Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown

Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown

3.5 108
by David Wiedemer, Robert A. Wiedemer, Cindy S. Spitzer
     
 

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Despite all-time highs in the stock market and a widening narrative that "the economy is improving," a critical analysis of the current situation leads to a far more disturbing conclusion. The same authors that correctly predicted the financial crisis of 2008 and 2009 and foresaw the playbook that government leaders and the Federal Reserve would use to

Overview

Despite all-time highs in the stock market and a widening narrative that "the economy is improving," a critical analysis of the current situation leads to a far more disturbing conclusion. The same authors that correctly predicted the financial crisis of 2008 and 2009 and foresaw the playbook that government leaders and the Federal Reserve would use to re-inflate asset bubbles, have laid out their vision of how the economic house of cards will crumble.

This fully updated fourth edition of Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown provides readers with an insightful analysis of the economic drivers that have created the illusion of a recovery and a false sense of security among investors. The authors have correctly predicted the path of the economy since before the global financial crisis and now they see things ending badly in the very near future. Are you prepared?

Aftershock, Fourth Edition is your must-have investment guide for understanding what's really happening in the global economy and how to protect yourself—and even profit—in the turbulent times ahead.

Editorial Reviews

From the Publisher
"But as bitter as it is, 'Aftershock’s' message–that America has yet to pay its bills–deserves an audience. After all, the authors were right once before."
Michael Casey, MarketBeat, blogs.wsj.com/marketbeat, November 2009

" … surrounded as we are by growing talk of recovery and news about ‘green shoots,’ it’s still refreshing to consider the different perspective that Wiedemer, Wiedemer and Spitzer offer here."
Robert J. Hughes, Smart Money, December 2009

"Their scenario is dark, and their strategies bold and unconventional. But after being on target the last time they went against the grain, the Wiedemers merit being heard out." (The Associated Press, December 2009)

"This is a page turner, but it will be slow reading from the standpoint of having to constantly stop and make notes in the margin or pause to see how a particular point directly effects the reader’s own situation. Reading this book will make you aware of economics like you’ve never previously been aware."
James Holland, Basil & Spice, December 2009

Product Details

ISBN-13:
9781119118503
Publisher:
Wiley
Publication date:
07/07/2015
Pages:
400
Sales rank:
347,433
Product dimensions:
6.30(w) x 9.10(h) x 1.50(d)

Meet the Author

DAVID WIEDEMER, PHD, is a world leader in macro-evolutionary economic analysis. His work in information dynamics, technological evolution, and economic history form the basis for the predictions in Aftershock. Dr. Wiedemer is the Chief Economist for Ark Financial Management. He holds a doctorate in economics from the University of Wisconsin-Madison.

ROBERT A. WIEDEMER is a Managing Director of Ark Financial Management, a macro-focused money management firm that is in alignment with the macroeconomic analysis and perspective of Aftershock.

CINDY S. SPITZER is an award winning writer, bestselling coauthor, and president of Aftershock Consultants LLC, an investment advisory and macroeconomic consulting firm providing support and insights to individuals, businesses, and groups, based on the ideas in Aftershock.

