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America's Financial Apocalypse: How to Profit from the Next Great Depression (Condensed Edition)
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Top Customer Reviews
I found AFA to be an exponentially better read than Crashproof. My main complaint with AFA is it did not offer more specific investment advice for regular-Joe investors. I look forward to updated editions addressing this.
As mentioned in other reviews there are many typos and punctuation flaws in the book that the publisher should have weeded out.
Where are the solutions to the issues? left me hanging
Needs better annotation
WHY so high a price?
The best analysis of how the Dollar is tied to OIL
Unique treatment of Social security, PEAK OIL, Health care
THE two depressive eras was thoughtful
Overall more of an academic read than Crashproof, but the premise of the book is the same...get ready for the BIG ONE.
He understands that a depression involves a long period of socioeconomic decay and backs this up with societal, educational and other factors in addition to the pure financial waste and mismanagement that has plagued America for many years.
He makes some very bold predictions, many of which have already surfaced, such as the collapse of Fannie Mae and Freddie Mac, very high inflation, record prices for oil and gold, problems with the dollar, etc. He also predicts a decline in real estate prices of 30% from the peak (it is already over 23%). He makes too many credible predictions to list here and backs them all up.
His investment guidance is excellent (the previous reviewer obviously did not read the last 2 chapters). He advises to keep cash, buy gold, oil, healthcare and invest in China. The really great thing about this book is that he creates a general investment strategy for different types of investors. And he makes predictions about the stock market which have already come true.
In conclusion, this book is priceless. It will be valuable for a long time since he covers what happens to America after the real estate and banking problem. It is remarkable that the book was first written in 2006. I hope he writes a new one for 2009.
For now, I am reading his updates online. They're the most insightful I have come across. You should check them out
Although lack of depth, this book is informative and packed with charts and tables, which makes this title a valuable introductory course for anyone with no prior knowledge about American financial problems.
Most Recent Customer Reviews
I wish I had know about this book when it was released. Lucid and accurate is all I can say.Published 21 months ago by Catherine Denvers
The only thing I would criticize is a better indept explanation on how to analyze and pick good investments then it would be a 5 star book.Published on June 11, 2013 by L.P.
doesn't say what to do or what to buy, what it does say to buy another book and to buy one financial group assets. sighPublished on January 13, 2013 by rathernot
This book really delivers. I read them all from Peter Schiff's to Dr. Leib's books and this one is the best of them all. Read morePublished on November 6, 2009 by Nisrine E. Febres
I was disappointed in this book. Within the chapter entitled Financial Mismanagement, the author described the ever increasing national debt as being a result of deficit spending,... Read morePublished on March 20, 2009 by M. Staggs
What's interesting is that this book was first written in 2006. For me it's either more books by this author or grandma's advice. Read morePublished on September 30, 2008 by superwoman does not exist