0 0,00*
The Crash is the SolutionOverlay E-Book Reader
Matthias Weik, Marc Friedrich

The Crash is the Solution

Why the Ultimate Collapse is Coming and How You Can Protect Your Wealth

EPUB sofort downloaden
Downloads sind nur in Italien möglich!


Produktdetails

Verlag
Bastei Entertainment
Erschienen
2016
Sprache
English
Seiten
285
Infos
285 Seiten
ab 16 Jahre
ISBN
978-3-7325-3082-3

Kurztext / Annotation

Germany's most successful business book of 2014 in English now
It's no longer a question of whether the crash will happen, but when. All of the measures taken toward saving banks, national economies, and the euro boil down to the maximization of damages and state bankruptcy for Germany, for which case the expropriation of private citizens has long been in preparation. Government bonds, pension funds, life insurance policies and bank accounts - these are the things that will lose the most in a crash that should come sooner rather than later. Only then will the political and business sectors be open to making radical changes. When the crash comes, we'll need fast solutions!
In their e-book, economics experts and authors of three bestsellers Matthias Weik and Marc Friedrich thoroughly and clearly describe what has caused and who benefits from the crisis. But their predictions are not completely pessimistic when it comes to securing your wealth. The two financial strategists explain in simple terms how you can redistribute your money into tangible assets before the crash in order to keep your savings safe.
The book immediately made it onto Spiegel magazine's bestseller list and has caused quite a stir. In this book, the authors correctly predicted the outcome of EU elections, the ECB's interest rate cuts and negative interest rates for banks, and the lowering of the interest rate guaranteed by life insurers - just to name a few examples.


About the authors:

Matthias Weik studied international business in Australia where he completed his degree. He has dealt with the global economy and financial markets for over a decade. Matthias Weik earned his MBA as part of a work-study program while working for a German corporation. On professional and academic stays in South America, Asia and Australia, Matthias Weik gained deep insight into the world of international finance and economics. His two books co-authored with Marc Friedrich Der grösste Raubzug der Geschichte (English working title: 'The Greatest Heist of All Time') and Der Crash ist die Lösung (English: 'The Crash Is the Solution') are both Spiegel magazine bestsellers and No 1. Manager Magazine bestsellers as well as the most successful economics books in Germany in 2013 and 2014. In 2016 they published their third bestseller 'Kapitalfehler' (English: 'Capital error').


Marc Friedrich studied international business administration and has focused intensely on the economy and financial markets. During a job assignment in Argentina, he witnessed a sovereign default first hand in 2001 and its devastating consequences. Marc Friedrich gained valuable work experience in the UK, Switzerland and the US. Together with Matthias Weik, Marc Friedrich holds seminars and lectures for companies, associations, foundations, at conferences, trade shows and at universities and colleges. The duo has been active in this field for several years now. Marc Friedrich and Matthias Weik are welcome economic experts and have made numerous appearances in recent years in print media and on radio and television programs.

.

Textauszug

1. The Crash That Was Inevitable

If we ask people whether "the financial crisis" is over, then the answer is generally always the same. Nobody thinks so. It doesn't matter whether we talk to clients, business partners, or friends about it. It doesn't matter if they are involved in financial transactions at work or not. It doesn't matter if they know much about economics or not. Everyone's gut feeling says that since 2008, we have been experiencing momentous changes. The international economy and global financial system are coming apart at the seams. Without a fundamental paradigm shift, we will continue to race towards the cliff's edge with no working brakes. Everyone has the inkling that the crash will be massive, but only a few people can make a more informed guess as to when we will finally hit the ground. In this book, we analyze who is actually steering us, why they are driving like total nut, and where the road is potentially headed. And: how we can all win back control over the car we call money.

Since 2008, crises have been our constant companion: the real estate crises in the USA, Spain, and Ireland, the Lehman Brothers crisis, the crisis in Cyprus, banking and finance scandals one after the other, out-of-control national debts, the Euro crisis, and at-risk candidates like Italy, Portugal, and even France. And Greece, over and over again: an economically and politically ailing nation altogether, with a desperate population that has been exhausted and demoralized by recessions, countless bailout packages, and calls for reform. In September 2015, when this book was written, Greece was rescued with its third bailout to the tune of 86 million euros and against all economic sense. Although this kind of bailout had already catastrophically failed twice, once again, the same useless medicine is being administered to the mortally ill patient. We can only shake our heads and think of this quote from Albert Einstein: "Insanity is doing the same thing over and over again and expecting different results." Currently, we can't predict exactly what will happen to Greece, what the Greeks are going to have to further endure, what ideas the creditors at the IMF, ECB, EFSF & Co. will come up with, and what all of this is going to cost Europe's taxpayers in the end. The only thing that's clear is this: the greatest protraction of bankruptcy in history will continue. And despite whatever odd shortcuts are taken, the Hellenic Republic will end up being drip-fed by Europe for decades. And there's more: ultimately, not one of the financial crises in the last seven years has ever been solved -quite the contrary. It's becoming clearer and clearer that all of these so-called bailout packages are the problem and not the solution. And that they are becoming less and less effective with more and more questionable effects.

This historically unique and apparently endless bailout orgy is already an unprecedented series of contract breaches, lies, and fraud. Do the owners and investors at failed banks actually have to bear the risks of their recklessness? Pfft! All one of the responsible parties has to do is shout "too big to fail," and, right away, all of us taxpayers write them a check. No debt transfers between the euro states? For a while, this rule hasn't been worth the paper it was written on. The European Central Bank as an independent monetary authority? It's been mutated into a funding agency for government loans. In 2009 we watched one crisis conference convene after the other. 2015 doesn't look any different, and nothing will change in the future, either. Each time, we were told that the banks, investment trusts or hedge funds had finally been cornered. That the banks would have to build up significantly more equity capital in order to offset the risks they take. That the super bonuses for finance managers were a thing of the past. And what has really happened? Basically nothing! Many ba

Beschreibung für Leser

Unterstützte Lesegerätegruppen: PC/MAC/eReader/Tablet