Contagion: The Financial Epidemic That is Sweeping the Global Economy... and How to Protect Yourself from It

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Bestselling author John Talbott outlines the troublesome economic times ahead and what can be done about themTough times are here, and author John Talbott-who accurately predicted the dot.com technology stock collapse as well as the recent housing, mortgage, and financial crises-argues that the coming global recession will be unlike anything we\'ve ever seen.In Contagion, Talbott turns his attention to this crisis and offers insights on what can be done to navigate such treacherous terrain. Talbott sets the stage by discussing how government borrowing and spending on the war, healthcare, Social Security, and corporate giveaways combined with dramatic increases in personal spending, fueled by credit card and mortgage debt, have funded unsustainable levels of personal and government consumption.Offers practical suggestions as to how investors and homeowners can best weather this storm with straightforward advice on where to investExamines real estate and housing issues to help you make the best decisions possible in this arenaDetails the best ways to utilize stocks, bonds, TIPS, and commodities, and to prosper during this global crisisIf you really want to protect yourself from the unfolding economic crisis, then Contagion is the book you need to read.About the AuthorJohn R. Talbott is a bestselling author, a former investment banker for Goldman Sachs, and previously a visiting scholar at UCLA\'s Anderson School of Management.For the last decade he has been writing full-time as an author, publishing six books and numerous peer-reviewed academic journal articles on economics and politics. His book titles include SlaveWages, The Coming Crash in the Housing Market, Where America Went Wrong: And How to Regain Her Democratic Ideals, Sell Now!: The End of the Housing Bubble, and Obamanomics. Talbott has served as an economic adviser to a number of developing countries, including Jordan and Russia.He has appeared live on CNN, Fox News, CNNfn, CNBC, MSNBC, and CBS, and has published articles in the Wall Street Journal, Boston Globe, Philadelphia Examiner, San Francisco Chronicle, and Financial Times.