How to profit from the events leading up to the likely collapse of the U.S. dollar Society is at a crossroads. Here at home and around the world, we are living in a manner that is absolutely, unconditionally, irrevocably unsustainable. The Day After the Dollar Crashes: A Survival Guide for the Rise of the New World Order outlines the kinds of events that could trigger a global economic collapse, describing in detail the events that are likely to occur just prior to, during, and immediately following such a total collapse. It also explains how investors can profit and support a sustainable future by anticipating social trends. The book
I tried - believe me I tried. Tried to finish this book that is, but in the end, I could not. I finally gave up on page 150 (of 182).
This truly must be one of the worst books I ever read. I have put down fiction books before, but having bought this (non-fiction?) book with a genuine interest in what one author's take was on the future of the US currency, I was reluctant to put it down even after it had started out so poorly. I kept hoping that a gem of salvation for the book would come and that I would take something away after having read it. Unfortunately, it never did.
I lost count of the number of time the author, Damon Vickers, stated in the book that "he thinks..." or "he believes..." that something will happen, but does not offers any subtantiation behind his "belief" nor minimally expand on why he holds such beliefs.
Vickers, cannot make up his mind whether he is a communist or a libertarian. He rails against big government, but then devotes an entire chapter on what a world government, something he evidently favors, would look like and how it would operate. Vickers cannot make up his mind whether he is religious or secular. He chides leaders of government for having religious views but then encourages adoption of religion.
All too familiar from shlock journalism, there are constant references to a "New World Order", "Global Elites", and other similar terms without ever defining what these mysterious entities are, or who might belong to them. But using these terms guarantees him a supportive audience of those who like to throw these terms around, also without any clue of what they might mean.
More shlock comes in the form of the author's imagination. In one particular point of the book, he describes in detail, how the day the dollar crashes might look. Now, I understand he is trying to illustrate his point when he says:
"A woman walking her Chow on the sidewalk outside the NYSE is struck by the falling body of 53-year-old senior stock broker"
and
"Pedestrians dodge falling bodies"
and
"New York's finest swarm the NYSE and prevent four suicides"
and
"people slowly gather around the screen to watch videos of bodies falling out of the exchange headquarters"
but Mr. Vickers - we get the point! Why the obsession with falling bodies???
In the same chapter, in trying to provide more graphic illustration, Vickers says "A 38-year-old unemployed construction worker puts a brick through the Oval Office window and is shot dead by the Secret Service". But this only proves that not even this minimal research has been done when writing the book. Certainly anyone that tried to put a brick though the Oval Office window would be shot dead, but being as any potential brick-thrower would have to run across the expanse of the White House lawn before getting to said window, the snipers sitting atop the building 24x7 would have shot him well before he ever got near the intended target. Furthermore, I rather doubt that the windows of the Oval Office would break with a toss of the brick, unless the brick was shot out of a bazooka. The windows are no doubt able to withstand shots from anything short of a rocket-propelled grenade. So spare us the shlock, will you Mr. Vickers?
The editing of the book was terrible. The content of any given chapter is frequently unrelated to the chapter's title and Vickers jumps around from one idea to the next without holding a logical progression. It's as if he simply wrote whatever came to him from the top of his head and nobody bothered to edit the thoughts into a cohesive volume.
Vickers would do well to read some Barry Eichengreen (really - anything by Mr. Eichengreen would do) before he attempts to write on a serious matter such as currency markets.
This book is a must have for anyone who has come to terms with the inevitable currency crisis the USD will ultimately face, and it is an even more rousing warning for those who are still hypnotized by the mainstream media’s down playing of the coming calamity. Damon Vickers, highly successful investor and hedge manager, has proven his skill in market forecasting in the past; starting his career early on by making intuitive investments into northwest companies including Star Bucks and Amazon, he is well known for predicting the end of the dot com bubble and even bringing his investors an astounding 63% earnings in 2008 – despite the financial freeze that sent a majority of other funds across the country into disarray.
