Praise for When Giants Fall

"Michael Panzner has been dead right in his forecasts of financial Armageddon . . . His latest work is even more urgent in its warnings about the folly of our ways. We can only hope that he is wrong this time—but betting against his take on the world has been a recipe for losing money."

—Barry Ritholtz, CEO, Fusion IQ, and author of the popular financial blog The Big Picture

"We are at a pivotal point in history—a time when tectonic plates are shifting markets and economies. The world will be a vastly more dangerous and unsettled place; nations, economies, and markets will be more vulnerable and disorderly; and volatility will rule the day. When Giants Fall is a prescient look at that world, and a must-read for those who plan on prospering and surviving."

—Jim Puplava, President, PFS Group, and host of Financial Sense Newshour?

"In a positive sequel to his bestseller Financial Armageddon, Panzner offers the perfect roadmap guiding you through today's financial and economic minefields. Narrated in the tradition of Sun Tzu's Art of War, Panzner reveals the secret of knowing your enemy and thus knowing yourself. Follow this strategy and you will win, and win big."

—Paul B. Farrell, JD, PhD, author of The Lazy Person's Guide to Investing, The Winning Portfolio, The Millionaire Code, and Expert Investing on the Net

"When Giants Fall is insightful, absorbing, and breathtaking in scope. Once again, Panzner challenges the consensus of those who see only good times ahead. To those who didn't listen to what he had to say before, my advice is simple: don't make the same mistake twice."

—David Tice, President, David W. Tice &Associates

"Michael Panzner's timing is impeccable. Most of the dire predictions in his previous book, Financial Armageddon, came true within two years of publication. When Giants Fall will, alas, prove to be just as prescient, helping readers understand and prepare for America's self-inflicted, accelerating decline."

—John Rubino, author of Clean Money and coauthor of The Collapse of the Dollar and How to Profit from It

"Michael Panzner's lucid and accessible depiction of a very unsettling future provides us, by virtue of its unflinching honesty, an opportunity to plan and prepare ourselves, and thereby to cope and, perhaps, to thrive."

—Richard Klein, President, Book Revue

"When Giants Fall warns of impending financial turbulence with ominous consequences for Americans who believe their country's place in the world is no different than it was two decades ago. Panzner's incisive and sensible survival strategies will enable readers to navigate the uncertain economic landscape that lies ahead."

—Bill Cara, Cara Trading Advisors, and "Forbes' Favorite" blogger

"While I disagree with some of his conclusions, Panzner offers a very thought-provoking vision of a new, more sober world."

—Bill Fleckenstein, author of Greenspan's Bubbles: The Age of Ignorance at the Federal Reserve

Panzner, author and 25-year-veteran of the global stock, bond, and currency markets, provides strategies and direction for achieving financial security in a precariously positioned and dangerous world. The author presents his decidedly pessimistic case for a future characterized by instability and disruptions of the established monetary and political order--and how, for many people, that future will be nothing less than a modern version of the Dark Ages. The author's recommendations are based on examinations of social, political, economic, and geopolitical issues as well as the simple realities of earning a living and preserving wealth. The arguments and writing are straightforward and clear. Annotation ©2009 Book News, Inc., Portland, OR (booknews.com)

Once the embodiment of prosperity, the United States now finds itself in a precarious position. With its financial system in shambles and global standing on the wane, many believe we are witnessing the end of the American era. In When Giants Fall, author Michael Panzner puts the coming age of post-American dominance in perspective, and addresses the far-reaching effects it will have on our lives, as well as the economic opportunities that will arise from it.

With this timely guide, Panzner describes how widespread economic changes—the product of growing conflict and wars, shortages, logistical disruptions, and a breakdown of the established political and monetary order—will impact businesses as well as investors, and discusses why individuals will be forced to rethink livelihoods, lifestyles, and living arrangements. He makes the case that for many people this will be nothing short of a modern Dark Ages, where each day brings fresh anxieties, unfamiliar risks, and a sense of foreboding.

However, for those enlightened few who understand what is really going on and what will likely happen next, the chaotic years ahead may well represent a singular opportunity—a time when you can realize goals you never thought possible and achieve a level of wealth and security that leaves you head-and-shoulders above everyone else. But to do this, you will have to understand how things got to where they are today and, more importantly, how they will play out in the future. When Giants Fall answers these and many other essential questions. From an examination of key economic, political, geopolitical, and social issues to the realities of earning a living, protecting and preserving wealth, running a business, and looking after loved ones, this practical guide provides a straightforward and comprehensive game plan for surviving—and thriving—in the uniquely unsettling years ahead.

The road ahead will be fraught with challenges that will be impossible for anyone to ignore or avoid—regardless of their current circumstances. But if you understand what's going on, set out a viable plan, and remain focused, you can get through these troubled times unscathed. Engaging and informative, When Giants Fall offers cutting-edge strategies and much-needed direction that will allow you to achieve financial security and stability in an increasingly uncertain and dangerous world.

Michael J. Panzner is a twenty-five-year veteran of the global stock, bond, and currency markets. During his career, he has worked in New York and London for leading companies such as HSBC, Soros Funds, ABN AMRO, Dresdner Bank, and JPMorgan Chase. He is an FT Knowledge/New York Institute of Finance faculty member specializing in equities, trading, global capital markets, and technical analysis, and is the author of Financial Armageddon. Visit Panzner at www.economicroadmap.com.