Michael J. Panzner - Financial Armageddon
From desperate interest rate cuts and chaos in global financial markets to the sub-prime mortgage crisis and a fast-crumbling tower of public and private debt, Wall Street insider Michael J. Panzner exposes the cracks in the dike, the looming economic threats, and the vast array of promises and obligations that will ultimately go unfulfilled.
How did we get to this place, and how can we protect ourselves from the fallout?
This revised and updated edition features a new introduction by the author on the predictions that have come to pass since the book was first published. It also provides a financial bomb shelter for every American by identifying the most pressing risks we face today as well as what we can do to survive the crisis:
* How an unraveling economy will affect each one of us
* When to sell, what to buy, and where to invest as the crisis unfolds
* The social, political, and geopolitical fallout from widespread financial upheaval
Everyone must learn of the disaster-in-the-making so they can protect themselves, their families, and their economic well-being—before it’s too late. Financial Armageddon is today’s call to action.
Tags: debt, disaster, economy, financial upheaval, stimulus
November 3rd, 2008 at 12:20 pm
Reading Michael’s book saved me much of the money I have earned and saved over the past 20 years. Had I not read the book, I would have hesitated when the warning signs indicated the “bear” was upon us. Although I was mauled, I was not eaten alive like many. Unfortunately, once the “bear” has you, it eats you slowly (just read Alaskan Bear Tales). I see many being slowly eaten by the “bear” and too afraid to run, thinking it will get better. Armed with the understanding of what is behind all this, I had the confidence to run, even when doing so required considerable resolve and confidence, which was contrary to what my “financial advisors” were “advising”.