The Aftershock Investor: A Crash Course in Staying Afloat in a Sinking Economy

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

From the authors who accurately predicted the domino fall of theconjoined real estate, stock, and private debt bubbles that led tothe financial crisis of 2008, comes the definitive guide toprotection and profit in 2013 and beyond. Based on the authors'unmatched track record of accurate predictions in their threelandmark books, America’s Bubble Economy, Aftershock, and Aftershock Second Edition, this new book offers whatreaders have been clamouring a detailed guide to how tosurvive and thrive in the next global money meltdown. Entirely updated with three new chapters, plus more actionableinsights and detailed advice, The Aftershock Investor secondedition spells out clearly and concisely exactly what smartinvestors need to know right now, before the worldwide Aftershockhits. Specifically, readers will discover that… Before it's too late.

Genres: Nonfiction, Economics, Amazon, Finance, Business

416 pages, Hardcover

First published February 15, 2012

Reviews

[Norman Parker · Rating 3 out of 5]

The authors present a reasonable monetary future, but as with most predictions the timing is unknown. Like the 'return of the Savior', we can keep saying it is coming, but no man knows the day. This presents frustration.

The authors say that there are possibly some lifts remaining in the U.S. economy, but the best action is switching now to 'Aftershock' investing, even at the risk of missing some gains.

I devoured the section on real-estate investing and feel that their suggestions are sound.

[Nick Bair · Rating 1 out of 5]

This book takes forever to get to their recommendation. Basically dump stocks, bonds, and real estate. Invest in gold.

[Devon Williams · Rating 5 out of 5]

Very informative 👏

[Robert Federline · Rating 3 out of 5]

Aftershock was a good book with sound ideas about where the economy is headed. This book is, in very large part, a repetition of that book, by the same authors. This book is also, unfortunately, a large ad for the services of the authors.

This book, and its predecessor, presents convincing arguments that the economy is in trouble and the future is bleak. The logical inceptions of such problems are cogently set forth. The various bubbles in the United States and world economies are exposed.

The purpose in reading this book was, naturally enough, to gain some insight into where one should put their money when the double-digit inflation becomes a present reality.

While the authors claim prescience in their ability to predict the difficulties already in the economy, as well as those which are most likely to follow, their advice about investments has the vagueness of the carnival fortuneteller. They tell you just enough, in sufficiently general terms, to encourage your trust and belief, and thus draw your business.

For those already severely damaged by the falling economy, the book has little worth. If one has not read the prior Aftershock books, the book is interesting for its analysis on the many ways in which the economy may fail. If one has read the prior book(s), this tome appears to be little more than a glorified commercial for the services of the authors.

While I subscribe to many of their economic theories or analysis, this book did little for me, and provided no solid concrete advice on how to proceed in the coming bear economy.

[Stephen · Rating 2 out of 5]

What is the Aftershock? It is the reaction to the 'Bubblequake' that the authors predict for the end of this decade. I say 'predict' because this is a book about a single point future. The point is a good one - that at some point in this decade the interest rate cycle will turn - but they make their point with too much vigour for it to be completely convincing. I prefer my futures to be a little more nuanced and a greater degree of uncertainty in them.

OK, just suppose that the Aftershock happens, what then? the book is really thin on this point. After taking most of the text to scare us into being concerned about the threat of inflation and the stagnation of the economy, it then becomes quite thin on what we should do about it, other than to subscribe to the authors' newsletter. I see that as sharp practice.

To that extent, this isn't a crash course in staying afloat. It is a sales pitch for an investment newsletter that addresses a future that may not happen. I won't be recommending this book to anyone in the near future.

[Skyqueen · Rating 3 out of 5]

Only the second half of the book is useful if you have already read the preceding Aftershocks. Still frightening enough that I have taken actions and appreciate those who are willing to go out on a limb and tell us like it is though they know it won't be universally accepted or popular. I tend not to follow the rules anyway, but do so with good reason and solid backing which this book gives you. Denial of our and the world's present financial situation will only make it worse for you in the long run. Sadly, MOST people would rather be comfortable rather than face the hard truth and actually DO something about it. Then, oh hear them cry "Victim!! Nobody told me! Nobody took care of me!!" As Joan Rivers says, "Oh, grow up!"

[Julie · Rating 4 out of 5]

This book is one of many written by economist David Wiedemer and is presented much like a handbook, in organized increments. It is the first one I have read by this economist, based on a suggestion. It is easy to digest, and I read it in one sitting.
After reading, I felt like I needed to consume a box of chocolates and a bottle of wine just to digest the purported economic crash and evolution that is underway. Then I remembered I would have to purchase said chocolates and wine, which would diabolically oppose my new plan to save every penny for gold coins. Yes, my take away to surviving in the "new" economy is to buy a bunch of gold coins and a treasure box in which to store them.

