Description: The coming financial apocalypse and what government and individuals can do to insulate themselves against the worst shocks In this controversial book a noted adherent of Austrian School of Economics theories advances the thesis that the United States is fast approaching the end stage of the biggest asset bubble in history. He describes how the bursting of the bubble will cause a massive interest rate shock that will send the US consumer economy and the US government—pumped up by massive Treasury debt—into bankruptcy, an event that will send shockwaves throughout the global economy. Michael Pento examines how policies followed by both the Federal Reserve and private industry have contributed to the impending interest rate disaster and highlights the similarities between the US and European debt crisis. But the book isn't all doom and gloom. Pento also provides well-reasoned solutions that, government, industry and individuals can take to insulate themselves against the coming crisis. Paints an alarmingly vivid picture of the massive interest rate shock which soon will send consumers and the government into bankruptcy Backed by a wealth of historical and economic data, Pento explains how the bubble was created and what the U.S. can do to mitigate the impending crisis Provides investors with sound strategies for protecting themselves and their assets against the coming financial apocalypse Explains why retirees, in particular, will be at risk as real estate prices decline, pensions weaken, and the bond bubble bursts
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EAN: 9781118457085
UPC: 9781118457085
ISBN: 9781118457085
MPN: N/A
Book Title: The Coming Bond Market Collapse: How to Survive th
Item Length: 23.1 cm
Number of Pages: 320 Pages
Language: English
Publication Name: The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market
Publisher: John Wiley & Sons INC International Concepts
Publication Year: 2013
Subject: Economics, Finance
Item Height: 251 mm
Item Weight: 560 g
Type: Textbook
Author: Michael G. Pento
Item Width: 162 mm
Format: Hardcover