With this book, Conrad outlines the long-term direction of our economy as driven by increasing U.S. government and trade deficits, oil prices, Social Security and Medicare obligations for baby boomers, the credit crisis, and the weakening dollar. He also examines why some of the government's actions—such as bailing out banks and curbing interest rates—fail to address more serious, long-term issues such as too much debt.
The crisis we have entered is not a typical business recession, but, instead, a major deleveraging which is the biggest shift since the Great Depression. The stagflation of the U.S. economy will present great challenges on a global scale. And since no market travels in a straight line, you need to be positioned correctly, with the right investments, to protect yourself and profit from the twists and turns you'll inevitably face in today's turbulent economic environment.
Profiting from the World's Economic Crisis deftly addresses how to gain your financial footing during these difficult times by highlighting global investment opportunities—such as gold, interest rates, currency, and commodities—that are likely to help you profit in the coming years.
The author recites the same sort of doom and gloom scenario as many others, such as Peter Schiff or James Grant or any of the Austrian school Economists. Read morePublished 6 months ago by M. Jensen
I learned a lot from this book. Well researched by a author who can explain difficult concepts. Slightly dated but many trends have proven to have come true.Published 9 months ago by green earth
Understanding this material is important to all of us and the other two related books - "Endgame" by John Mauldin and "The great Deleveraging" by Gary Shilling... Read morePublished 20 months ago by David J. Prepelka
From the title I thought I might get a few investing ideas to make a buck. NOT. As others have said, this book has much, much detailed information about the economy. Read morePublished on August 15, 2011 by Leonard G.
As another reviewer pointed out, the title of this book makes it sound exploitative rather than informative in nature. Read morePublished on July 31, 2011 by Herb Hunter
I have not finished the book but I am about 1/3 of the way through and have peeked ahead. From this I can say it is an excellent book. Read morePublished on June 24, 2011 by Senior Citizen
Great book! If you've done what this book recommends since it came out, you've probably almost doubled your money. Read morePublished on April 4, 2011 by Billy-Bob Garcia
In an earlier review of "The Great Super Cycle" by David Skarica, I remarked that that book was by far the best book that I had read on this subject and that I could hardly imagine... Read morePublished on January 20, 2011 by Marvin D. Pipher
I am a licensed portfolio manager and financial advisor in Canada.
Personally, I loved this book. Read more