The Global Debt Trap: How to Escape the Danger and Build a Fortune

by Claus Vogt, Roland Leuschel, Martin D. Weiss

German bestseller about the best ways to protect oneself financially from the threats posed by government’s interference in the economy After the bursting of the real estate bubble, the U.S. pushed a monetary and fiscal policy that is, at best, blatantly wrong and, at worst, carries enormous financial risk. And because Washington knows this, America’s greatest weapon–its propaganda machine–has been called into service, diverting attention away from the fact that it was and continues to be government interference in the market economy that’s lead us to where we are now, namely at the end of one financial calamity and the beginning of yet another. A plea for the market economy, The Global Debt How to Escape the Danger and Build a Fortune details the cause of our current economic crisis and argues that political mismanagement endangers finances, health and, in extreme cases, democracy itself. • Advocates the freedom of the individual and the capitalist economic system derived from it
• Foreword by Martin Weiss, bestselling author of The Ultimate Depression Survival Guide , by Wiley
• Other titles by Leuschel and The Greenspan Dossier Every crisis offers opportunities for those who have prepared. The Global Debt Trap shows how to prepare for the aftermath of years of government interference in the market economy.

240 pages, Hardcover

First published November 23, 2010

Reviews

[Michel]

Claus Vogt is the guy who predicted (in his 'Greenspan Dossier' published in 2004!!!) the housing bubble and the financial meltdown of September 2008, describing the crisis with 20/20 foresight, including the Fanny and Freddy debacle, the banks bailout, the subsequent credit squeeze, unemployment, tax shortfall and sovereign debt resulting from it.
So the guy might not get it right every time, but when he talks, I listen - and get rid of any bonds I may hold!

[C.J.]

This book gives a great synopsis of the last decade, as well as a good understanding of what is coming down the road but it is light on solutions and on how to implement them. The authors should have spend at least another chapter on how citizens can protect themselves. Even still, I'd recommend this book to anyone wanting to understand what is going on with the world economically, why prices are rising and what to do about it.

[C.J. · Rating 4 out of 5]

This book gives a great synopsis of the last decade, as well as a good understanding of what is coming down the road but it is light on solutions and on how to implement them. The authors should have spend at least another chapter on how citizens can protect themselves. Even still, I'd recommend this book to anyone wanting to understand what is going on with the world economically, why prices are rising and what to do about it.