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The Coming Bond Market Collapse - How to Survive the Demise of the U.S. Debt Market (Hardcover, New)
Loot Price: R532
Discovery Miles 5 320
You Save: R156
(23%)
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The Coming Bond Market Collapse - How to Survive the Demise of the U.S. Debt Market (Hardcover, New)
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List price R688
Loot Price R532
Discovery Miles 5 320
You Save R156 (23%)
Expected to ship within 12 - 17 working days
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Donate to Against Period Poverty
Total price: R552
Discovery Miles: 5 520
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The coming financial apocalypse and what government and individuals
can do to insulate themselves against the worst shocks In this
controversial book a noted adherent of Austrian School of Economics
theories advances the thesis that the United States is fast
approaching the end stage of the biggest asset bubble in history.
He describes how the bursting of the bubble will cause a massive
interest rate shock that will send the US consumer economy and the
US government pumped up by massive Treasury debt into bankruptcy,
an event that will send shockwaves throughout the global economy.
Michael Pento examines how policies followed by both the Federal
Reserve and private industry have contributed to the impending
interest rate disaster and highlights the similarities between the
US and European debt crisis. But the book isn't all doom and gloom.
Pento also provides well-reasoned solutions that, government,
industry and individuals can take to insulate themselves against
the coming crisis. * Paints an alarmingly vivid picture of the
massive interest rate shock which soon will send consumers and the
government into bankruptcy * Backed by a wealth of historical and
economic data, Pento explains how the bubble was created and what
the U.S. can do to mitigate the impending crisis * Provides
investors with sound strategies for protecting themselves and their
assets against the coming financial apocalypse * Explains why
retirees, in particular, will be at risk as real estate prices
decline, pensions weaken, and the bond bubble bursts
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