Dollar Fortress

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Dollar Fortress by Stooker, Richard, 9781452830490
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  • ISBN: 9781452830490 | 1452830495
  • Cover: Paperback
  • Copyright: 4/29/2010

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The U.S. dollar is on the verge of catastrophe.The 2007-2009 financial crisis appears to have been the first step toward a deflationary depression that could destroy the savings of three generations of Americans.Or excessive government deficit spending -- started by President Bush and accelerated under President Obama -- and a huge trade deficit will continue to drive the spending value of the US dollar down.China owns many billions of US dollars and is clearly worried about the future. What is wrong with us when the biggest Communistic country on Earth has to lecture us on how to manage our currency?How much longer will China, Japan and international bankers continue to buy U.S. Treasury bonds to finance our swelling budget?If these countries began selling US dollars instead of buying, the hyperinflation would bankrupt America.Dollar Fortress offers a 3 part process to protect yourself and your family from these dangers.It examines all the common advice and explains the pitfalls.Whether you have $2,000 or $2 million, this volume contains all the resources you need to make sure you weather the coming storm.Even if we avoid a total collapse, the US dollar's long term trend is still down, just as it has been since 1971.If you want to retire in comfort, you can't depend on Social Security, pensions or any other US dollar-denominated source of income.Should you buy gold? That's what everybody's asking. The shocking truth.This 3 step process is a comprehensive plan to survive almost all financial emergencies the US dollar is now facing. But I am not predicting total social, political and financial collapse of civilization as we know it. If you believe that's going to happen, you need to move to the country and begin subsistence farming.And if we never fall through the thin economic ice the United States is now skating on, you'll still benefit from diversifying your retirement portfolio.
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