● Investing in the Age of Sovereign Defaults: How to Preserve your Wealth in the Coming Crisis
By Peter Treadway
Q&A with author via publisher, Wiley
Q: What is the principal theme of your book?
A: The governments of the major Western democracies are broke. Including Japan. They already have huge debts. And now they are facing a huge increase in health and retirement entitlements to be honored. They will default on these one way or the other and/or on their sovereign debt outstanding. They will target investors and the private sector in general – the so-called rich- for confiscatory taxes. The book tries to offer ways for investors to survive in this environment.
