Everyone that has read anything on this blog should really read this book - "Crash Proof: How to Profit From the Coming Eceonomic Collapse". This book gave me a framework that I was able to use to put all the Wall Street hype in perspective. Everything that is happening today was addressed in this book when it was published in 2006. I wish I had this to read years ago! If you're not interested in reading it at least listen to the author talk about it.
The author, Peter Schiff, hosts a weekly radio broadcast and talked about the bail out bill and many of the things in his book in this week's show. To listen to the show click here. I usually download to my phone and listen to it while driving.
If you you're interested, and I hope you are as much as I am, check out his firm's website at www.europac.net and click "Resources" for a number of great video interviews, commentaries and other useful sources.
Unfortunately I know that not everyone can take the invesment advice given but the economic perspective is crucial to understand regardless.
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Friday, October 3, 2008
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