- Hardcover: 464 pages
- Publisher: St. Martin's Press; 2 edition (April 8, 2014)
- Language: English
- ISBN-10: 1250046564
- ISBN-13: 978-1250046567
- Product Dimensions: 6.4 x 1.5 x 242.8 inches
- Shipping Weight: 1.4 pounds (View shipping rates and policies)
- Average Customer Review: 642 customer reviews
- Amazon Best Sellers Rank: #67,431 in Books (See Top 100 in Books)
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The Real Crash: America's Coming Bankruptcy - How to Save Yourself and Your Country 2nd Edition
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“Peter Schiff sounded the alarm about the housing bubble created by the Federal Reserve and predicted the bubble's inevitable collapse, yet he was ignored by mainstream economists and ridiculed by the media. In The Real Crash he is at it again, illustrating how the financial crisis of 2008 is nothing compared to what is coming down the road. Peter Schiff is right again. I hope more people listen this time.” ―Ron Paul; Congressman (TX-14) and three time Presidential Candidate
“Peter Schiff's new book "The Real Crash; America's Coming Bankruptcy" is written in the same blunt and punchy style that makes him a favorite guest on my Fox News show. It's not just what he says, but the fact that he lives what he says. Unlike Some authors who talk about business as spectators, Peter doesn't speak from the ivory tower of academia or from the comfort of an anchor chair. He runs a real business and fights every day to make it a success in spite of all the government's tax and regulatory policies.” ―Mike Huckabee; Host of The Huckabee Show and former Arkansas Governor and Presidential Candidate
“America's political leaders should have taken Peter's 2007 book, Crash Proof, to heart before they tried to borrow, print and bail us out of trouble. Today, they -- along with all Americans -- absolutely must take heed of The Real Crash. Peter Schiff understands the marketplace, and he understands the consequences that occur when government attempts to manage that marketplace. Pay attention, America!” ―Gary Johnson, Former governor of New Mexico and presidential candidate
“In ‘The Real Crash,' the fearless Peter Schiff has written the most compelling argument against central economic planning and debt-financed consumption to come along since our present woes were exacerbated in 2008. His explanations of how unfettered free choices will produce prosperity, and how ending the Federal Reserve, abolishing the IRS, and returning to the gold standard will tame the federal beast are among the most forceful and cogent I have seen. He even explains how anyone can prosper from government stupidity in these perilous times. And he does all this in a breezy and readable format.” ―Judge Andrew P. Napolitano, Senior Judicial Analyst, Fox News
“Peter Schiff is an original thinker, a man of startling insight and honesty, in many ways, a genius. I have learned that you disagree with him at your peril. He is one of the few men of finance of whom I wish I could say I had paid more attention to. Live and learn. Read and learn.” ―Ben Stein; author, actor, political and economic commentator
“Peter Schiff says the Fed's bubble machine is destroying the American economy and he is right. Zero interest rates and QE are crushing savers, rewarding speculators and enabling the Washington politicians to issue endless debt. Every concerned citizen should read this.” ―David Stockman; Former OMB director under President Ronald Reagan
“Peter Schiff has been painfully right about the downward spiral of the U.S. economy over the last four years. Easy money, rising tax rates, and unbridled debt are a prescription for economic disaster. Let's hope Barack Obama reads this.” ―Stephen Moore, Economist and Fox News commentator
“While many of us have justifiably focused on how high taxes are economically corrosive, Peter Schiff does a great job of explaining why government spending and debt are even worse. As we continue grappling with the monster of a runaway federal government, this book is one of the best assets conservatives can turn to in making the case for fiscal responsibility and capitalism.” ―Grover Glenn Norquist; President of Americans for Tax Reform
“Peter Schiff was one of the few pundits who predicted correctly the 2008 economic and financial collapse. Now, he makes a compelling case in a highly readable book that the day will come when the world stops trusting the dollar and the ability of the US government to pay its debts. I agree with him that "Then we'll get the real crash.” ―Marc Faber; Editor, The Gloom Boom & Doom Report
“You need to know his case whether he is right or not if you are going to be prepared for this decade.” ―Jim Rogers; Investor and Bestselling Author of "A Gift to My Children" and "Investment Biker"
About the Author
PETER D. SCHIFF is an American investment broker, author, and financial commentator, and was a candidate in the 2010 Republican primary for the United States Senate seat from Connecticut. He frequently appears as a guest on CNBC and Fox News, and is the host of the radio show and podcast The Peter Schiff Show. He is the author of the New York Times bestselling Crash Proof and Crash Proof 2.0, as well as The Little Book of Bull Moves in Bear Markets, which was also a Business Week bestseller.
Top customer reviews
"prediction" book, should have at least been given a list of clues for them to prepare 1 year before the actual crash if there is, to happen. As the saying goes, History repeat itself-Well, the last crash was 1929, so I hope next time Peter publish another book, he should just make it shorter and more direct to the point that Hey ! now that you buy this third publication, these are the signs so you can prepare to run away to a safe place for a while-hopefully.
This is not a book to "enjoy," as others have put it
It is a book to heed, as with all of Mr. Schiff's books.
Every politician needs to read this book. And every investor should read this book.
Indeed, anyone who is concerned about the welfare of their family or their community needs to heed the warnings that Schiff writes about here.
I have been listening to Schiff on his radio program since he began broadcasting. I have read all his books. In fact, I read his father's books when they first came out back in the seventies. The younger Schiff had a phenomonal mentor in Irwin. Irwin gave him a solid grounding in what I call "common sense" economics. There is no hocus-pocus "we can spend our way out of this mess" economic theory, as propounded by the likes of Paul Krugman. Everything Peter says is well thought out and grounded in reality. And he always returns to base principles and values whenever confronted with sticky situations. While he certainly promotes his company on the air and in his books, what he promotes politically and economically actually would counter his investment advice if those ideas would be followed. I haven't a bit of a problem with this self-promotion, as it represents the essence of the free-market. A truly free market, as presented by Schiff, enriches everyone, as opposed to socialist theories that makes everyone equal, but equally destitute.
Schiff has three broad themes in this book:
(1) Review of what is realy wrong with the world and US economy today
(2) How we can fix these problems by returning to common sense base principles, even it requires a little bit of compromise to make it acceptable to the masses
(3) How to protect yourself financial when the inevitable crash occurs - Schiff assumes that no one in power is likely to follow his advice
This is an important book for our time. I liken Peter Schiff to a modern day Nathan Hale: one of the great patriots of our time. We need more books like this, and we need more Peter Schiffs if our economy is to survive.
So be afraid for our economy and for your financial health, but don't be afraid to buy this book as soon as possible.