Crash Proof: How to Profit From the Coming Economic Collapse (Lynn Sonberg Books)
by Peter D. Schiff, John Downes
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Book Summary Information
Author: John Downes, Peter D. SchiffEdition: Hardcover
Audio: English (Original Language); English (Unknown); English (Published)
Published: 2007-02-26
ISBN: 0470043601
Number of pages: 288
Publisher: Wiley
Book Reviews of Crash Proof: How to Profit From the Coming Economic Collapse (Lynn Sonberg Books)
Book Review: Gloomy forecaster offers a bright economic alterative
Summary: 5 Stars
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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