The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market Pento Michael G.
The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market Pento Michael G. The coming financial apocalypse and what government and individuals can do to insulate themselves…
Specifikacia The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market Pento Michael G.
The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market Pento Michael G.
The coming financial apocalypse and what government and individuals can do to insulate themselves against the worst shocksIn this controversial book a noted adherent of Austrian School of Economics theories advances the thesis that the United States is fast approaching the end stage of the biggest asset bubble in history. Michael Pento examines how policies followed by both the Federal Reserve and private industry have contributed to the impending interest rate disaster and highlights the similarities between the US and European debt crisis. He describes how the bursting of the bubble will cause a massive interest rate shock that will send the US consumer economy and the US government--pumped up by massive Treasury debt--into bankruptcy, an event that will send shockwaves throughout the global economy.
Pento also provides well-reasoned But the book isn't all doom and gloom.