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Prague Spring Book Club: Crash Proof 2.0 (7:30 pm, Tuesday, Jan. 19, 2010)

From: Lee
Sent on: Friday, December 25, 2009 7:38 PM
Happy Holidays and All the Best to Prague Spring's Members in 2010!

Crash Proof 2.0: How to Profit From the Economic Collapse

When: Tuesday, January 19, 2010, 7:30 PM
Where: 60 Wall Street Atrium, 60 Wall Street, New York City

The original version of this book predicted the sharp decline of the financial markets. In this updated 2.0 version, the author has added his views on what to expect from here. We like this book for its thorough analysis with easy to follow reasoning. Even though the book stives to provide investment advice, it is so well written it's analysis should lead to an interesting discussion of what caused the collapse and what will happen next. provides a good introduction to Crash Proof 2.0. When Peter Schiff's book, Crash Proof: How to Profit from the Coming Economic Collapse, arrived in bookstores in February 2007, other Wall Street prognosticators laughed it off as a work of "gloom and doom" science fiction. Today, however, Schiff is widely hailed for having predicted the financial meltdown of 2008 -- and for having identified its roots in massive debt over-consumption. So, now that the government has responded to the crisis by "stimulating" even more debt and consumption, does Schiff agree with other experts that "the worst is over" in the economy and financial markets? Not by a long shot. In the fully revised and updated Crash Proof 2.0, he explains why now more than ever "the U.S. economy is a house of cards" on the verge of an even more spectacular collapse -- and shows you what steps to take to protect yourself from financial ruin.

"His view is so global and so unique in its approach, and at a time when we all should be looking to crash-proof our portfolios, Schiff offers us this much-needed life- raft." -- Liz Claman, Cohost, CNBC Morning Call

"A frighteningly forthright wake-up call. But Peter Schiff is one Cassandra whose voice deserves your rapt attention. Devoid of the usual Wall Street spin, this frank and prophetic read will make you reconsider the very foundations on which your financial house is built." -- Jonathan Hoenig, Portfolio Manager, Capitalistpig Hedge Fund LLC and FOX News Channel analyst

"An outstanding job of outlining the dangers to individual investors of the current economic environment and presents a plausible plan about how to deal with the risks." -- David W. Tice, Portfolio Manager, Prudent Bear Funds

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