● The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market
By Michael G. Pento
Summary via publisher, Wiley
America is rapidly approaching a financial apocalypse far exceeding the devastation caused by the 2007 housing bubble burst and subsequent Great Recession. The country is in the final stages of the biggest asset bubble in history: U.S. Treasury debt. When this bubble bursts, a massive interest rate shock will send the U.S. government and the consumer economy into bankruptcy, an event with repercussions that will be felt throughout the global economy. In this economic expert’s new book, The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market, Michael G. Pento explains how the bubble was created, what we can do to ameliorate the crisis and how investors can protect themselves regardless of what economic condition prevails.
