A practical guide to preparing for the next phase of the financial meltdown
From the authors who were the first to predict Phase I of our current economic downturn-in their landmark 2006 book, America's Bubble Economy-comes their insightful sequel discussing their predictions for the next phase of the Bubble Economy.
It may seem like the worst has come and gone, but it hasn't. With their proven track record of accurate predictions-which most financial professionals and economists missed-the authors explain how and why the next phase of the financial meltdown is about to hit. Things are not going back to how they were before. Instead, we are moving through uncharted territory, with new challenges and opportunities that few people can anticipate. Written in a straightforward and accessible style, Aftershock shows readers how to seek safety and profits in these dynamic economic conditions.
Discusses how to protect assets, businesses, and jobs before and during the second wave of financial meltdown
Provides clear and accurate advice on how to profit from the collapsing bubbles
Offer focused guidance regarding real estate, which will continue to be a pressing concern for many
The authors' first book was chosen by Kiplinger's as one of the 30 Best Business Books of 2006, and its accuracy has been hailed by Paul Farrell of Dow Jones MarketWatch when he said "America's Bubble Economy's Predictions, though ignored, were accurate." Don't miss out on these time tested author's proven advice for how to mange your money during the coming financial meltdown. In 2006, with home values high and credit flowing, authors David Wiedemer, Robert Wiedemer, and Cindy Spitzer accurately predicted the popping of the housing bubble, the collapse of the private debt bubble, the fall of the stock market bubble, the decline of consumer spending, and the widespread pain all of this was about to inflict on the rest of our economy. How did they get it so right while others got it so wrong? The authors saw a fundamental underlying pattern that others were--and, unfortunately, are still--missing. It may seem like the worst has come and gone, but it hasn't, say the authors in this new book. Things are not going back to how they were before. In Aftershock, the authors offer the definitive look at what is still to come--and what investors must do to protect themselves.
This is not merely a down market cycle, the authors explain, nor is it a typical recession. It is a multi-bubble economy that is being hit by a "Bubblequake"--and the coming Aftershock will be far more dangerous. Aftershock details the next bubbles about to burst, including the Dollar Bubble and the Government Debt Bubble, while there's still time to protect your assets and position yourself to survive and thrive in this dangerous, yet potentially profitable new environment. They offer specific advice on how to profit and, more importantly, how not to lose money during the Aftershock. They identify the best Bubblequake and Aftershock investments--those that take advantage of a falling stock market and those that take advantage of a falling dollar. And they reveal where the jobs will be in what they call the "Necessities Sector," composed primarily of health care, education, and government services.
Despite how well the economy appeared to be doing in 2006, these authors predicted it would only be two or three years before America's multiple bubbles would begin to decline and eventually burst. It turned out they were right. There is still time for individuals and businesses to cover their assets and even find ways to profit in the Aftershock. Those who followed the authors' advice in 2006 have profited handsomely--and now, readers of Aftershock will get a second chance. AFTERSHOCK
A practical guide to preparing for the next phase of the financial meltdown
"Their first book, America's Bubble Economy, was one of those rare finds that not only predicted the subprime credit meltdown well in advance, it offered Main Street investors a winning strategy that helped avoid the forty percent losses that followed for many in the meltdown. Now they've done it again. Today they see more to come, another, bigger global meltdown. And they're right on. Aftershock will teach you how to protect yourself against an increasingly hostile Wall Street-Corporate America-Washington conspiracy undermining average investors like you. This is your bible, read it, get into action, and be a winner."
--Paul B. Farrell, JD, PhD, Columnist, Dow Jones/MarketWatch
"Aftershock makes a compelling argument for a chilling conclusion. Their track record demands our attention."
--SAM STOVALL, Chief Investment Strategist, Standard & Poor's
"The fragility of today's economy demands that we, as investors, allocate our assets with more prudence and focus than ever before. The authors' prescience in their first book lends credence to their new warnings. This book deserves our attention."
--Robert Friedman, former CFO, Goldman Sachs
"Aftershock is a superb exegesis of how our damaged economy is in for further difficulties. Since the authors hedge their predictions not at all, a second event in which they will have been proven correct will lead to a very special stature."
--Stanley Goldstein, founding partner of Goldstein Golub Kessler LLP and founder of the New York Hedge Fund Roundtable
"Given the accuracy of their first book's predictions, you have to be worried that their second book could very well be right. Be prepared and read this book."
--Philip Gross, founding CFO, America Online
Their first book was chosen by Kiplinger's as one of the best business books of the year.
From the authors who correctly predicted the first phase of our current economic downturn in their landmark 2006 book, America's Bubble Economy, comes an insightful sequel in which they forecast the next stage of the Bubble Economy. Written in a straightforward and accessible style, Aftershock shows readers how to seek safety and profits in these dynamic economic conditions.
From the authors who were the first to predict Phase I of our current economic downturn-in their landmark 2006 book, America's Bubble Economy-comes their insightful sequel discussing their predictions for the next phase of the Bubble Economy.
It may seem like the worst has come and gone, but it hasn't. With their proven track record of accurate predictions-which most financial professionals and economists missed-the authors explain how and why the next phase of the financial meltdown is about to hit. Things are not going back to how they were before. Instead, we are moving through uncharted territory, with new challenges and opportunities that few people can anticipate. Written in a straightforward and accessible style, Aftershock shows readers how to seek safety and profits in these dynamic economic conditions.
