Aftershock has ratings and reviews. Cordell said: I Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown Robert Wiedemer. David Wiedemer, Robert A. Wiedemer, and Cindy Spitzer, authors of the revised and substantially (30%) updated third edition of Aftershock. Aftershock by Robert Wiedemer – Find out how economic events will effect the price of gold and other precious metals.
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Written by the market oracles who predicted, with uncanny accuracy, the global financial meltdown and the economic chain reaction it set in motion, Aftershock offers a vivid picture of what to expect when the afyershock bubble economy inevitably pops. They grew on the shoulders of giants, our giant bubbles that is.
In addition, it is interesting that the authors do not seem to recognize corporate leverage as a much more fundamental issue than private debt. How do you see investor wiedmeer pushing gold aftersnock in the Aftershock? Hardcoverpages. By Brendan Coffey September 2, Prepare for your stocks,bonds, and your house value to drop. More likely we will have to give them Alaska or California or both! I can’t recall who exactly recommended this to me when I first picked this up back in orbut I do recall the cautionary note that they took as they described it and the author’s conclusions.
Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown
America’s trusted name in coin and bullion trading for 50 years. This book tells you why, why it’s going to get worse, and what you can do about it.
As anyone else, they have not the slightest clue. I think the authors make a lot of valid points that appear to ring true. Protect Yourself and Profit in the Next Global Financial Meltdown seemed like a warning voice against future economic calamity, so I picked it up and gave it a read.
In a tight death spiral, interest rates, inflation, and unemployment will rise, squeezing the first four bubbles some more, slowing the economy more. The authors sure seem confident cocky. Open Preview See a Problem?
I also believe that we can’t get something for nothing – at least not in a sustainable way.
Aftershock Robert Wiedemer | Next Global Financial Meltdown
It’s such a bubble that the last couple centuries of gold prices look like a flat line by comparison to the last decade. To some extent, there is sound economic reasoning beneath it–like the dangers of printing money causing rampant inflation. For these last points, the book deserves 5 stars despite of its fundamental shortcomings. The problem is not, as the authors recognize, rising real estate prices alone but rather the imbalance that has been created during three decades of stagnating wages AND real estate inflation.
If you value your own financial well being, especially if you have a family to take care of, read Aftershock. Among many gloom and doom predictions: Living people births University of Wisconsin—Madison alumni American male writers Business biography stubs.
Meet the Authors
Mar 29, Mary rated it it was amazing. They said it went from 8B to 2. In other words, unlike the authors that long for the next big idea i. This is quite possibly the most important book that any layman can read today, about the future of America and the world’s economies. When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio. Basically, they see the huge amount of private This book was repetitive halfway through, I cringed every time I read “multi-bubble economy” and vague.
The good news is that the dollar is so widely used that it will not disappear. By no later than inflation will rise dramatically, the dollar will pretty much collapse as a strong currency,and the national debt along with the US government will be in default.
With the shaky economy and people loosing jobs, discretionary spending on the bigger and better necessity, the extra service, the second thingie has dropped, and without credit and a weakened dollar, we will not be able to afford anything but the necessities. I stopped reading this book a little more than half way through. And then there’s that chart showing that the stock market for the past few years follows the bouts of quantitative easing up and down like the most obedient lap dog in the world.
Though an interesting case, it wasn’t a very strong one.
Once the dollar bubble pops, the other four bubbles will collapse completely, and the worst of them all, our government debt bubble, will collapse quickly. In their last book, they called the real estate and debt collapse of and with stunning accuracy, back in ! Aftershocknow in its second edition, has spent the past aftetshock in the top five selling business books on Amazon. Since the authors hedge their predictions not at all, a second event in which they will have been proven correct will lead to a very special stature.
The dollar is already weak versus the Euro, which is troubled enough as it is. A complete change, not an adjustment of rules, will be needed. Is it inevitable that massive money printing will have serious economic consequences — and — how long can it continue? The book suggests selling stocks, buying aftershick, selling ‘extra property’, etc. Oh yeah, the infomercial people trying to sell me their investment advice. One key feature of this book is that Appendices contain summaries and one could read just these summaries to generally aftdrshock the authors’ economic theories.
They call for one savior to come and ask the right questions — but only half-heartedly because they like to see themselves in this lofty position.