From the Inside Flap
Unless you're a Wall Street banker or a Fortune 500 CEO, times are toughtougher than they've been in eighty years. But take heart, you can survive and thrive in a global economic meltdown. And you don't need a Ph.D. in economics or a crystal ball. All you need is your own good common sense, plus the knowledge and tools this book gives you to help you protect your assets, boost your income, and build wealth even in the worst of times.
Helping folks persevere through hard times is a Weiss family tradition. J. Irving Weiss, author Martin D. Weiss's father, was a legendary economist and financial advisor who accurately predicted the Great Depression and helped his grateful clients surviveand even thrivein the worst of times. Likewise, Martin D. Weiss, founder and Chairman of the nation's leading, truly independent rating agency, has helped hundreds of thousands of investors and consumers avoid the financial dangers all around us. He not only predicted the recent debt crisis, but specifically named, well in advance, which large companies were most likely to fail, including Washington Mutual, Wachovia Bank, Fannie Mae, Lehman Brothers, General Motors and even Citigroup.
Yes, the U.S. government bailed out many of the failed companies. But in this book, Weiss shows how those bailouts have created new, even greater risks for investorsunexpected events ahead that you cannot only sidestep, but also turn to your great financial advantage.
In this extensively updated and expanded edition of his recent New York Times bestseller, Martin Weiss offers the same rigorous analysis and spot-on advice with which he's served his clients and subscribers so well for so many years. In plain English, he provides up-to-the-minute coverage of the very latest events sweeping the U.S. and the globerunaway public deficits, spreading sovereign debt disasters, and the desperate attempts by governments to prop up the world economy. He:
Exposes the scams and self-serving deceptions brokers, banks, insurance companies, and ratings agencies employ to hide the true risks of investments and rope investors into jeopardizing their financial futures
Shows how to identify the true value of stocks, bonds, real estate, insurance, and other investments and design a strategy best suited to your goals and budget
Gives step-by-step advice on stocks, bonds, real estate, and funds, as well as immunizing 401(k)s and annuities
Explains the excellent investment opportunities available overseasespecially in Asia and Latin Americaand how to capitalize on them
Provides continual support and the latest critical information, online, with follow-up emails(sign up at www.moneyandmarkets.com)
Gives you a free tool for tracking a truly independent and unbiased rating of YOUR stocks, mutual funds, exchange-traded funds (ETFs), banks, and insurers at www.weisswatchdog.com
Especially in times like these, you are the only one you can trust to protect your financial security. The Ultimate Money Guide for Bubbles, Busts, Recession and Depression arms you with what you need to survive and thrive, no matter what the future brings.
From the Back Cover
"Absolutely provocative! Martin Weiss's prediction of the current economic crisis is uncanny. A must-read for the investor who wants to know what happens next!"CHRISTOPHER RUDDY, Editor, Newsmax.com
"Martin Weiss was 'the first to warn of the dangers and say so unambiguously.'"THE NEW YORK TIMES
"Depressions don't happen very often. Psychologically and practically, people are never prepared for them. Martin Weiss has done an excellent job of helping readers understand what they must do to adapt to the grim realities of a depressed economy."BILL BONNER, President and CEO, Agora Financial LLC; bestselling author of Mobs, Messiahs, and Markets and Empire of Debt
"Weiss is 'the leader in identifying vulnerable companies.'"BARRON'S
"The author's father, Irving Weiss, was a historian of deflation. It's a shame he is not around to see the result of the unrestrained credit expansion that he so consistently warned against. Fortunately, his son carried on the legacy of his father with intelligence and aplomb."ROBERT R. PRECHTER, Jr., author of Conquer the Crash
"In a lively and informative read, veteran investment analyst Martin Weiss provides meaningful insight into the financial dangers confronting us and serves up a course of action to avoid further wealth destruction."DAN DORFMAN, financial columnist and commentator
"Dr. Weiss shares with us his unequaled advice for investors during these frightening times. The valuable insight in this book is vital information for all investors looking for safe harbor in a very choppy ocean."KEVIN KERR, Editor, Global Commodities Alert
"This is Weiss's best book ever and so appropriate for the tough times! He tells all the steps we need to take now to protect ourselves and our families from financial disasters."STEVE CROWLEY, Host, American Scene Radio and WallStreetCast
"Martin's work is always clear, direct, and actionable. Read this book and you'll have a plan for growing your wealth rather than losing it in the difficult period ahead."ADDISON WIGGIN, Executive Publisher, Agora Financial LLC; author of I.O.U.S.A.