Audiobook12 hours
The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market
Written by Michael G. Pento
Narrated by Noah Michael Levine
Rating: 5 out of 5 stars
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About this audiobook
Coming Interest Rate Collapse will explain how the bubble was created, what we as a country can do now to ameliorate the crisis and how investors can protect themselves no matter what economic condition prevails. The author first examines how decisions by both the Federal Reserve and private industry contributed to the current impending interest rate disaster and how is similar to the debt crisis in Europe. Retirees will be at particular risk as real estate prices decline, pensions weaken and the bond bubble bursts. There are both government solutions possible but most importantly steps individual investors should be taking to protect their portfolios. They need to understand what to hold between inflation and deflation cycles, what assets to hold during weak/strong dollar periods and why buy and hold is not an effective investing strategy any longer.
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