The economic tipping point for the United States is no longer theoretical. It is a reality today. The country has gone from the world's largest creditor to its greatest debtor; the value of the dollar is sinking; domestic manufacturing is winding down - and these trends don't seem to be slowing. Peter Schiff casts a sharp, clear-sighted eye on these factors and explains what the possible effects may be and how investors can protect themselves. For more than a decade, Schiff has not only observed the U.S. economy, but also helped his clients reposition their portfolios to reflect his outlook. What he sees is a nation facing an economic storm brought on by growing federal, personal, and corporate debt, too-little savings, a declining dollar, and lack of domestic manufacturing. Crash-Proof is an informed and informative warning of a looming period marked by sizeable tax hikes, loss of retirement benefits, double digit inflation, even - as happened recently in Argentina - the possible collapse of the middle class. However, Schiff does have a survival plan that can provide the protection that readers will need in the coming years.

The economic tipping point for the United States is no longertheoretical. It is a reality today. The country has gone from theworld's largest creditor to its greatest debtor; the value of thedollar is sinking; domestic manufacturing is winding down - andthese trends don't seem to be slowing. Peter Schiff casts a sharpclear-sighted eye on these factors and explains what the possibleeffects may be and how investors can protect themselves. For morethan a decade, Schiff has not only observed the U.S. economy, butalso helped his clients reposition their portfolios to reflect hisoutlook. What he sees is a nation facing an economic storm broughton by growing federal, personal, and corporate debt, too-littlesavings, a declining dollar, and lack of domestic manufacturing.Crash-Proof is an informed and informative warning of alooming period marked by sizeable tax hikes, loss of retirementbenefits, double digit inflation, even - as happened recently inArgentina - the possible collapse of the middle class. HoweverSchiff does have a survival plan that can provide the protectionthat readers will need in the coming years.

Preface.Introduction: America.com: The Delusion of Real Wealth.1 The Slippery Slope: Consumers, Not Producers.2 What Uncle Sam, the Mass Media, and Wall Street Don'tWant You to Know.3 For a Few Dollars More: Our Declining Currency.4 Inflation Nation: The Federal Reserve Fallacy.5 My Kingdom for a Buyer: Stock Market Chaos.6 They Burst Bubbles, Don't They?: The Coming Real EstateDebacle.7 Come On In, the Water's Fine: Our Consumer DebtProblem.8 How to Survive and Thrive, Step 1: Rethinking Your StockPortfolio.9 How to Survive and Thrive, Step 2: Gold Rush--Be theFirst Person on Your Block to Stake a Claim.10 How to Survive and Thrive, Step 3: Stay Liquid.Epilogue.Books for Further Reading.Glossary.Index.