Author Description

This book conclusively demonstrates that the American stock market and the American economy is poised for a cataclysmic crash exceeding that of 1929. The authors trace the history of recessions and depressions in the United States showing a recurring pattern that has been unbroken since the earliest days of the republic. A complete discussion of the current economic factors which make such a crash not only possible, but inevitable, are clearly stated. The new millennium will be heralded in by the fifth great depression (there have been four previous such periods in American history) exceeding in scope and magnitude all that have previously gone before. Despite the ominous implications of bread lines, foreclosures on an unprecedented scale, bank failures, government counter-measures used only by the worst dictatorships, and bankruptcies forever, the authors offer a prescription for ordinary American citizens to not only avoid the crushing effects of such a crash, but to profit handsomely, as the wealthy in every age have always done.