New York Times bestselling financial author and economist, Peter Schiff, warns of the inevitable bankruptcy facing America and lays out not only how we got here, but what we can do about it
In The Real Crash, Peter Schiff details the issues facing our current economy and predicts that if changes are not made, the worse crash is still to come. Schiff argues that the American consumers are to blame, and that the government is exacerbating the situation by creating bailouts and stimulus plans that are merely blowing the bubble back up instead of revamping the broken system.
Schiff’s prescription is this: we need to consume less and save more while companies invest for the long-term and the government tightens its belt. Perhaps most shockingly, Schiff declares that the only good solution is the one that no politician, debt commission, or TV talking head is proposing: America needs to acknowledge the reality, default and declare bankruptcy and begin reforming our broken system from the ground up.
PETER D. SCHIFF is an American investment broker, author, and financial commentator, and was a candidate in the 2010 Republican primary for the United States Senate seat from Connecticut. He frequently appears as a guest on CNBC and Fox News, and is the host of the radio show and podcast The Peter Schiff Show.He is the author of the New York Times bestselling Crash Proof and Crash Proof 2.0, as well as The Little Book of Bull Moves in Bear Markets, which was also a Business Week bestseller.
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Peter Schiff – The Real Crash: America’s Coming Bankruptcy
Peter Schiff, CEO of Chief Global Strategist of Euro Pacific Capital, talks to Cambridge House Live’s Jonathan Roth, at the World Resource Investment Conference in Vancouver – June 4, 2012.
Peter Schiff [The Real Crash] v. Paul Krugman [End This Depression Now]
We live in exciting yet nerve-racking times. In Peter Schiff’s new book “The Real Crash: America’s Coming Bankruptcy — How to Save Yourself and Your Country” he outlines the mess our country is in, how we got here, and how you can protect yourself and your money. Peter released his book twenty-two days after Paul Krugman’s new book “End This Depression Now” was released. Paul calls for more spending, larger deficits, and shortsighted thinking. Peter calls for smaller government, deregulation, and long-term sustainability of real growth.
The mainstream media has given Paul Krugman a lot of attention to promote his new book while Peter is shut off. We need your help to keep his book amongst the top selling books, giving him credibility and leverage for further promotion of Schiff and his message of liberty and real prosperity. Even without the mainstream attention, Peter’s book sales has been able to stay on top and beat out Krugman’s big government spending propaganda. Let’s keep up the fight!