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Aftershock 3.5 out of 5 based on 1 ratings. 109 reviews.
Anonymous More than 1 year ago
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BSR More than 1 year ago
I had the opportunity to meet Bob and Dave Wiedemer back in May 09 as a result of some business I was conducting. At that time they were hard at work on AFTERSHOCK - their second book. They gave me a copy of their original book - America's Bubble Economy. As soon as I read it, I was sold on their vision and philosophy of the markets. In fact I wished I had found the book back in March of 08. At that time, I was having a running argument with my financial advisors at Bernstein Alliance regarding the direction of the markets. I felt sure, based on all my research, that we were headed into a major correction, but did not have the clean, well documented framework around my arguments that were articulated in America's Bubble Economy. I continued to pester the Wiedemers for an early copy of their second book AFTERSHOCK, which they graciously provided to me in August. I devoured the book over the next few days and could not find any flaws in their logic. The book is very well laid out, extremely insightful and very easy to read. While I must admit I follow no one single investment strategy, I am in the process of slowly repositioning my investments to incorporate their recommended approach for 25 to 40% of my invested assets. For anyone who is inherently uncomfortable with their current investment options, tired of the 2 minute talking heads with their random predictions, and single brokers claiming they know which stocks to buy, AFTERSHOCK is a must read. AFTERSHOCK provides an original way to look at the current market volatility and turmoil. If after reading AFTERSHOCK, one has any doubts as to their predictions, I would strongly encourage you to read their first book America's Bubble Economy, to get a sense of just how accurately they predicted the "Great Recession" we are currently experiencing. David and Bob Wiedemer's first book, America's Bubble Economy, published in Oct. 06, not only correctly predicted the "Great Recession" we are in before it started, but more importantly they predicted it for the right reasons in the right order. They predicted it would begin with the deflating of the sub prime loan bubble and then spread to the housing bubble, credit bubble, stock market bubble and finally consumer spending. One point of disclosure please. I have become so convinced of their vision and philosophy that I elected to join their economic consulting company as the COO. I hope you find as much wisdom and pleasure in Aftershock as I did.
Anonymous More than 1 year ago
It's simple, if you had followed their advice, you would have been heavly invested in Euro bonds and stocks, and the 2010 crash would have killed you. They "predicted" the mortgage crisis but got hit by the Euro Crisis head on. The book also has a wide variety of online resources by the authors (blogs etc). They are not current and have not been kept up. I would guess because of the bad predictions in this book. Some good stuff in there but most of it is them bragging about the last prediction they got right. When you brag about your accuracy in predicting, and then get it way wrong... well Kings had a punishment for mages that got it wrong that bad.
Anonymous More than 1 year ago
If you want to know what is coming down the pike then read this book. Mr. Wiedemer explains in very good detail the reality of how bad the economic situation is and what you can do to better protect yourself. Very good book if your into the real doom of what is coming around the corner. Great explanation on bubbles and how they are popping - how to approach this "Grand SuperCycle Depression". Batten down the hatches boys this one is for real. You think the 1929 depression was bad? You haven't seen anything yet. Only one other author I like more and that is the great Peter Schiff.
Rickkelley More than 1 year ago
Pro's: The authors correctly cite the impact of the Fed's actions of printing money, the fact that there are multiple "bubbles" in the economy, are accurate in the presentation of historical economic conditions Con's: The authors write in a sophomoric style, continuously pat themselves on the back about their predictions, sell their website and services, don't provide sufficient background when making predictive statements, leap to conclusions that are not supported and ignore the dynamics of a worldwide economy. They predict total collapse and then tell you that the layman cannot protect themselves against the calamity. You are led to the conclusion that you must use their services to protect your assets. Sell,sell,sell.
iliahi More than 1 year ago
This is not a review. I'm just asking why is B&N so slow with 2nd edition for the Nook release. Amazon's kindle already has it.
COIceBear More than 1 year ago
This was recommended to me by a professor, so I thought I would give it a look. This book is interesting as economic theories go, but I looked at their strategy for Euro vs Dollar and it is failing. They might be right on some other details, but economics, like the rest of the sciences moves very fast.
Anonymous More than 1 year ago
The authors repeated their central themes over and over. This book could have been halved in length and had a more powerful impact on the reader. I resented all of the commercials throughout the book on why readers should use the authors' investment services. In addition, the authors disparaged other economists and books on economics. They came off as smug and self-righteous.
Anonymous More than 1 year ago
A very informative book. I agree with most of what they convey. The only problem i have, is that they do not mention, that gold is not tied to any currency, anywhere. The world banks, along with all countries in the world do not have gold backing up their currency. So if that bubble pops, gold will go down, just as silver, platinum, and palladium do.
Anonymous More than 1 year ago
Sadly this book makes all too much sense. It clearly states what no one wants to hear but what everyone really needs to know. You can ignore their advice but doing so could prove disasterous to your investments. Buckle up, the worst of the ride is still ahead of us.
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Anonymous More than 1 year ago
I highly recommend reading this book, it's a real eye opener regarding the financial mess we're all in. All the 'experts' keep trying to give us a 'pep talk' about how wonderfully the economy is supposedly turning around. However, my guts keep telling me they're not being honest with us in regards to how we got into this mess in the first place and how we might riding out the financial storm. This book has served to confirm a number of my suspicions and was very enlightening.
kevinat More than 1 year ago
Overall I would recommend the book as it presents some interesting ideas. What they say makes a lot of sense, is well written and fairly easy to understand. Even if one gets lost in some of their technical terminology the concept still comes across well enough. It is also cheaper here than from them directly. What I didn't like about it is the amount of space they take up tooting their own horn. Yes they predicted the housing bubble crash, etc but touting this in practically every chapter get a bit old.
Anonymous More than 1 year ago
This book has changed my thinking about stocks and bonds and what the future holds. After a few chapters I ordered the book they wrote next "the Aftershock Investor." Some people will not want to believe what they predict, but if what they say happens or just part of what they say happens, they will wish they had known.
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Anonymous More than 1 year ago
Interesting read, but must be done with common sense. I agree with an earlier review related to 401(k), 403(b), etc. accounts...not much useful advice if that's your predominate retirement investment. Also don't subscribe to a "gold approach"...where's the diversification? Maybe the authors' upcoming book will be more useful/practical from a personal retirement perspective.
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