Spot the Next Economic Bubble
Author: Saurabh Thirani
You might be thinking that your financial future is secure? Think again...
The Great Depression of 1930 was the longest and deepest recession in history. Unemployment soared, incomes fell, banks failed, and wealth was destroyed. But how is that relevant today? Unfortunately history has an uncanny knack of repeating itself... and it is just about to do so.
Free-market thinkers from the Austrian School of economics had warned us about the Great Depression, the dot-com bubble, and the US housing crisis of 2008. This book uses their theories to examine the structural weaknesses across the world that point towards a major economic meltdown.
Do not ignore the warning signs. Massive waves of wealth destruction are coming which will will put your entire financial future in peril. The next crisis is going to be like the Great Depression but only much worse.
Read this book to understand what is ahead, how to see it coming, and what to do about it right now, while there's still time to protect yourself
The financial fabric of the world is still looking fragile. The world has still not recovered from the mayhem of the US housing collapse of 2008, and the situation in Europe is getting grimmer. In an attempt to fix the economic problems of today, the governments across the world over have thrown everything at their economy but the kitchen sink (the kitchen sink in itself should follow very soon). They have attempted to take the tiger by the tail. And yet there has been little by way of recovery. Almost every morning the financial dailies report more bad data. Inflation is rising. Incomes are falling. Governments across the world think that their economic policies can fix the problems in the world today. They are wrong... but they dont understand that they are wrong. And what is worse that they dont understand that their actions are creating a far bigger problem for tomorrow.
Spot the Next Economic Bubble will tell you what causes bubbles and how you can spot them. This book will also make you aware of why the major economies in the world are in serious trouble, and more importantly show you what you need to do to preserve your wealth, avoid losses, and insulate yourself against harm. The financial crisis that is on its way is much bigger than what we have ever seen. Never before in our lifetime has our money, wealth, savings, and our entire financial future been in greater danger. The coming crisis is going to be like what we see in Europe today but only much worse. The next decade or so would bring with it massive cycles of wealth destruction with most people losing more than half their wealth. This is what makes this book more relevant now than ever before. It is time that you start learning about economics.
Spot the Next Economic Bubble helps you understand the economic and business cycles without using jargon. More importantly, the book will help you to
- Spot the next boom or bust
- Assess its impact at the macro level
- Understand its implication at the level of your personal wealth
- Take financial decisions that will help you take advantage of the economic cycles
Do you think that only economists can understand about economics? Think again! Spot the Next Economic Bubble will tell you a well-known secret to understand economics, you dont need to be an economist!
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