Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown

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Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown

by Cindy Spitzer, David Wiedemer, Robert A. Wiedemer

Wiley | March 31, 2014 | Hardcover

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From the authors who accurately predicted the bursting of the global bubble economy comes the definitive look at what lies ahead in 2013 and beyond

Written by the market oracles who predicted, with uncanny accuracy, the global financial meltdown and the economic chain reaction it set in motion, Aftershock offers a vivid picture of what to expect when the world's bubble economy inevitably pops. More importantly, it tells you how to protect your assets before and during the coming Aftershock and how to capitalize on the new opportunities that others will miss.

Building on the valuable insights and proven predictions of their previous books, the authors of Aftershock, Third Edition offer their latest thinking and advice as the economy moves even closer to the coming aftershock.

  • Explains why and how the stock market, real estate, consumer spending, private debt, dollar, and government debt bubbles will burst, driving up unemployment, devaluing the dollar, and causing deep recession around the globe
  • Updated to include the latest developments, such as new coverage of monetary stimulus and a more global focus (with special attention to Europe and China)
  • Offers new actionable insights about protection and profits in an increasingly confusing investment environment

Format: Hardcover

Dimensions: 384 pages, 9.35 × 6.35 × 1.3 in

Published: March 31, 2014

Publisher: Wiley

Language: English

The following ISBNs are associated with this title:

ISBN - 10: 1118375629

ISBN - 13: 9781118375624

Found in: Personal Finance

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– More About This Product –

Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown

by Cindy Spitzer, David Wiedemer, Robert A. Wiedemer

Format: Hardcover

Dimensions: 384 pages, 9.35 × 6.35 × 1.3 in

Published: March 31, 2014

Publisher: Wiley

Language: English

The following ISBNs are associated with this title:

ISBN - 10: 1118375629

ISBN - 13: 9781118375624

Table of Contents

Executive Summary xiAcknowledgments xiiiPreface to the Third Edition of Aftershock xvIntroduction: Your Guide to the Third Edition of Aftershock xixPart 1 The Coming Aftershock 1Chapter 1 This Recovery Is 100 Percent Fake 3Isn’t a Fake Recovery Better than No Recovery at All? 5If the Aftershock Has Not Been Canceled, Why Hasn’t It Happened Yet? 7Still Not Sure This Recovery Is 100 Percent Fake? 17Don’t Believe the Stimulus Has to Eventually End? There Is a Limit to What the Government Can Do 23Wondering Why the Aftershock Hasn’t Happened Already? “Animal Spirits” Are Keeping Are Keeping Us Going 24Please Prepare Now 27Chapter 2 America’s Bubble Economy 31Because Our Earlier Books Were Right, Now You Can Be Right, Too 36Didn’t Other Bearish Analysts Get It Right, Too? 39How the “Experts” Got It So Wrong 41Predictions from Ben Bernanke and Henry Paulson—We Trust These Officials with Our Economy 46Where We Have Been Wrong 47Chapter 3 Phase 1: The Bubbles Begin to Burst 53Bubbles “R” Us: A Quick Review of America’s Bubble Economy 54From Boom to Bust: The Virtuous Upward Spiral Becomes a Vicious Downward Spiral 60Pop Goes the Real Estate Bubble 61Pop Goes the Stock Market Bubble 68Pop Goes the Private Debt Bubble 72Pop Goes the Discretionary Spending Bubble 76The Biggest, Baddest, Bad Loan of Them All 79Chapter 4 The Market Cliff 83The Market Cliff Won’t Be Just a “Down Cycle” 84Hitting the Market Cliff 89The Last Resort: A Stock Market Holiday 94When Is the Best Time to Get Out o
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From the Publisher

From the authors who accurately predicted the bursting of the global bubble economy comes the definitive look at what lies ahead in 2013 and beyond

Written by the market oracles who predicted, with uncanny accuracy, the global financial meltdown and the economic chain reaction it set in motion, Aftershock offers a vivid picture of what to expect when the world's bubble economy inevitably pops. More importantly, it tells you how to protect your assets before and during the coming Aftershock and how to capitalize on the new opportunities that others will miss.

Building on the valuable insights and proven predictions of their previous books, the authors of Aftershock, Third Edition offer their latest thinking and advice as the economy moves even closer to the coming aftershock.

  • Explains why and how the stock market, real estate, consumer spending, private debt, dollar, and government debt bubbles will burst, driving up unemployment, devaluing the dollar, and causing deep recession around the globe
  • Updated to include the latest developments, such as new coverage of monetary stimulus and a more global focus (with special attention to Europe and China)
  • Offers new actionable insights about protection and profits in an increasingly confusing investment environment

From the Jacket

THIS "RECOVERY" IS 100% FAKE

The authors who correctly predicted the financial collapse of 2008–2009 are once again warning Wall Street and Main Street investors alike to prepare for the coming Aftershock—and this time even massive government intervention won't be able to stop it. Despite all-time highs in the stock market and lots of "happy talk" from the economic cheerleaders, the current so-called "recovery" is far more fairytale than fact. This economy is in far worse shape than the experts want you to know. And it's not too late to protect yourself. Based on the authors' unmatched track record of accurate predictions in their earlier bestsellers, this third edition of Aftershock entirely updates the second edition by more than 30 percent, packed with new analysis and advice about how to see and prepare for the global bubble pop and mega-recession ahead. New Aftershock insights and guidance not found anywhere else include:

  • How the latest monetary stimulus will help, and then damage, the economy—and your investments
  • Short and longer term investment strategies for protection and profits in the Aftershock
  • How to see the truth about the U.S. economy, while there's still time to prepare

From the reviews of the critically acclaimed First Edition:

"Their scenario is dark, and their strategies bold and unconventional. But after being on target the last time they went against the grain, the Wiedemers merit being heard out."
—The Associated Press

"Surrounded as we are by growing talk of recovery and news about 'green shoots,' it's still refreshing to consider the different perspective that Wiedemer, Wiedemer, and Spitzer offer here."
—Robert J. Hughes, SmartMoney

"Aftershock makes a compelling argument for a chilling conclusion. Their track record demands our attention."
—Sam Stovall, Chief Investment Strategist, Standard & Poor's

"The fragility of today's economy demands that we, as investors, allocate our assets with more prudence and focus than ever before. The authors' prescience in their first book lends credence to their new warnings. This book deserves our attention."
—Robert Friedman, former CFO, Goldman Sachs

"Their first book, America's Bubble Economy, was one of those rare finds that not only predicted the subprime credit meltdown well in advance, it offered Main Street investors a winning strategy. Now they've done it again."
—Paul B. Farrell, JD, PhD, Senior Columnist, Dow Jones/MarketWatch

About the Author

David Wiedemer, Phd, is a world leader in macro-evolutionary economic analysis. His work in information dynamics, technological evolution, and economic history form the basis for the predictions in Aftershock. Dr. Wiedemer is the Chief Economist for Absolute Investment Management. He holds a doctorate in economics from the University of Wisconsin-Madison.

Robert A. Wiedemer is a Managing Director of Absolute Investment Management, a macro-focused money management firm that is in alignment with the macroeconomic analysis and perspective of Aftershock.

Cindy Spitzer is an award-winning author who has collaborated on more than twenty books since 1993 including Chicken Soup for the Soul, Buy and Hold Is Dead (Again), America's Bubble Economy, and many others. She is President of Aftershock Consultants, a consulting firm that provides support and insights to individuals, families, and businesses, based on the ideas in Aftershock.