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I have been a follower of Peter Schiff since I ran across some of his blogs on YouTube about six months ago. After listening to this book I have a much better feel for what is coming and what I can do to protect myself and my money if and when the forecasts in this book occur.
My only gripe about the book is that the first 3/4ths of the book mostly cover stuff that has already happened and the last 1/4th is where we learn what can be done to prepare for the future events still coming. The beginning can still be informative for those who are unaware of why the economy collapsed and has temporarily rebounded like it did but the end is where the real substance is.
11 of 11 people found this review helpful
The crazy thing about this book is the economic concepts seem so simple and logical yet Wall Street, Politicians and Americans never saw any of this coming (including myself).
The first half of the book does a great job of discussing "Classical Economics" and explains how the US has gotten into the economic situation we are in and what the effect will be going forward. The second part of the book is focused on investing accordingly.
Whether you are an investor or just a student of current economic policy and government I think you will find the book very powerful.
This book is the original book written in 2006 with a lengthy 2009 update at the end of each chapter. DON'T buy Crash Proof 1.0 as you will miss out on all the 2009 updates which are critical.
7 of 7 people found this review helpful
Crash proof 2 Crash Proof plus a couple of hours update in 2009
Which means there is no point buying Crash proof
The book is great but I would like to get my money back on The first edition - as cheap as that sounds
If you have less than £200k to invest you may not get you money's worth
But he answers a lot of questions - especially about the recent rise in the gold price and makes me feel more confident about my current portfolio and financial decisions.
i'm not sure about his confidence for Stirling - but he has left me a bit more confident about the euro
1 of 1 people found this review helpful