America's Financial Apocalypse: How to Profit from the next Great Depression

Author(s): Mike Stathis

Publisher: AVA Publishing, Year: 2008

Description:
Condensed edition.

Rear Cover:

"For three decades, the United States has consumed in excess. While the
living standards of most have declined, the wealthy elite have prospered.
Corporate greed and political corruption have worked in unison to
destroy the middle-class. Corporate America continues to profit from
consumer extortion, while sending jobs overseas. As it stands today,
most Americans have no chance of achieving the American Dream.

Similar to the Internet bubble of the late '90s, millions of desperate
Americans have speculated in real estate. The correction of this bubble
promises to cause problems for many years to come. During this same
period it is likely that peak oil will have been reached, promising a global
crisis. Over a longer duration, America will face the burden of some 76
million baby boomers, which will help destroy the bubble economy they
created.

The future of America includes a long period of economic, political and
social realignment. But the changes needed to restore equity will only
occur after the crisis because no politician wants to risk re-election.
Once the meltdown is evident, politicians will have no choice but to take
action. Corporate America will relinquish control back to Washington,
and politicians will begin to serve the people rather than special
interests. If the crisis is handled well, the American Dream will once
again become a reality for most, as in the past."