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

This is an important book that offers a clear and compelling argument that THE WORST IS STILL TO COME. The current "recovery" is a lie. The world-wide massive asset bubble is not even close to fully bursting...and the debt problem, both for sovereign states and the private sector, is overwhelming. Anyone who doubts that major problems lie ahead should just look at dysfunctional conduct of the government over the debt ceiling debate.
The book offers practical advise on how to protect investments and on what business and career options will be the best bet. However, I think the authors actually underestimate the social and economic impact of massive unemployment, and especially they miss the fact that technology will soon make it possible for many businesses to either automate or offshore huge numbers of jobs as they struggle to survive in a harsh economic environment.
Anyone concerned about the future job market and economy should also be sure to read The Lights in the Tunnel: Automation, Accelerating Technology and the Economy of the Future. This book tells the truth that mainstream economists are in denial about: there is a major structural shift coming to the job market and economy, and that combined with the massive debt bubble is going to result in a very dark economic future. Ultimately, the impact may be enough to decimate the social contract and test the viability of democracy.

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

A practical guide to preparing for the next phase of the financial meltdown
From the authors who were the first to predict Phase I of our current economic downturn-in their landmark 2006 book, America's Bubble Economy-comes their insightful sequel discussing their predictions for the next phase of the Bubble Economy.
It may seem like the worst has come and gone, but it hasn't. With their proven track record of accurate predictions-which most financial professionals and economists missed-the authors explain how and why the next phase of the financial meltdown is about to hit. Things are not going back to how they were before. Instead, we are moving through uncharted territory, with new challenges and opportunities that few people can anticipate. Written in a straightforward and accessible style, Aftershock shows readers how to seek safety and profits in these dynamic economic conditions.
Discusses how to protect assets, businesses, and jobs before and during the second wave of financial meltdown
Provides clear and accurate advice on how to profit from the collapsing bubbles
Offer focused guidance regarding real estate, which will continue to be a pressing concern for many

The authors' first book was chosen by Kiplinger's as one of the 30 Best Business Books of 2006, and its accuracy has been hailed by Paul Farrell of Dow Jones MarketWatch when he said "America's Bubble Economy's Predictions, though ignored, were accurate." Don't miss out on these time tested author's proven advice for how to mange your money during the coming financial meltdown.

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