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Debt, Deficits, and the Demise of the American Economy

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ISBN-10: 1118021517

ISBN-13: 9781118021514

Edition: 2011

Authors: Peter J. Tanous, Jeff Cox, Rick Santelli

List price: $18.99
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Description:

Debt, Deficits, and the Demise of the American Economy is an examination of the worldwide crash that the authors, Peter Tanous and Jeff Cox believe will unfold in the coming years. The book is play-by-play account in which the authors take us to the meetings of national economic leaders and allow us to witness how the various meetings unfold. The authors then move on to European and US debt failures the mounting problems the global economy faces due to growing debt. We are on our way to the point where the massive treasury auction simply fails. These factors will inevitably lead to the Crash of 2012 and the forward-looking authors are describe in detail how it unfolds. The mounting U.S. deficit is a major problem that will result in a major financial calamity soon. How soon? We don't know, but soon enough that we need to be prepared for it. The authors look at strategy for asset allocation. It will become more important than ever to possess real assets such as gold, timber, oil and even farmland. The US economy is headed for a period of massive inflation. The only question is how bad it will get.
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Book details

List price: $18.99
Copyright year: 2011
Publisher: John Wiley & Sons, Limited
Publication date: 5/20/2011
Binding: Hardcover
Pages: 207
Size: 6.50" wide x 9.75" long x 1.00" tall
Weight: 0.880
Language: English

Foreword
Introduction
It's the Deficit, Stupid
The Crisis Begins
The Miserable State of the States
Inflation, through the Years
Europe on the Brink
The Crisis Hits the United States
The Way Back
Forging Ahead
Investing in a Time of Crisis
Gold Still Good
The World Still Runs on Oil
Understanding the Investment Risks We Face
Conclusion: We Have Been Here Before
Notes
Acknowledgments
About the Authors
Index