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Joined: Apr 2008
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OSOK Offline OP
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So, I ordered this book (Newsmax promotion) for $5 and it came in the mail early this past week and I've been reading it.

It's called "Aftershock" and basically details what's happened recently and what's going to go down in the next couple of years in terms of our economy. You've heard the term "housing bubble"? Well this is where that term came from.

This originally was published in 2006 and accurately described and predicted the housing/stockmarket, etc. crash of 2008.

I am reading it because this new updated version promises to not only explain what's coming but also will give advice as to how to best handle the coming demise of the dollar and golobal debt meltdown.

It's very well written so far and makes perfect sense - has some very good charts illustrating the various markets to help show what's happenend and happening.

Just thought I'd mention this so others can check it out if interested.

Bottom line: The financial decisions that you are making today will either help or hurt you in the coming 2-3 years and having some idea of what's coming will give you an advantage.

For instance, if you think the housing market is at it's bottom and are thinking of buying or upgrading your home - according to this book - you would be setting yourself up to lose - because housing prices are going to drop even more.


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Joined: Jun 2009
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S
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Yes it will you can see this happing in Mi. The other states as well are not fairing good eather

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Yes it will you can see this happing in Mi. The other states as well are not fairing good eather

Joined: Dec 2004
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J
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I would not give that book credit for use of the term "Housing Bumble"

Folks were talking about that in 2004 and 2005 with the runner of housing prices and builds in Las Vegas, etc back then.

Many folks saw the housing market crash coming way before 2008..


To all gunmaker critics-
"It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena.."- Teddy Roosevelt

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