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Financial Reckoning Day: Surviving the Soft Depression of the 21st Century - Softcover

Bonner, Bill; Wiggin, Addison

 
9780471696582: Financial Reckoning Day: Surviving the Soft Depression of the 21st Century

Inhaltsangabe

With the market in its current downturn, investors are looking for answers as to why and what they can do to protect their current and future investments. Days of Financial Reckoningwill provide the answers to those questions. Written by a well-respected financial professional--whose publications and newsletters reach hundreds of thousands of investors--this book is based on the theory that America is currently in a "soft depression" much like that of Japan a decade ago. Days of Financial Reckoningdiscusses why this is so dangerous, and how we can survive such an event.

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Über die Autorin bzw. den Autor

WILLIAM BONNER is President and CEO of Agora Publishing, one of the largest financial newsletter companies. Headquartered in Baltimore, Agora now has offices overseas in London, Paris, Ireland, Bonn, and Johannesburg. Mr. Bonner is also the creator of the Daily Reckoning, a contrarian financial newsletter sent via e-mail (www.dailyreckoning.com). ADDISON WIGGIN is the publisher and editorial director for the Daily Reckoning (www.dailyreckoning.com). The newsletter now has more than 500,000 readers in the United States and Great Britain and is translated daily into German and French. It has received praise from mainstream publications, including Money.

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FINANCIAL RECKONING DAY

"History shows that people who save and invest grow and prosper, and the others deteriorate and collapse."
"As Financial Reckoning Day demonstrates, artificially low interest rates and rapid credit creation policies set by Alan Greenspan and the Federal Reserve caused the bubble in U.S. stocks of the late ′90s. . . . Now, policies being pursued at the Fed are making the bubble worse. They are changing it from a stock market bubble to a consumption and housing bubble."
"And when those bubbles burst, it′s going to be worse than the stock market bubble . . ."
"No one, of course, wants to hear it. They want the quick fix. They want to buy the stock and watch it go up twenty–five percent because that′s what happened last year, and that′s what they say on TV."
Jim Rogers, author of the bestseller Adventure Capitalist from the Foreword to Financial Reckoning Day

More praise from bestselling authors

"An investment book that will not only enlarge your investment horizon, but also make you laugh and thoroughly entertain you for a few hours."
Dr. Marc Faber, author of the bestseller Tomorrow′s Gold

"Financial Reckoning Day is . . . in the category of scintillating sex or good vision, something to be savored and enjoyed before it is too late."
James Dale Davidson

author of the bestseller The Great Reckoning and The Sovereign Individual

"A powerful and insightful vision . . . each paragraph stimulates a new rush of thoughts that fills in gaping holes in the investors′ understanding of what has happened to their dreams . . . while prepping them to confront any new confusion that may arrive."
Martin D. Weiss, author of the bestseller Crash Profits

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