Conquer the Crash: You Can Survive and Prosper in a Deflationary Depression

Conquer the Crash with This Important Book: All of the analysis and insight from the original edition is included in the new second edition. But Prechter has added 188 pages of entirely new material, and every one of the book’s pages is worth reading and re-reading, even if your copy of the original edition is coffee-stained and dog-eared.

In the mid-2000s, optimists encouraged all kinds of risky behavior, such as: investing in stocks (“for the long run”), real estate (“it never goes down”), oil (“the world has run out”), commodities (“China must have them”), derivatives (“they will protect you”), hedge funds (“quants have it all figured out”) and countless default-prone IOUs (“they’re AAA rated and guaranteed by AIG!”). Everyone agreed that deflation was impossible. The people who read Conquer the Crash got a different story.

If you were fortunate enough to have read the first edition of Robert Prechter’s Conquer the Crash, your money was safe and sound as stocks, real estate, commodities and many bonds plummeted. The book reads like an ongoing script of what has happened so far. If the author is right, the most intense portion of the financial crisis is yet to come, and those who are properly positioned will not just survive, but prosper. So you can still benefit from this book.

This second edition is being published near another peak in social optimism, with the S&P stock index back above 1000, high-profile bears calling for hyperinflation, economists assuring us that the recession is over and authorities announcing that they have saved the financial system. If you trust the experts that markets will soar, that all is well and your finances are safe, read this book before it’s too late. If you act soon, it could save your financial life.

Contents:

• A Myth Exposed
• When Do Depressions Occur?
• When Do Stock Markets Turn from Up to Down?
• The Position of the Stock Market Today
• Evidence from Stock Participation and Economic Performance
• The Significance of Historically High Stock Market Valuation
• The Significance of Historically Optimistic Psychology
• Implications for the Stock Market and the Economy
• When Does Deflation Occur?
• Money, Credit and the Federal Reserve Banking System
• What Makes Deflation Likely Today?
• Timing Deflations: The Kondratieff Cycle
• Can the Fed Stop Deflation?
• Making Preparations and Taking Action
• Should You Invest in Bonds?
• Should You Invest in Real Estate?
• Should You Invest in Collectibles?
• Should You Invest in “Cash”?
• How To Find a Safe Bank
• Should You Speculate in Stocks?
• Should You Invest in Commodities?
• Should You Invest in Precious Metals?
• What To Do With Your Pension Plan
• What To Do With Your Insurance and Annuities
• Reliable Sources for Financial Warnings
• How To Ensure Your Physical Safety
• Preparing for a Change in Politics
• How To Identify a Safe Haven
• Calling in Loans and Paying Off Debt
• What You Should Do If You Run a Business
• What You Should Do with Respect to Your Employment
• Should You Rely on Government To Protect You?
• A Short List of Imperative “Do’s” and Crucial “Don’ts”
• What To Do at the Bottom of a Deflationary Crash and Depression

Conquer the Crash: You Can Survive and Prosper in a Deflationary Depression By Robert R. Prechter pdf