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

by Robert Wiedemer (Author), Cindy Spitzer (Author)Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown (2009 Hardcover) Hardcover – November 9, 2008

See all 5 formats and editions Hide other formats and editions
Amazon Price New from Used from
Hardcover, November 9, 2008
$3.06 $3.06
Unknown Binding
"Please retry"


Kindle Business Book Daily Deal
Today only, Joseph Michelli's "The Zappos Experience" is on sale for only $1.99. Shop now

Product Details

  • Hardcover
  • Publisher: Wiley; 2 edition (November 9, 2008)
  • ASIN: B0036EB3JE
  • Average Customer Review: 3.8 out of 5 stars  See all reviews (174 customer reviews)
  • Amazon Best Sellers Rank: #784,643 in Books (See Top 100 in Books)

More About the Author

DAVID WIEDEMER, PhD, is a world leader in macroevolutionary economic analysis. His work in information dynamics, technological evolution, and economic history form the basis for the predictions in Aftershock. Dr. Wiedemer is the Chief Economist for Absolute Investment Management. He holds a doctorate in economics from the University of Wisconsin-Madison.

Customer Reviews

The book is very well laid out, extremely insightful and very easy to read.
Bradley Rosenberg
They are among the very few economists who, in 2006, in the "America's Bubble Economy", predicted the economic chaos that we are now in.
Brian Z
Disclaimer: I not affiliated with any of these books or authors; I just know a poorly written book when I read one.
Inquiring Reader

Most Helpful Customer Reviews

198 of 203 people found the following review helpful By B. Campbell on June 29, 2010
Format: Hardcover Verified Purchase
I do a LOT of reading on finance and geopolitics, and as such appreciate it when an author gets right down to business, lays out the facts and/or history behind their argument and then makes their own arguments based on their understanding of what they just presented. Two excellent examples of this type of book are The Ascent of Money by Niall Ferguson and This Time Its Different by Carmen M. Reinhart and Kenneth Rogoff.

This book was recommended to me by a friend who is pretty financially savvy, and as such I had high hopes. Unfortunately, about 7/10ths of this book is spent by the authors trying to convince you a) they have been right in the past, and therefore you should listen to them now, b) other authors have gotten it wrong for (insert reason here), and c) alll the *really* useful information, is available on our (paid) website. In other words, it's like reading an infomercial, where they occasionally throw you a useful tidbit to keep you interested.

With this in mind, here are the are five basic concepts from the book that seem worth noting, most of which are covered in the last three chapters:

1. In modern societies, advancements tend to follow a "STEP" trajectory (Science -> Technology -> Economics -> Politics), which is a useful framework to keep in mind when you are thinking about where a given technology is in terms of both political systems and investment cycles.

2. Several governments around the world are on a trajectory with their debt that will result in widescale sovereign debt defaults, currency crises, significantly higher taxes and drastically lower government spending.
Read more ›
2 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
566 of 604 people found the following review helpful By Charles Martin on May 1, 2010
Format: Hardcover Verified Purchase
The book starts with the premise that there are six major "bubbles" that will combine to create great stress in the economy. OK, I'll buy that, but what I was looking for was helpful investing tactics to get through the bubble bursts ok. Written in mid 2009, the book failed miserably in providing tactical investment advice. For example:
o They suggest shorting the market with inverse ETFs. That strategy would have been a disaster in the year after March 2009 when the stock market soared.
o They write that the Euro community will be much more solid than the US dollar in the near term. Now we see the Euro in collapse with the US dollar doing fine.

Also, I find it extremely annoying that the authors constantly point to their previous book and say "We got those predictions right, so you should look carefully at what we have to say now." Such hubris usually leads to unfulfilled predictions.

Particularly with this constant pointing to their previous clairvoyance, I was really disappointed that there was nothing in this book (other than "buy gold"--surely not a new idea) that I found helpful in my investing tactics. I was disappointed in myself for wasting time reading most of the book.
26 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
148 of 154 people found the following review helpful By Scott Rose on May 9, 2011
Format: Kindle Edition Verified Purchase
Let me save you the $13 that I wasted on this fraudulent and deceptive book:
This book is a scam.
It only serves two purposes:
1. To purchase more investment products from the authors on their website. They interrupt the book every 2 chapters to insert a half-page ad for their investment services.
2. To convince you to buy gold through the highly dishonorable and fraudulent sources that they recommend, probably because they get a kickback for referring you. For example, their book refers you to a page on their website that highly recommends buying gold through a gold depository company called Monex in Newport Beach (California), yet this company has stolen millions of dollars from its customers, is rated D- by the Better Business Bureau, and is the subject of countless lawsuits!! Go ahead and do a Google search yourself for "Monex Fraud" and you will see that I am telling the truth. They also have similar recommendations about deceptive gold ETFs who are the subject of fraudulent investigations, and they even lie themselves in the book by saying that if you invest in an ETF, you can request the gold to be shipped to you. This is not true... ETFs never have and never will ship gold directly to the public. Why in the world would these authors be pushing people towards all these fraudulent companies??
There are many other problems in this book as well, including links to third-party web pages that have never existed, and questionable "facts" about past events. These authors love to twist past events into tales that nicely fit their book's premise.
Be very careful about believing anything that is said in this book... This book may lead you down the path the financial destruction sooner than they predict, and it will all be because of them trying to make a quick buck for themselves.
I am going to contact amazon.com to see if I can get a refund on this shameful book.
Comment 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
504 of 555 people found the following review helpful By James R. Holland VINE VOICE on December 13, 2009
Format: Hardcover
"That's right. The bank and corporate bailout money is not coming from our taxes. Instead we're just borrowing it from foreign investors. We're also printing some of it...Of course, we will never, ever have to pay it all back, because even if we tried (and we won't), we never could." That is why the U.S. Government will eventually be unable to borrow money and the nation will have to start living within it's means. That will be the beginning of the brave new world of life in America. This book is how we are speeding toward this "Bubblequake" and its "Aftershock." Although somewhat depressing (like all bad news is), this book also tells people what they can do to survive this worldwide depression and how to actually be able to make money during the painful readjustment of the world's economies. While this is a scary book because of what is happening all around us, it is also a hopeful book. The nation will survive after the country stops ignoring the basic laws of economics. The three authors are optimistic (maybe overly so) that the American people will be able to make the adjustments needed to achieve economic survival without having to become survivalists who have to grow their own food and defend their homes from roving mobs with guns. They feel that even dictators will be unable rise from the chaos because Americans will be changing its government officials as soon as it's obvious their policies don't work. There will be frequent changes in elected officials.
The nation will survive because basically the country is wealthy and will still be so after the economic bubbles have all popped and forced everyone and their government to live within their means.
Read more ›
11 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

Customer Images