Book description
Bestselling author John Talbott outlines the troublesome economic
times ahead and what can be done about them
Tough times are here, and author John Talbott-who accurately
predicted the dot. com technology stock collapse as well as the recent
housing, mortgage, and financial crises-argues that the coming global
recession will be unlike anything we've ever seen.
In Contagion, Talbott turns his attention to this crisis and
offers insights on what can be done to navigate such treacherous
terrain. Talbott sets the stage by discussing how government borrowing
and spending on the war, healthcare, Social Security, and corporate
giveaways combined with dramatic increases in personal spending,
fueled by credit card and mortgage debt, have funded unsustainable
levels of personal and government consumption.
- Offers practical suggestions as to how investors and homeowners
can best weather this storm with straightforward advice on where
to invest
- Examines real estate and housing issues to help you make the
best decisions possible in this arena
- Details the best ways to utilize stocks, bonds, TIPS, and
commodities, and to prosper during this global crisis
- If you really want to protect yourself from the unfolding
economic crisis, then Contagion is the book you need to
read.
JOHN R. TALBOTT is a bestselling author, a former
investment banker for Goldman Sachs, and previously a visiting scholar
at UCLA's Anderson School of Management. For the last decade, he has
been writing full-time as an author, publishing six books and numerous
peer-reviewed academic journal articles on economics and politics. His
books include
Slave Wages; The Coming Crash in the Housing Market;
Where America Went Wrong: And How to Regain Her Democratic Ideals;
Sell Now!: The End of the Housing Bubble; and
Obamanomics. Talbott has served as an economic advisor to a
number of developing countries, including Jordan and Russia. He has
appeared live on CNN, Fox News, CNNfn, CNBC, MSNBC, and CBS, and has
published articles in the
Wall Street Journal, Boston Globe,
Philadelphia Examiner, San Francisco Chronicle, and
Financial
Times.
