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Q&A | February 27, 2014

Rene Denfeld: IMG Powell’s Q&A: Rene Denfeld



Describe your latest book. The Enchanted is a story narrated by a man on death row. The novel was inspired by my work as a death penalty... Continue »
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    The Enchanted

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The Real Crash: America's Coming Bankruptcy---How to Save Yourself and Your Country

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The Real Crash: America's Coming Bankruptcy---How to Save Yourself and Your Country Cover

 

Synopses & Reviews

Publisher Comments:

You might be thinking everythings okay: the stock market is on the rise, jobs are growing, the worst of it is over.

Youd 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.

Were in hock to China, we cant afford the homes we own, and the entire premise of our currency---backed by the full faith and credit of the United States---is false. Our system is broken, Schiff says, and there are only two paths forward.  The one were 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 spending---eliminate entire agencies, end costly foreign military escapades and focus only on national defense---and 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 dont. 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.

About the Author

PETER D. SCHIFF is an American investment broker, author, and financial commentator, and was a candidate in the 2010 Republican primary for the United States Senate seat from Connecticut. He frequently appears as a guest on CNBC and Fox News, and is the host of the radio show and podcast The Peter Schiff Show.He is the author of the New York Times bestselling Crash Proof and Crash Proof 2.0, as well as The Little Book of Bull Moves in Bear Markets, which was also a Business Week bestseller.

 

Product Details

ISBN:
9781250031334
Subtitle:
America's Coming Bankruptcy---How to Save Yourself and Your Country
Author:
Schiff, Peter
Publisher:
St. Martin's Griffin
Subject:
Investments & Securities
Subject:
Economic Conditions
Subject:
Political Economy
Subject:
Public Policy - Economic Policy
Subject:
Economic Policy
Subject:
Economics - General
Edition Description:
Trade paper
Publication Date:
20150301
Binding:
Electronic book text in proprietary or open standard format
Language:
English
Pages:
352
Dimensions:
8.25 x 5.5 in 1 lb

Related Subjects

History and Social Science » Economics » General
History and Social Science » Politics » General

The Real Crash: America's Coming Bankruptcy---How to Save Yourself and Your Country New Trade Paper
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