Profiting from the world's economic crisis
Subtitle: finding investment opportunities by tracking global market trends
By: Bud Conrad.
Publisher: Wiley
Published: 2010
Place of publication: Hoboken, N.J
Language: eng
Number of pages: 446
ISBN-13: 9780470460351
Subjects: Financial crises -- United States; United States -- Economic conditions -- 21st century; United States -- Economic policy -- 2009-
Description: "In Profiting from the World's Economic Crisis, author Bud Conrad, Chief Economist for Casey Research, predicts a rough road ahead for us - due to economic imbalances that have built up over the past decade - but reveals how you can prosper during these difficult times by tracking global market trends and finding investment opportunities that match those trends." "With this book, Conrad outlines the long-term direction of our economy as driven by increasing U.S. government and trade deficits, oil prices, Social Security and Medicare obligations for baby boomers, the credit crisis, and the weakening dollar. He also examines why some of the government's actions - such as bailing out banks and curbing interest rates - fail to address more serious, long-term issues such as too much debt." "The crisis we have entered is not a typical business recession, but, instead, a major deleveraging which is the biggest shift since the Great Depression. The stagflation of the U.S. economy will present great challenges on a global scale. And since no market travels in a straight line, you need to be positioned correctly, with the right investments, to protect yourself and profit from the twists and turns you'll inevitably face in today's turbulent economic environment." "Profiting from the World's Economic Crisis deftly addresses how to gain your financial footing during these difficult times by highlighting global investment opportunities - such as gold, interest rates, currency, and commodities - that are likely to help you profit in the coming years."--BOOK JACKET.
Notes: Includes index.
Table of contents: title: The budget deficit drives the growth of all debt; title: The trade deficit and U.S. dependency on foreign investments; title: The big costs of healthcare, social security, and the military; title: The Federal Reserve prints our money (stop the presses!); title: The importance of debt for predicting our economy; title: The big-picture model of our economy; title: What can the 1929 Great Depression teach us about today's crisis?; title: What the U.S. can learn from Japan's lost decade(s) : 1989-2009; title: What the U.S. can learn from German and other European hyperinflations and from China today.