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    The Real Crash (Pre-recorded digital audio player) By (author) Peter D Schiff, Read by Oliver Wyman

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    DescriptionYou might be thinking everything's okay: the stock market is on the rise, jobs are growing, the worst of it is over. You'd be wrong. In The Real Crash, New York Times bestselling author Peter D. Schiff argues that America is enjoying a government-inflated bubble, one that reality will explode . . . with disastrous consequences for the economy and for each of us. Schiff demonstrates how the infusion of billions of dollars of stimulus money has only dug a deeper hole: the United States government simply spends too much and does not collect enough money to pay its debts, and in the end, Americans from all walks of life will face a crushing consequence. We're in hock to China, we can't afford the homes we own, and the entire premise of our currency---backed by the full faith and credit of the United States---is false. Our system is broken, Schiff says, and there are only two paths forward. The one we're on now leads to a currency and sovereign debt crisis that will utterly destroy our economy and impoverish the vast majority of our citizens. However, if we change course, the road ahead will be a bit rockier at first, but the final destination will be far more appealing. If we want to avoid complete collapse, we must drastically reduce government spending---eliminate entire agencies, end costly foreign military escapades and focus only on national defense---and stop student loan or mortgage interest deductions, as well as drug wars and bank-and-business bailouts. We must also do what no politician or pundit has proposed: America should declare bankruptcy, default on its debts, and reform our system from the ground up.Persuasively argued and provocative, The Real Crash explains how we got into this mess, how we might get out of it, and what happens if we don't. And, with wisdom born from having predicted the Crash of 2008, Peter Schiff explains how to protect yourself, your family, your money, and your country against what he predicts.


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    Title
    The Real Crash
    Authors and contributors
    By (author) Peter D Schiff, Read by Oliver Wyman
    Physical properties
    Format: Pre-recorded digital audio player
    Width: 140 mm
    Height: 184 mm
    Thickness: 25 mm
    Weight: 172 g
    Language
    English
    ISBN
    ISBN 13: 9781427227461
    ISBN 10: 1427227462
    Classifications

    B&T Book Type: NF
    BIC E4L: ECO
    Nielsen BookScan Product Class 3: S4.5
    B&T Merchandise Category: AUD
    BIC subject category V2: JPQB
    B&T Modifier: Academic Level: 05
    BIC subject category V2: KFFM, KCP
    B&T General Subject: 180
    BISAC V2.8: BUS022000
    DC22: 330.973
    Warengruppen-Systematik des deutschen Buchhandels: 87830
    BISAC V2.8: BUS036000, POL024000, POL023000
    DC21: 330.973
    Ingram Subject Code: JB
    Libri: I-JB
    LC subject heading: , ,
    LC classification: HC106.84 .S35 2012D
    Edition
    Unabridged
    Edition statement
    Unabridged
    Publisher
    MACMILLAN AUDIO
    Imprint name
    MACMILLAN AUDIO
    Publication date
    08 May 2012