America’s Bubble Economy: Profit When It Pops
Written by Webmaster
- ISBN13: 9780471753674
- Condition: USED – VERY GOOD
- Notes:
Product Description
America’s Bubble Economy is the first book to focus on several simultaneous financial bubbles that are interacting to temporarily boost—and ultimately threaten—the United States and world economies. Filled with expert analysis and straight talk, this book will show you how to turn the coming economic transformation into a once-in-a-lifetime wealth-building opportunity…. More >>
America’s Bubble Economy: Profit When It Pops
February 19th, 2010 at 3:12 am
Very easy to read, and yet quite informative. Buy this book and Conquer the Crash. Rating: 5 / 5
February 19th, 2010 at 4:58 am
Great Analysis! Am not sure that I agree with all of the conclusions, only time will tell. Rating: 4 / 5
February 19th, 2010 at 7:24 am
“America’s Bubble Economy” tells us what we already have heard countless times – the stock market, consumer spending, home values, the trade deficit, consumer debt, and the government deficit are all UP SHARPLY! Japan and China now hold our future in their hands!
Recommendations include 1)avoid real estate, except for personal use (why not also recommend renting?), buy gold, commodities, and Euros (won’t that create new bubbles?), stash cash in short-term funds, avoid jobs in the capital sector (most have already moved to China; what about service jobs vulnerable to India?), and become employed in healthcare or transportation (what about the current slide in trucking jobs and President Bush’s efforts to let Mexican truckers in?).
Yes, I do think we have serious problems – however, “America’s Bubble Economy” is too simplistic. Rating: 2 / 5
February 19th, 2010 at 10:08 am
There are five bubbles in the economy, and thats not including the false promises of Social security and medicare.
Its not even including the fact that we are in peak oil.
The reality is that we have Real Estate overpriced and beginning to fall towards a crash.
The dollar approaching 80, after that its a spiral downward.
Consumer Debt is at its highest in history. People are litteraly in debt to their eyeballs.
An international trade deficit with China that may well make us one of the poorest nation in the coming future.
A national Debt of 7 billion/week.
Do not ignore the warning signs.
This book will tell you how to get prepaired. Rating: 5 / 5
February 19th, 2010 at 11:22 am
Eric Janszen saves this book with his revelatory chapter on gold. The rest of this comes off as silly dreck. My sense is the main authors are pseudo-experts, like the people who write the financial articles in your local newspaper. They try to please but lack the horsepower to pull the wagon. I wasn’t satisfied with their shallow reasoning and I found several revealing errors. The gold into euros trade on page 147 was particularly erroneous. And Buffett has two ts.
In the end, this looks like a committee effort, complete with the boss’s pet theory at the end. Prepare for some loose thinking and an annoyingly chirpy tone.
Sadly, this one underplays the hideous slow-motion train wreck we are really and truly experiencing. I found the notion that I could “profit when it pops” rather tacky and evidence that the writer is still in the grip of greedy bubble emotions. Rating: 3 / 5