[Sue · Rating 4 out of 5]

Since I didn't read Aftershock, this information was new to me. This is a sobering book that offers dire predictions of what is to come with our economy due to fiscal mismanagement by the US and other leading nations. I don't have a background in finance or economics but, if these predictions come true, and the argument seems sound, it's scary. The book is written in a way that people without a business background can easily understand and the recommendations for how to prepare are well spelled-out. My main objection to the book is that it is very redundant.

[Tom Murphy · Rating 2 out of 5]

They spend the whole time trying to convince you they are right and why they are right. I would rather read about the possible ways to fix the problems and actual ways to protect the money you have. They talk about being in cash when the aftershock hits. This won't work since they also want you to believe in the inflation that will come so cash is only worth a percentage of what it should be worth.
Some interesting ideas but they should try to be more constructive.I think they are trying to milk this idea to sell books since this is their 3rd on the same thing.

[Adam · Rating 3 out of 5]

Interesting to read this book again 8 years later - 3 years after the authors predicted the economic collapse would happen no later than…

Never underestimate the power of printed fiat or institutions that manipulate financial reality (just like Enron did…) the only reason most don’t get away with the kind of fraud and corruption forever is that they don’t have global reserve currency status with the weaponry to enforce their wishes…

[WiseB · Rating 4 out of 5]

Provides macroeconomic perspective of what can happen across different investment means ... good alternative view and suggestions to prepare for consequences of many governments' massive money printing actions ... though it still requires one's own judgement on when to make the moves as laid out by the authors.

[Kevin]

Doom's day announcer for the Market Cliff and Aftershock; Gold is the best; Real economic growth are from two: Population growth and Productivity increase; US productivity stopped in the late 1970s and never came back; All now in 2013 is no more than a money printing and borrowing propped US bubble and world bubble that will pop hard in the next 3 to 4 years;

[Andrew Lenza · Rating 3 out of 5]

Although this "sequel" reviews much of the same content as the first, the authors offer worthwhile defensive strategies for the small investor. It's difficult to refute their logic that exploding deficits and debased currencies won't lead to hyper-inflation.

[Christian · Rating 2 out of 5]

90% repetition of Aftershock plus 10% of common sense investment advice. Maybe inflation is new to some people and they might learn something. Most of the predictions still not true in 2013. Might happen but hitting the longer side of the author's range.

[Jeannette · Rating 2 out of 5]

I admit it, I had to skim this. It was so poorly written, so proselytizing, so, well, pushy, that I just couldn't learn from much less enjoy it. There are other better books about investing than this one.

[Judy Lindow]

I bought the book and it looks good, however it's 30.00 and I'm hearing more buzz about Peter Schiff's The Real Crash (which I got at the library without waiting). I'm returning this book but cannot see how to take it off my list without using the "want to read" or "read" status.

[Ren · Rating 3 out of 5]

If you are looking at reading these books, I'd say skip Aftershock and read this one. The first half of the book is talking about the Aftershock in a condensed version of the previous book. The second half of the actual investing recommendations.

[Mike · Rating 4 out of 5]

Insightful book. The book challenges conventional wisdom about investing. I have to pause a bit and consider what the book has to say about investing in the U.S. economy. I hope the underlying premise is off-base, but it's good to be prepared.

[Eric Molicki · Rating 3 out of 5]

Basically a re-hash of Aftershock, 2nd edition updated for current economic activities through mid-2012. Interesting to read this right as the Fed launches QE3 and its open assault on the dollar!

[Mark · Rating 3 out of 5]

This book was a bit over rated. I was excited because I really like the last Aftershock, however this one feel way short on new information. it was basically a copy job of the previous book.

[Think-On-It]

If you'd like to know what I thought of this book, please contact me directly and I'd be happy to discuss it with you.

All the best,

- TB

[Rob · Rating 4 out of 5]

If these guys are right (as they were with their 2006 book), the only thing the 2012 presidential election is going to decide which candidate will get the blame for the meltdown...

[Rock Angel]

http://www.moneynews.com/MKTNews/bill...

[Shawn Gordon]

Too much doom and gloom. Some interesting ideas, but the end isn't near yet, I don't think.

[Karel Baloun · Rating 2 out of 5]

Agree bonds are hurt by inflation and rising interest rates. Everything else is highly speculative. Advice not actionable.

[James Knight · Rating 3 out of 5]

OK book, bit elementary.