Crash Proof

The economic tipping point for the United States is no longertheoretical. It is a reality today. The country has gone from theworld's largest creditor to its greatest debtor; the value of thedollar is sinking; domestic manufacturing is winding down - andthese trends don't seem to be slowing. Peter Schiff casts a sharp, clear-sighted eye on these factors and explains what the possibleeffects may be and how investors can protect themselves. For morethan a decade, Schiff has not only observed the U. S. economy, butalso helped his clients reposition their portfolios to reflect hisoutlook. What he sees is a nation facing an economic storm broughton by growing federal, personal, and corporate debt, too-littlesavings, a declining dollar, and lack of domestic manufacturing. Crash-Proof is an informed and informative warning of alooming period marked by sizeable tax hikes, loss of retirementbenefits, double digit inflation, even - as happened recently inArgentina - the possible collapse of the middle class. However, Schiff does have a survival plan that can provide the protectionthat readers will need in the coming years.