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Crash-proof: How to Profit from the Coming Economic Collapse (Lynn Sonberg Books)

Crash-proof: How to Profit from the Coming Economic Collapse (Lynn Sonberg Books)

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Authors: Peter D. Schiff, John Downes
Publisher: John Wiley & Sons
Category: Book

List Price: £18.99
Buy New: £10.12
You Save: £8.87 (47%)



Rating: 5.0 out of 5 stars 3 reviews
Sales Rank: 7068

Media: Hardcover
Number Of Items: 1
Pages: 288
Shipping Weight (lbs): 1.1
Dimensions (in): 9.1 x 6.2 x 1.1

ISBN: 0470043601
Dewey Decimal Number: 332.60973
EAN: 9780470043608
ASIN: 0470043601

Publication Date: March 27, 2007
Availability: Usually dispatched within 1-2 business days

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Customer Reviews:

5 out of 5 stars great book   October 24, 2008
 5 out of 5 found this review helpful

At the very least, after reading Crash Proof, you will view economics in a refreshingly practical, non-conventional way. Mr. Schiff has a gift of breaking down complex financial information into language the common person can understand. Even more importantly, he exposes the smoke and mirror approach that's so prevalent with economists and cable news financial analysts. The view behind the curtain is very disturbing, to say the least.

keep in mind, NO book can provide a magic bullet. No human can predict the future. But this one is as close as it gets.



5 out of 5 stars US Perspective on our current financial crisis   August 18, 2008
 5 out of 6 found this review helpful

This book, many alternative finance web sites and "The Grip of Death" have provide quite an education as to how we got into this mess (stupidity, corruption and criminality), how it could have been prevented, and some suggestions how we, the few who actually have savings, can preserve our purchasing power. I do not agree with all of the author's diagnosis and am sceptical of share investments, however I think this is an excellent book even for UK readers, given the US affects world finance and we have similar problems in the UK.



5 out of 5 stars Gloomy forecaster offers a bright economic alterative   August 15, 2008
 6 out of 7 found this review helpful

Contrarian investor Peter D. Schiff isn't just a bear. He's a sky-is-falling, bury-the-Krugerrands-in-the-backyard bear. Writing with John Downes, Schiff argues that the U.S. economy is going to hell, and that clueless consumers, opportunistic Wall Streeters and pandering politicians are carrying the handbasket. Schiff's screeching tone is a bit grating - until you realize that many of his predictions have proven accurate. That doesn't mean you shouldn't take him with a grain of salt, but this book was published in 2007, and in mid-2008, Schiff's forecasts of a weakening dollar, rising gold prices, a bursting real-estate bubble and strong foreign stock markets were spot-on. His pessimistic polemic could use more practical advice and less macroeconomic analysis, but still getAbstract recommends it to those who seek an alternative viewpoint.

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