Top critical review
748 people found this helpful
on May 25, 2012
This book may be useful to someone who has not read Schiff's other books, or who does not listen to his TV appearances or his own radio show. However, I was immensely disappointed to find out that this book is not very helpful in any practical sense.
The reason for that is that there is a single chapter (out of 28!) where he discusses how to protect your wealth from this new crash, and even that is pretty generic.
Mostly the book is his political beliefs in why we need restructuring of our money and system. I agree with most of that. However, I have read the majority of this before in not just one, but THREE other Schiff books! It's a rehash for cash, apparently, timed to take advantage of the economy and markets souring this summer.
Anyone who listens to his web radio program has already heard virtually all of this. But the title and subtitle are very misleading. It is not mostly about the crash, and it is virtually not at all about "how to save yourself", other than the suggestion perhaps to vote for Ron Paul or others like him.
Peter has already won many over. For the vast majority of readers they fit that description, making the book fairly pointless. Unfortunately he is less interested in nuts/bolts investing advice these days than the politics surrounding the issue.
Not a worthless purchase, but for me it was a big disappointment.