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I heard the author of Crash Proof, Peter Schiff, interviewed on a local talk show about 2 weeks ago. I was floored by what Mr.Schiff was saying. It's not that I didn't believe what he was saying, just that I was shocked to hear a well respected financial guru saying the same things that I already believed. This book spells out in very readable fashion what is really going on, financially speaking, in America today. If you listen to the government, we have a strong economy, fueled by America's shopping addiction. Our own government chooses to ignore several items, I won't go into as I could never tell it like the author of Crash Proof does. After listening to the local talk show host being very respectful to the author during the nearly hour long interview, the host showed at the end of the interview that he truly wasn't listening, or at least didn't want to believe the truth. This is why any American that wishes to protect their wealth NEEDS to read this book, cover-to-cover, ASAP. The majority of Americans act like ostriches when anything threatens their personal wealth, don't be like the rest of the masses. Be a leader to your friends. Be the first person in your circle of friends to read Crash Proof and help your friends get prepared too, or just get a head-start on everyone. This book spells out very clearly where you should have your money invested, and approximately how long you can expect for these changes to come about. Trust me when I say this. YOU DON'T HAVE LONG UNTIL THE DOLLAR, AND THE STOCK MARKET TAKES A TUMBLE. Are you prepared?Read full review
I became interested in this topic when the financial "crisis" revealed itself. It is a very good introduction to the subject of the causes and effects of our unwise fiscal policies and banking practices which I found very useful. The author's opinion that the individual's best choice to become "crash proof" is to place much of his savings in foreign currencies due to the imminent collapse of the worth of the US dollar. Events may or may not prove this approach sound but I remain unconvinced. Still it is a good read and enhances understanding for even a layman such as myself.
Excellent book! I've done extensive research and have cross checked with other individuals who have years of great track records predicting events such as the recent subprime collapse, dot com bubble, crash of 1987, and many more. These individuals come from the austrian school of economics and have been able to accuratley predict, prepare, and profit from the global economic crisses. You can cross check for your self and do a youtube search on people like, Peter Schiff, Gerald Celente, Jim Rogers, Ron Paul, Marc Faber, etc. Wish you and your family a prosperous financial life. Please take action in a timely manner. It's better safe than sorry!
Reasonably well written - but really, it's about economics, how good can the writing really be. A great overview of American monetary policy and how that has played out, and will play out over time. Peter Schiff manages to avoid creating a tin-foil hat conspiracy theory, but presents a clear, concise view of the perils of short-sighted decisions that will impact the US for many future generations.
Mr. Schiff's vision and economic expertise on the unraveling economic problems with the U.S. economy is stellar and portrays sound intellectual economic content. Before purchasing this book I looked at the good and bad reviews from Amazon, watched Mr. Schiff on the TV news and decided to give it a try. It was an eye opener. Mr. Schiff made predictions that have either already come to pass or we are experiencing them now! If you are looking for a refreshing outlook on investing and preserving your capital without the confusing back peddling and propaganda in the main stream media then READ THIS BOOK!!
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