The United States is heading toward an unavoidable financial catastrophe that will paralyze the markets and the overall economy in ways never before seen. Some call this impending economic catastrophe a double-dip recession, others a financial Armageddon.
Regardless of what it's called, it is too late to stop it. Debts, Deficits, and the Demise of the American Economy is a look at how we got here, how the crisis is unfolding, and how it will end with a stock market crash in 2012, if not sooner.
- Takes you through the unraveling of the collapse, starting with a wave of sovereign debt defaults in Europe
- Predicts a stock market decline of two to three thousand points, a run on banks resulting in a major bank crisis, and rampant inflation
- Provides investment strategies, including alternative investments such as timber, farm land, and oil
- Offers a detailed proposal to get the United States out of the crisis
Debts, Deficits, and the Demise of the American Economy is a must-read, play-by-play account of the worldwide depression that is likely to unfold in the coming years.
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