Debt, Deficits, and the Demise of the American Economy (Hardcover)
What investors can do to protect their investments in the next phase of the ongoing global economic collapse
The United States is heading toward an unavoidable financial catastrophe that will paralyze the markets and the overall economy in ways never before seen. Some call this impending economic catastrophe a double-dip recession, others a financial Armageddon.
Regardless of what it's called, it is too late to stop it. "Debts, Deficits, and the Demise of the American Economy" is a look at how we got here, how the crisis is unfolding, and how it will end with a stock market crash in 2012, if not sooner. Takes you through the unraveling of the collapse, starting with a wave of sovereign debt defaults in Europe Predicts a stock market decline of two to three thousand points, a run on banks resulting in a major bank crisis, and rampant inflation Provides investment strategies, including alternative investments such as timber, farm land, and oil Offers a detailed proposal to get the United States out of the crisis
"Debts, Deficits, and the Demise of the American Economy" is a must-read, play-by-play account of the worldwide depression that is likely to unfold in the coming years.
About the Author
PETER J. TANOUS is president and a director of Lynx Investment Advisory, LLC, of Washington DC, a SEC registered investment advisory firm. In prior years, Mr. Tanous was First Vice President and International Regional Director with Smith Barney and a member of the executive committee of Smith Barney International, Inc. He served for ten years as executive vice president and a director of Bank Audi (USA) in New York, and was earlier chairman of Petra Capital Corporation in New York.
A graduate of Georgetown University, Peter Tanous has served as a member of the Board of Advisors of Georgetown's College of Arts and Sciences and is a member of the Georgetown University Library Board. He serves on the university's investment committee.
Mr. Tanous' first book, "Investment Gurus" received wide critical acclaim in financial circles and was chosen as a main selection of "The Money Book Club". His subsequent book, " The Wealth Equation", was also chosen as a "Money Book Club" main selection. His latest book, " Investment Visionaries", was published in August 2003 by Penguin Putnam.
He is a frequent commentator on Bloomberg TV and a frequent guest on WTOP radio in Washington, DC, on the economy and the stock market. He has been quoted in the "New York Times, Wall Street Journal, " and featured in Gretchen Morgenson's Sunday "New York Times" column on the market.
A long time resident of New York City, Tanous now lives in Washington D.C
Jeff Cox is the co-author or author of seven works of business fiction, which include"The Goal", "Zapp", "The Quadrant Solution", "Heroz", "The Venture", "Selling the Wheel" and "The Cure". Both "Zapp" and "The Goal" ranked first and second, respectively, on a list of bestselling business books from the 1990s. Jeff and his family live near Pittsburgh, PA.