financially advise you, or simply buy their friend's books, then you'll have plenty of opportunities during this read. Shameless plugs and weblinks are littered throughout so many of these pages you'll probably catch yourself laughing in spite of it all.

And seriously, I have never encountered a more pretentious self-congratulatory pat-themselves-on-the-back-and-then-do-it-again group of authors in my life. Ever. It's tolerable at first, annoying next, unbelievable, and finally comical. Is it entertaining? Oh ok, you'll finally be entertained by their level of arrogance... but probably because you suspect these guys (and gal) don't even realize it.

Their message is simple and never approaches the more erudite levels of their contemporaries. They even complain about their failure at publishing in peer reviewed journals at one point. More sour grapes appear when they devote a huge section of the book (probably about 35%) to attacking practically every economist in the known world. At least they explicitly reveal to the reader exactly where each economist makes their mistake and how they should proceed down the path of redemption. Hell, they even take on the entire SCIENCE of economics at one point.

It's a fun read though and I enjoyed it. It's a serious topic and these guys are probably pretty damn close to predicting what will happen in the next few years despite their sophomoric approach. Go ahead and buy it if you are interested, but in case the Aftershock has already left you penniless, here's the summary:

The U.S. will hit their credit limit when foreign entities quit buying our T-bills. The Fed will continue to buy bonds to manipulate the market, massive inflation will occur, so you better have stocked up on gold because nothing else will protect you.
94 Comments Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
305 of 321 people found the following review helpful By J. M. Lowe on October 30, 2011
Format: Hardcover Verified Purchase
Highly summarized version: "Unload your debt, sell your stocks, sell all your real estate, buy all the gold you can afford, and hire us to give you this advice but using more and longer words--oh, and economists are stupid (except for us)."

The early chapters in this book explain why the authors believe that the global economic failure that was made visible through the failure of Bear Sterns and Lehman Brothers, and led to a material collapse of the U.S. housing market, is fundamentally different than a cyclical expansion/contraction phase. And we see the word "bubble" so many times that we yearn for a more comprehensive thesaurus that might have provided the authors with different word choices.

Later chapters make the case that the worst is yet to come, with the most significant risk to the U.S. being the astonishing accelerated accumulation of U.S. federal debt, reaching the point that we'll never pay it off. Yes, the U.S. government is headed for default. That will create a level of inflation high enough to decimate the value of most of our investments, sending that value to to "Money Heaven", in their words. They advise getting out of stocks, selling our real estate (because they believe we're nowhere near the bottom of the housing slump), unloading any high-interest debt we have (up to and including defaulting), and staying away from any long-term commitments.

Given this future state, the authors explain why they believe gold is clearly the investment vehicle of choice and they anticipate a future price of gold so high that they don't actually state it in the book for fear of losing credibility. They suggest that those of us with any substantive asset base should at least subscribe to their newsletter (free for a two-month trial basis!
Read more ›
12 Comments Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
421 of 453 people found the following review helpful By G. H. Goodwin on September 8, 2011
Format: Hardcover Verified Purchase
After reading this book I can't decide if it was written as an educational piece or for self-promotion and aggrandizement. Granted the economic theory and facts are correct but about a third of the way through I was tired of the continued "patting ourselves on the back" by the authors. I was even more disenchanted with the authors when I found that they are promoting a free and "secret filled" final chapter that is only available if you order directly from their website. In my eyes this gives them major credibility issues. I would also argue that this books theories and facts could have been plainly stated in about a hundred pages which, without the emotional hysteria, would would provide us with a better basis for discussion.
10 Comments Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
407 of 439 people found the following review helpful By fuggy on July 12, 2012
Format: Hardcover
OK. I sell my house because real estate values will fall. My house is in a sought-after neighborhood and it is tough to find one that has been maintained well. I go rent a house for $1,800 a month, it is not as nice as the one I sold. After 300% inflation my landlord wants $6,000 a month. My employer has not increased my salary 300% and even if he did I would be paying so many taxes I still could not pay the new rent.
Let's see, I could buy a house! But interest rates are 100% per year and the $100,000 I got in my pocket out of selling my house has disappeared paying for rent and food and utilities that are 300% higher.
Get my drift? If you have a nice home at a low interest rate do not sell it. Plant a big garden, get chickens, prepare for relatives to move in. See if you can make the home energy efficient. Make your next car a gas sipper.
35 Comments Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again