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| Contagion: The Financial Epidemic That is Sweeping the Global Economy... and How to Protect Yourself from It | 
 enlarge | Author: John R. Talbott
Publisher: Wiley
Category: Book
List Price: $24.95
Buy New: $11.00
You Save: $13.95 (56%)
Buy New/Used from $11.00
Avg. Customer Rating:  (1 reviews)
Sales Rank: 18874
Languages: English (Original Language), English (Unknown), English (Published)
Media: Hardcover
Number Of Items: 1
Pages: 256
Shipping Weight (lbs): 1
Dimensions (in): 9 x 6.1 x 1.1
ISBN: 0470442212
Dewey Decimal Number: 330.973
EAN: 9780470442210
ASIN: 0470442212
Publication Date: December 31, 2008 (New: Last 30 Days)
Availability: Usually ships in 1-2 business days
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| Editorial Reviews:
Product Description
Tough times are ahead and Talbott argues that the coming recession will be on a global scale, affecting economies across the world. We have had no real growth in GDP for the last ten years if purchases with government and personal debt are excluded. In effect, government borrowing and spending on the war and healthcare and Social Security and corporate give-aways combined with dramatic increases in personal spending funded by credit card and mortgage debt have funded unsustainable levels of personal and government consumption. The world's banks are threatened with insolvency due to bad mortgage loans and will not be making new loans for any purposes for a very long time. Consumption, by definition, has to decline. Our financial markets worldwide are in chaos with the inability of any financial house or big hedge fund going bankrupt without pulling down the whole $400 trillion derivatives market and the global financial markets at the same time. With this as a backdrop, Talbott offers practical suggestions as to how homeowners and investors can best weather the coming storm with specific advice on where to invest by type of investment and geographic location. Stocks, bonds, TIPS, commodities, real estate, housing and currencies will all be examined.
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| Customer Reviews:
A book about the future for those who are daring and caring January 1, 2009
1 out of 2 found this review helpful
It is another master piece from John Talbott.
I would recommend this book for those who want to know what the future is to offer and those who have the courage to face the truth.
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