Discusses how to protect assets, businesses, and jobs before and during the second wave of financial meltdown
Provides clear and accurate advice on how to profit from the collapsing bubbles
Offer focused guidance regarding real estate, which will continue to be a pressing concern for many
The authors' first book was chosen by Kiplinger's as one of the 30 Best Business Books of 2006, and its accuracy has been hailed by Paul Farrell of Dow Jones MarketWatch when he said "America's Bubble Economy's Predictions, though ignored, were accurate." Don't miss out on these time tested author's proven advice for how to mange your money during the coming financial meltdown. In 2006, with home values high and credit flowing, authors David Wiedemer, Robert Wiedemer, and Cindy Spitzer accurately predicted the popping of the housing bubble, the collapse of the private debt bubble, the fall of the stock market bubble, the decline of consumer spending, and the widespread pain all of this was about to inflict on the rest of our economy. How did they get it so right while others got it so wrong? The authors saw a fundamental underlying pattern that others were--and, unfortunately, are still--missing. It may seem like the worst has come and gone, but it hasn't, say the authors in this new book. Things are not going back to how they were before. In Aftershock, the authors offer the definitive look at what is still to come--and what investors must do to protect themselves.
This is not merely a down market cycle, the authors explain, nor is it a typical recession. It is a multi-bubble economy that is being hit by a "Bubblequake"--and the coming Aftershock will be far more dangerous. Aftershock details the next bubbles about to burst, including the Dollar Bubble and the Government Debt Bubble, while there's still time to protect your assets and position yourself to survive and thrive in this dangerous, yet potentially profitable new environment. They offer specific advice on how to profit and, more importantly, how not to lose money during the Aftershock. They identify the best Bubblequake and Aftershock investments--those that take advantage of a falling stock market and those that take advantage of a falling dollar. And they reveal where the jobs will be in what they call the "Necessities Sector," composed primarily of health care, education, and government services.
Despite how well the economy appeared to be doing in 2006, these authors predicted it would only be two or three years before America's multiple bubbles would begin to decline and eventually burst. It turned out they were right. There is still time for individuals and businesses to cover their assets and even find ways to profit in the Aftershock. Those who followed the authors' advice in 2006 have profited handsomely--and now, readers of Aftershock will get a second chance. AFTERSHOCK
A practical guide to preparing for the next phase of the financial meltdown
"Their first book, America's Bubble Economy, was one of those rare finds that not only predicted the subprime credit meltdown well in advance, it offered Main Street investors a winning strategy that helped avoid the forty percent losses that followed for many in the meltdown. Now they've done it again. Today they see more to come, another, bigger global meltdown. And they're right on. Aftershock will teach you how to protect yourself against an increasingly hostile Wall Street-Corporate America-Washington conspiracy undermining average investors like you. This is your bible, read it, get into action, and be a winner."
--Paul B. Farrell, JD, PhD, Columnist, Dow Jones/MarketWatch
"Aftershock makes a compelling argument for a chilling conclusion. Their track record demands our attention."
--SAM STOVALL, Chief Investment Strategist, Standard & Poor's
"The fragility of today's economy demands that we, as investors, allocate our assets with more prudence and focus than ever before. The authors' prescience in their first book lends credence to their new warnings. This book deserves our attention."
--Robert Friedman, former CFO, Goldman Sachs
"Aftershock is a superb exegesis of how our damaged economy is in for further difficulties. Since the authors hedge their predictions not at all, a second event in which they will have been proven correct will lead to a very special stature."
--Stanley Goldstein, founding partner of Goldstein Golub Kessler LLP and founder of the New York Hedge Fund Roundtable
"Given the accuracy of their first book's predictions, you have to be worried that their second book could very well be right. Be prepared and read this book."
--Philip Gross, founding CFO, America Online
Their first book was chosen by Kiplinger's as one of the best business books of the year.
From the authors who correctly predicted the first phase of our current economic downturn in their landmark 2006 book, America's Bubble Economy, comes an insightful sequel in which they forecast the next stage of the Bubble Economy. Written in a straightforward and accessible style, Aftershock shows readers how to seek safety and profits in these dynamic economic conditions.
"But as bitter as it is, 'Aftershock's' message-that America has yet to pay its bills-deserves an audience. After all, the authors were right once before." -- Michael Casey, MarketBeat, blogs.wsj.com/marketbeat, November 2009
" ... surrounded as we are by growing talk of recovery and news about 'green shoots,' it's still refreshing to consider the different perspective that Wiedemer, Wiedemer and Spitzer offer here." -- Robert J. Hughes, Smart Money, December 2009
"Their scenario is dark, and their strategies bold and unconventional. But after being on target the last time they went against the grain, the Wiedemers merit being heard out." -- The Associated Press, December 2009
"This is a page turner, but it will be slow reading from the standpoint of having to constantly stop and make notes in the margin or pause to see how a particular point directly effects the reader's own situation. Reading this book will make you aware of economics like you've never previously been aware." -- James Holland, Basil & Spice, December 2009
" ... surrounded as we are by growing talk of recovery and news about 'green shoots,' it's still refreshing to consider the different perspective that Wiedemer, Wiedemer and Spitzer offer here." -- Robert J. Hughes, Smart Money, December 2009
"Their scenario is dark, and their strategies bold and unconventional. But after being on target the last time they went against the grain, the Wiedemers merit being heard out." -- The Associated Press, December 2009
"This is a page turner, but it will be slow reading from the standpoint of having to constantly stop and make notes in the margin or pause to see how a particular point directly effects the reader's own situation. Reading this book will make you aware of economics like you've never previously been aware." -- James Holland, Basil & Spice, December 2009