Overview
Have You Noticed The Economic Bubbles Yet?
- Real estate is overpriced and beginning to fall
- The Dollar is on the decline
- Consumer Debt is at an all-time high
- Our International Trade Deficit is massive
- Our National Debt is now more than $8 trillion total and growing at an astronomical $7 billion per week
While most people ignore the warning signs, those who move quickly and correctly can position themselves now to cover assets and profit from what will be the biggest economic challenge—and wealth-building opportunity—of our times.
"A sobering financial wakeup call for all Americans."
—C. Thomas McMillen, Rhodes Scholar and former three-term U.S. congressman
"Whether you think it goes too far or hits a bull's eye, America's Bubble Economy presents a riveting argument for what may be coming and how to make the most of it."
—Philip J. Gross, former CFO, America Online
"Sound advice in these times, America's Bubble Economy delivers what we need to hear. Its prognosis may be harsh, but these insights are astute, logical, and compelling."
—Dr. Rodney Stevenson, Professor of Economics, University of Wisconsin-Madison, past president of the Association for Evolutionary Economics
"Finally, a way to profit from the government's reckless spending habits!"
—Jim Goldinger, Managing Director, TD Capital Ventures
"More roadmap than crystal ball, this book doesn't simply advise a reader what's coming; it tells a reader exactly how to plan and respond. That it manages to predict an awfully troubling near future while still managing to be readable and even funny in spots is no mean feat."
—Ken Kurson, co-author with Rudy Giuliani of the No. 1 bestseller Leadership, and financial columnist at Esquire
Synopsis
Real Estate is overpriced and starting to fall, the Dollar is on the decline, Consumer Debt is at an all-time high, the Trade Deficit is massive, and National Debt is now more than $8 trillion—with the federal government borrowing an astro-nomical $7 billion a week. No matter what the experts say, the U.S. economy is headed for trouble, and it's now up to each of us to understand what is coming and how to protect ourselves.
Irreverent and instantly engaging, America's Bubble Economy: Profit When It Pops is the first book to focus, not just on one economic problem, but several simultaneous financial bubbles that are interacting to temporarily boost— and will ultimately threaten—the United States and world economies. While other books address individual issues in isolation, America's Bubble Economy connects the dots to show how all the bubbles interact. With expert analysis and straight talk, this book explains how each bubble supports the others in the boom, and will ultimately collide and drag each other down when they pop.
More importantly, America's Bubble Economy offers priceless, truly original insights about how to protect your home, savings, investment portfolio, and other financial assets when these bubbles pop. And best of all, it shows ordinary people—not just the fabulously wealthy—how to turn the coming economic change into a once-in-a-lifetime wealth-building opportunity.
In addition, America's Bubble Economy is unique in placing the current situation in the historical perspective of how the bubbles developed over the past twenty-five years. The book also goes beyond the recent past to look at how the bubbles are part of the long-term evolution of the economy and society.