The Demise of the Dollar by Addison Wiggin (Author)
The Demise of the Dollar…And Why It’s Even Better for Your Investments (Agora Series)
by Addison Wiggin (Author)
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Product Details
Published on: 2008-04-04
Number of items: 1
Binding: Paperback
197 pages
Book Description : As the dollar continues to weaken throughout the world, it has become clear that the impact is going to be significant as well as far reaching. This book explores the number of reasons for the dollar’s current state, including the prior structural flaws of the dollar, the growing trade deficit, the Euro and other international factors. It also discusses the results of the dollar’s fall and how it will impact economies worldwide. Continuing where The Demise of the Dollar left off, it explores the dollar’s increasingly sharp decline over the past few years and provides readers with updated suggestions for protecting their portfolios.
Editorial Reviews
From the Back Cover
Just when you thought the dollar couldn’t sink any further, it continues on a down-ward spiral. And now, with this fully revised and updated edition of The Demise of the Dollar, Addison Wiggin returns to reveal the many ways you can capitalize on this opportunity.
Picking up where the bestselling original edition left off, this engaging and entertaining book examines the many reasons behind the dollar’s ongoing decline—including its structural flaws, the growing trade deficit, and the euro—and discusses the proper approaches to profiting from such a dynamic event. Along the way, you’ll also discover how the dollar’s slide will inevitably affect both world economies and your personal portfolio.
As the dollar continues to weaken, it has become clear that the impact is going to be significant as well as far reaching. The Demise of the Dollar . . . And Why It’s Even Better for Your Investments will put this situation in perspective and provide you with the information needed to financially survive and thrive during the years ahead.
About the Author
Addison Wiggin is the Executive Publisher of Agora Financial, an investment research firm based in Baltimore, Maryland. Agora publishes The Daily Reckoning, a financial newsletter with more than 500,000 readers in the United States, Great Britain, and Australia, and is translated daily into French, German, and Spanish (www.dailyreckoning.com). It has received praise from mainstream publications, including Money, New York Times Magazine, and MarketWatch.com. Mr. Wiggin is the author of the original edition of The Demise of the Dollar. He is also the Executive Producer and a writer of I.O.U.S.A., a feature-length documentary film nominated for the Grand Jury Prize at the 2008 Sundance Film Festival. The film is inspired by the international bestsellers Financial Reckoning Day and Empire of Debt, which he coauthored with Bill Bonner.
Chuck Butler is the President of EverBank World Markets (www.everbank.com) and author of The Daily Pfennig, a riveting daily wrap-up of the currency markets.
Customer Reviews
New and improved
I read the first edition in early 2006, and it’s a little breathtaking how many of its big-picture prognostications have come to pass — especially the collapse of the housing market and the dramatically shrinking purchasing power of the bills in our wallets. Now, as the dollar tanks to record lows relative to other currencies, and we’re reaping the whirlwind of endless money and credit creation by the Federal Reserve, this new (and considerably updated) edition examines where we go from here.
If anything, the historical examples cited ring even more true with the passage of the last two years. And while the outlook going forward is bleak, it is absolutely not hopeless. For anyone who suspects this might be another “goldbug” head-for-the-hills sort of book, rest assured it’s not. It concludes with a host of sensible suggestions that, yes, include gold, but also a number of other hedges against a falling dollar that are worth considering as your cash buys less and less every day.
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