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The economic tipping point for the UnitedStates is no longer theoretical. It is a reality today. The country has gone from the world's largest creditor to its greatest debtor; the value of the dollar is sinking; domestic manufacturing is winding down - and these trends don't seem to be slowing. Peter Schiff casts a sharp, clear-sighted eye on these factors and explains what the possible effects may be and how investors can protect themselves. For more than a decade, Schiff has not only observed the U.S. economy, but also helped his clients reposition their portfolios to reflect his outlook.…mehr

Produktbeschreibung
The economic tipping point for the UnitedStates is no longer theoretical. It is a reality today. The country has gone from the world's largest creditor to its greatest debtor; the value of the dollar is sinking; domestic manufacturing is winding down - and these trends don't seem to be slowing. Peter Schiff casts a sharp, clear-sighted eye on these factors and explains what the possible effects may be and how investors can protect themselves. For more than a decade, Schiff has not only observed the U.S. economy, but also helped his clients reposition their portfolios to reflect his outlook. What he sees is a nation facing an economic storm brought on by growing federal, personal, and corporate debt, too-little savings, a declining dollar, and lack of domestic manufacturing. Crash-Proof is an informed and informative warning of a looming period marked by sizeable tax hikes, loss of retirement benefits, double digit inflation, even - as happened recently in Argentina - the possiblecollapse of the middle class. However, Schiff does have a survival plan that can provide the protection that readers will need in the coming years.
Autorenporträt
Peter D. Schiff ist Vorsitzender von Euro Pacific Capital. Er ist regelmäßig bei Fox News, CNN, CNBC und Bloomberg TV zu Gast. Er wird vom Wall Street Journal, Barron's, der Financial Times und der New York Times zitiert.