Webster Quote

Webster Quote

Wednesday, August 07, 2013

Pre-shock

I continue to read Aftershock by David Wiedemer, Robert A. Wiedemer, and Cindy Spitzer (John Wiley & Sons). The title of the book refers to economic conditions after all the various economic bubbles have popped. Since we are not yet at that point, there is still time to prepare for the inevitable collapse, as predicted by these astute authors. The collapse predicted will be world-wide, and relatively long-lasting. In this important tome, the various bubbles are described in clear detail. Later, it is promised, I will be reading about how to survive the aftershock of the "bubblequake," and even profit from it. Although I am not interested in profiting from the pain of others, I am interested in surviving and even thriving in this most serious of all "downturns." This book -- so far -- is highly recommended.

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