Descubre un mundo infinito de historias
Negocios y economía
A startling look at how unsustainable debt levels, in the US and around the world, are endangering many standard investments, and what people need to know to protect their money
Most individuals and institutions hold the preponderance of their investments in common stocks, corporate bonds, mutual funds, index funds, muni bonds, money markets, bank CDs, and Treasury securities. But these conventional investments will not do well in a world dominated by corrupt, debt-laden governments and thieving bankers, brokers and middlemen.
Finance guru John R. Talbott, prescient predictor of the financial crisis and the housing market crash, offers a new paradigm for the coming economic reality. He shows how the recent housing collapse and global economic crisis left governments of the world with enormous annual operating deficits at a time when the banking system continues to struggle with bad debts and requires additional government guarantees and bailouts. Add the fact that growth is constrained because the first wave of the baby boom is hitting 65 and consumers are still loaded with unsustainable levels of debt, and you have a recipe for an economic catastrophe. In this uncertain atmosphere, Talbott offers clear strategies on what you can do to protect your investments and your family.
Among the global dynamics covered are:
*the low-wage threat of China and India *the legitimacy of gold investing *the false security of diversification *the risks of sovereign debt
. . . and why most economists are missing the boat.
© 2025 St. Martin's Press (eBook): 9781137000040
Fecha de lanzamiento
eBook: 14 de marzo de 2025
Acceso ilimitado
Modo sin conexión
Modo Infantil
Cancela en cualquier momento
Para los que quieren escuchar y leer sin límites.
1 cuenta
Acceso ilimitado
Escucha y lee los títulos que quieras
Modo sin conexión + Modo Infantil
Cancela en cualquier momento
Español
América Latina