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From the Inside Flap
Despite all-time highs in the stock market and a widening narrative that "the economy is improving," a critical analysis of the current situation leads to a far more disturbing conclusion. The same authors that correctly predicted the financial crisis of 2008 and 2009 and foresaw the playbook that government leaders and the Federal Reserve would use to re-inflate asset bubbles, have laid out their vision of how the economic house of cards will crumble. This fully updated third edition of Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown provides readers with an insightful analysis of the economic drivers that have created the illusion of a recovery and a false sense of security among investors. The authors have correctly predicted the path of the economy since before the global financial crisis and now they see things ending badly in the very near future. Are you prepared? Aftershock, Third Edition is your must-have investment guide for understanding what's really happening in the global economy and how to protect yourself—and even profit—in the turbulent times ahead.
From the Back Cover
THIS "RECOVERY" IS 100% FAKE
The authors who correctly predicted the financial collapse of 2008–2009 are once again warning Wall Street and Main Street investors alike to prepare for the coming Aftershock—and this time even massive government intervention won't be able to stop it. Despite all-time highs in the stock market and lots of "happy talk" from the economic cheerleaders, the current so-called "recovery" is far more fairytale than fact. This economy is in far worse shape than the experts want you to know. And it's not too late to protect yourself. Based on the authors' unmatched track record of accurate predictions in their earlier bestsellers, this third edition of Aftershock entirely updates the second edition by more than 30 percent, packed with new analysis and advice about how to see and prepare for the global bubble pop and mega-recession ahead. New Aftershock insights and guidance not found anywhere else include:
- How the latest monetary stimulus will help, and then damage, the economy—and your investments
- Short and longer term investment strategies for protection and profits in the Aftershock
- How to see the truth about the U.S. economy, while there's still time to prepare
From the reviews of the critically acclaimed First Edition:
"Their scenario is dark, and their strategies bold and unconventional. But after being on target the last time they went against the grain, the Wiedemers merit being heard out."
—The Associated Press
"Surrounded as we are by growing talk of recovery and news about 'green shoots,' it's still refreshing to consider the different perspective that Wiedemer, Wiedemer, and Spitzer offer here."
—Robert J. Hughes, SmartMoney
"Aftershock makes a compelling argument for a chilling conclusion. Their track record demands our attention."
—Sam Stovall, Chief Investment Strategist, Standard & Poor's
"The fragility of today's economy demands that we, as investors, allocate our assets with more prudence and focus than ever before. The authors' prescience in their first book lends credence to their new warnings. This book deserves our attention."
—Robert Friedman, former CFO, Goldman Sachs
"Their first book, America's Bubble Economy, was one of those rare finds that not only predicted the subprime credit meltdown well in advance, it offered Main Street investors a winning strategy. Now they've done it again."
—Paul B. Farrell, JD, PhD, Senior Columnist, Dow Jones/MarketWatch
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