Debt, Deficits, and the Demise of the American Economy
Peter J. Tanous & Jeff Cox
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What investors can do to protect their investments in the nextphase of the ongoing global economic collapse
The United States is heading toward an unavoidable financialcatastrophe that will paralyze the markets and the overall economyin ways never before seen. Some call this impending economiccatastrophe a double-dip recession, others a financialArmageddon.
Regardless of what it's called, it is too late to stop it.Debts, Deficits, and the Demise of the American Economy is alook at how we got here, how the crisis is unfolding, and how itwill end with a stock market crash in 2012, if not sooner.
Takes you through the unraveling of the collapse, starting witha wave of sovereign debt defaults in EuropePredicts a stock market decline of two to three thousandpoints, a run on banks resulting in a major bank crisis, andrampant inflationProvides investment strategies, including alternativeinvestments such as timber, farm land, and oilOffers a detailed proposal to get the United States out of thecrisis
Debts, Deficits, and the Demise of the American Economyis a must-read, play-by-play account of the worldwide depressionthat is likely to unfold in the coming years.