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Aftermath
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Finally, It has arrived!
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Performance5 out of 5 stars 91
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4 out of 5 stars
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Very Good Book
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- Unabridged
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Overall4 out of 5 stars 63
-
Performance4.5 out of 5 stars 54
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A book that is certain to spark controversy within the financial media and throughout the halls of government, The Coming Bond Market Collapse sounds a clarion call to investors, business leaders, and policymakers. Author Michael Pento, a noted adherent of the Austrian school of economics theories, compellingly argues that the United States is fast approaching the end stage of the biggest asset bubble in history.
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2 out of 5 stars
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Nothing new, just a regurgitation of many others
- By DXW on 12-08-13
Publisher's Summary
In his most prescriptive book to date, financial expert and investment advisor James Rickards shows how and why our financial markets are being artificially inflated - and what smart investors can do to protect their assets
What goes up, must come down. As any student of financial history knows, the dizzying heights of the stock market can't continue indefinitely - especially since asset prices have been artificially inflated by investor optimism around the Trump administration, ruinously low interest rates, and the infiltration of behavioral economics into our financial lives. The elites are prepared, but what's the average investor to do?
James Rickards, the author of the prescient books Currency Wars, The Death of Money, and The Road to Ruin, lays out the true risks to our financial system, and offers invaluable advice on how best to weather the storm. You'll learn, for instance:
- How behavioral economists prop up the market: funds that administer 401(k)s use all kinds of tricks to make you invest more, inflating asset prices to unsustainable levels.
- Why digital currencies like Bitcoin and Ethereum are best avoided.
- Why passive investing has been overhyped: The average investor has been scolded into passively managed index funds. But active investors will soon have a big advantage.
- What the financial landscape will look like after the next crisis: It will not be an apocalypse, but it will be radically different. Those who forsee this landscape can prepare now to preserve wealth.
Provocative, stirring, and full of counterintuitive advice, Aftermath is the book every smart investor will want to get their hands on--as soon as possible.