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You might be thinking everything's okay: the stock market is on the rise, jobs are growing, the worst of it is over.
You'd be wrong.
In The Real Crash, New York Times bestselling author Peter D. Schiff argues that America is enjoying a government-inflated bubble, one that reality will explode . . . with disastrous consequences for the economy and for each of us. Schiff demonstrates how the infusion of billions of dollars of stimulus money has only dug a deeper hole: the United States government simply spends too much and does not collect enough money to pay its debts, and in the end, Americans from all walks of life will face a crushing consequence.
We're in hock to China, we can't afford the homes we own, and the entire premise of our currencybacked by the full faith and credit of the United Statesis false. Our system is broken, Schiff says, and there are only two paths forward. The one we're on now leads to a currency and sovereign debt crisis that will utterly destroy our economy and impoverish the vast majority of our citizens.
However, if we change course, the road ahead will be a bit rockier at first, but the final destination will be far more appealing. If we want to avoid complete collapse, we must drastically reduce government spendingeliminate entire agencies, end costly foreign military escapades and focus only on national defenseand stop student loan or mortgage interest deductions, as well as drug wars and bank-and-business bailouts. We must also do what no politician or pundit has proposed: America should declare bankruptcy, restructure its debts, and reform our system from the ground up.
Persuasively argued and provocative, The Real Crash explains how we got into this mess, how we might get out of it, and what happens if we don't. And, with wisdom born from having predicted the Crash of 2008, Peter Schiff explains how to protect yourself, your family, your money, and your country against what he predicts.
Schiff: Zero rates, QE4 by election, and real estate crash ... Peter Schiff predicts that the Fed will lower interest rates to zero, begin QE4 before the elections and that a 2007 style crash is coming to real estate. The Real Crash: America's Coming Bankruptcy - How to Save ... Buy The Real Crash: America's Coming Bankruptcy - How to Save Yourself and Your Country on Amazon.com FREE SHIPPING on qualified orders The Real Crash (Fully Revised and Updated): America's ... Overview. Peter D. Schiff has fully revised and updated his provocative New York Times, Wall Street Journal, and USA Today bestseller The Real Crash. THE REAL CRASH by Peter Schiff Kirkus Reviews Schiff (Crash Proof 2.0, 2007, etc.) offers a controversial set of remedies for the economic crash he believes is still on the horizon. The author, who ran in ... The Real Crash: America's Coming Bankruptcy, How to Save ... *A full summary of this book is available here: An Executive Summary of Peter Schiff's 'The Real Crash': 'America's Coming Bankruptcy--How to Save Yourself and... BOOKSTORE - SchiffBooks The Little Book of Bull Moves, Updated and Expanded: How to Keep Your Portfolio Up When the Market Is Up, Down, or Sideways The Real Crash by Peter D. Schiff Reviews, Discussion ... peter has no idea of a real crash. a real crash is when i lose my job. back when russia was socialist i was told the problrm with america is the ... How To Protect Yourself Before Dollar Collapses - YouTube Peter Schiff about the economic decline of America. Mr. Schiff is the author of several books, including Crash Proof: How to Profit From the Coming ... Schiff & Maloney's Actionable Strategies for Protecting ... You've seen Peter Schiff and Mike Maloney's public warnings of the coming economic crisis. Now get access to their personal investment strategies for safeguarding ... The man who called the last stock crash is already blaming ... His book: The Real Crash: Americas Coming Bankruptcy How to Save Yourself and Your Country, was published two years ago. Schiffs been prophesying ...
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