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Download The Real Crash: America’s Coming Bankruptcy—How to Save Yourself and Your Country Audiobook

Extended Audio Sample The Real Crash: America’s Coming Bankruptcy—How to Save Yourself and Your Country, by Peter Schiff Click for printable size audiobook cover
3 out of 53 out of 53 out of 53 out of 53 out of 5 3.00 (235 ratings) (rate this audio book) Author: Peter Schiff Narrator: Oliver Wyma Publisher: Macmillan Audio Format: Unabridged Audiobook Delivery: Instant Download Audio Length: Release Date:
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You might be thinking everything’s okay: the stock market is on the rise, jobs are growing, the worst of it is over. You’d be wrong. In The Real Crash, New York Times bestselling author Peter D. Schiff argues that America is enjoying a government-inflated bubble, one that reality will explode . . . with disastrous consequences for the economy and for each of us. Schiff demonstrates how the infusion of billions of dollars of stimulus money has only dug a deeper hole: the United States government simply spends too much and does not collect enough money to pay its debts, and in the end, Americans from all walks of life will face a crushing consequence. We’re in hock to China, we can’t afford the homes we own, and the entire premise of our currency---backed by the full faith and credit of the United States---is false. Our system is broken, Schiff says, and there are only two paths forward. The one we’re on now leads to a currency and sovereign debt crisis that will utterly destroy our economy and impoverish the vast majority of our citizens. However, if we change course, the road ahead will be a bit rockier at first, but the final destination will be far more appealing. If we want to avoid complete collapse, we must drastically reduce government spending---eliminate entire agencies, end costly foreign military escapades and focus only on national defense---and stop student loan or mortgage interest deductions, as well as drug wars and bank-and-business bailouts. We must also do what no politician or pundit has proposed: America should declare bankruptcy, default on its debts, and reform our system from the ground up. Persuasively argued and provocative, The Real Crash explains how we got into this mess, how we might get out of it, and what happens if we don’t. And, with wisdom born from having predicted the Crash of 2008, Peter Schiff explains how to protect yourself, your family, your money, and your country against what he predicts.

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Listener Opinions

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 by Michael | 2/8/2014

    " Probably the best book for a case by case discussion on eliminating most gov't programs and what the results would be (cause/effect). I think the author is obviously biased (right) and does little to assail the massive GOP spending of the past decade. That said, fans of Ayn Rand, will find this a good book to help their cause or discussion for limited and effective gov't. I think there is almost NO CHANCE any of these ideas will see the light of day. "

  • 2 out of 52 out of 52 out of 52 out of 52 out of 5 by Eric Molicki | 1/20/2014

    " While Schiff is very good at identifying what's going on and what is likely to come economically, "the market" is not the answer to everything. Some solutions I liked. Others were proposed with federalism trumping morality. "

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 by Nathan | 1/6/2014

    " If you've read some of Peter Schiff's books, then the first part will seem repetitive. However, I really like how he talked about things besides money... like education, foreign policy, and freedom. Definitely a very libertarian thinker like me and willing to talk about things that are not politically correct. "

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 by Chris Rietmann | 1/4/2014

    " you can read this before or after the crash - a great study in the Austrian School, common sense and some sound investment advice if it happens or not. "

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