Dewey Edition22
Reviews"But as bitter as it is, 'Aftershock's' message-that America has yet to pay its bills-deserves an audience. After all, the authors were right once before." - Michael Casey , MarketBeat, blogs.wsj.com/marketbeat, November 2009 " ... surrounded as we are by growing talk of recovery and news about 'green shoots,' it's still refreshing to consider the different perspective that Wiedemer, Wiedemer and Spitzer offer here." - Robert J. Hughes , Smart Money, December 2009 "Their scenario is dark, and their strategies bold and unconventional. But after being on target the last time they went against the grain, the Wiedemers merit being heard out." (The Associated Press, December 2009) "This is a page turner, but it will be slow reading from the standpoint of having to constantly stop and make notes in the margin or pause to see how a particular point directly effects the reader's own situation. Reading this book will make you aware of economics like you've never previously been aware." - James Holland , Basil & Spice, December 2009
Dewey Decimal332.024
SynopsisAFTERSHOCKA practical guide to preparing for the next phase of the financial meltdown"Their first book, America's Bubble Economy, was one of those rare finds that not only predicted the subprime credit meltdown well in advance, it offered Main Street investors a winning strategy that helped avoid the forty percent losses that followed for many in the meltdown. Now they've done it again. Today they see'more to come, another, bigger global meltdown. And they're right on.'Aftershock will teach you how to protect yourself against an increasingly hostile Wall Street-Corporate America-Washington conspiracy undermining average investors like you. This is your bible, read it, get into action, and be a winner." -Paul B. Farrell, JD, PhD, Columnist, Dow Jones/MarketWatch"Aftershock makes a compelling argument for a chilling conclusion. Their track record demands our attention." -SAM STOVALL, Chief Investment Strategist, Standard & Poor's"The fragility of today's economy demands that we, as investors, allocate our assets with more prudence and focus than ever before. The authors' prescience in their first book lends credence to their new warnings. This book deserves our attention." -Robert Friedman, former CFO, Goldman Sachs"Aftershock is a superb exegesis of how our damaged economy is in for further difficulties. 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." -Stanley Goldstein, founding partner of Goldstein Golub Kessler LLP and founder of the New York Hedge Fund Roundtable"Given the accuracy of their first book's predictions, you have to be worried that their second book could very well be right. Be prepared and read this book." -Philip Gross, founding CFO, America OnlineTheir first book was chosen by Kiplinger's as one of the best business books of the year.From the authors who correctly predicted the first phase of our current economic downturn in their landmark 2006 book, America's Bubble Economy, comes an insightful sequel in which they forecast the next stage of the Bubble Economy. Written in a straightforward and accessible style, Aftershock shows readers how to seek safety and profits in these dynamic economic conditions., From the authors who predicted with unmatched precision the domino impacts of the real estate, stock market, and other bubbles that led to 2008's market meltdown comes the definitive look at what is still to come and what investors can do to protect themselves Just as many are wrongly forecasting a full recovery ahead, Aftershock, now updated and revised, warns of a very different economic future. Home prices and stocks will continue to fall, inflation and unemployment will rise, and the current recession will not automatically cycle back to recovery. Unlike most books, Aftershock goes beyond the outdated notion of "market cycles" to help readers clearly recognize and quickly respond to the rapidly evolving economy. Instead of going back to how things were before, we are moving forward through uncharted territory, with new challenges and opportunities few people anticipate. The book shows you how to: Protect assets before and during the second wave of the financial meltdown Make wise investment decisions regarding stocks, bonds, real estate, and more Know which jobs, careers, and businesses will fare the best Profit from the collapsing bubbles Other titles by Wiedemer, Wiedemer, and Spitzer: America's Bubble Economy Aftershock is easy-to-read, entertaining, and practical book guides readers to seek safety and profits in these evolving economic conditions., A practical guide to preparing for the next phase of the financial meltdownFrom the authors who were the first to predict Phase I of our current economic downturn-in their landmark 2006 book, America's Bubble Economy-comes their insightful sequel discussing their predictions for the next phase of the Bubble Economy.