First, he supplies some background into the crisis itself; how the dollar has entrenched itself as the “king pin” of the global financial system. He ties the health of the dollar tightly with the strength of the current international trade paradigm, one he considers ripe with unsustainable practices and swollen imbalances. His market insight seeps through the pages of the book in his minute by minute predictions of a massive bond tsunami, triggering a global currency crisis that will make the “Great Recession” of 2008 look like a picnic. I was very impressed by the brevity in his explanations. While there is some financial jargon present, the book reads easily enough to reach an audience that may not be attune to the investing idioms of the market trend analyst world. He paints a very clear image of the coming changes that will unfold during the onset of the crisis, allowing readers to place themselves into such a scenario.
The book itself is chilling to those who may not be aware of the coming crisis. Having been a follower of other well known collapse theory proponents – Schiff, Celente and others of the like - I found the real value in this book in the strategies of how to best position oneself to prosper once the collapse has begun and the new world order has come to full fruition. The book is really a guide on how to prepare for the changing global market, and as an amateur investor, I found his scrutiny of the mainstream portfolio planning highly informative.
This book is head and shoulders above the many other collapse scenario books on the market that are purely doom and gloom fear mongering. Setting itself apart from the others, this book actually provides extremely practical and logical planning strategies for events such as hyperinflation, western debt consolidation and the prospects of a new global currency. Secondly, I recommend this book highly to anyone who wants a fully comprehensive forecast of a dollar crash scenario, a timeline of events and a full analysis of potential sectors that will remain profitable through the coming storm.
The title is a cover for a book that peddles and environmentalist agenda. Had very little if anything to do with finance. Many unverified and unsupported claims. Don't buy the book because trees have to be cut down to make it. The e-version would require electricity and oil to make the device you read it on.
Interesting. Terrifying. Good information, not all I agree with, but good to know. Denial is such a comfortable place, it's hard to move out. Wisdom says to take that step.
It's unlikely that the US will ever pay off their national debts. It doesn't have to as long as their creditors remain confident that the debts will be repaid.
Some Americans really believe that the US could continue expanding the debt many years into the future, thanks to the reservoirs of trust the US economy has accumulated in the eyes of investors.
However, this is too Risky. By taking advantage of their US privileged position in the Global economy, they may lose it all. And the collapse of the US dollar will likely skyrocket gold prices.
I would buy standard gold bars and store them Safely and Securely offshore, far far away from the US jurisdiction.
This book was terrible I mean really really bad as in the pages of this book is where bad writing and delusions of grandeur came to die. There were no credible sources for any of his outrageous claims and most of his reasoning was that he came from a rich family and so he knows what he is talking about. I don't see how the publishers allowed this book to hit the press. This book was a mess sitting on top of an additional mess.
good insights about our behaviour as a planet. Very easy and clear to read. some facts can be refuted or tagged as irrelevant. Some predictions from 2011 materialized while others might have been exaggerated. the recommendations on how to treat the environment are worth reading; good tips to pass to your kids as well. Although the book focuses a lot on USA, there are some spot-on global examples.
The title is inaccurate: The book spends most of its time chastising us -- not unjustly -- for our current situation; little time is actually spent on what to if/when "... the dollar crashes".
The solutions aren't incorrect, just naïve -- but they do assume global altruism.
Brings up a lot of great points for discussion, but the execution is lacking. Broad scope of topics. The book dates itself by referring to a high-fat diet as disease inducing multiple times.
If anything, I’ll be using this to browse for topics to research more thoroughly. Global currency, petrochemicals, the bond market, etc.
A sort of new age narrative, not a well researched argument of a post dollar crash actions and what should be expected in such cases. Some reasonable material on American fiscal system, but all beyond our control.
Brief, and in truth for myself, it breaks no new ground or taught me anything I hadn't already known or believed regarding our economic policies since the Volcker era. Having said that, I would recommend it to anyone looking for a palatable synopsis of why I believe we will see the eventual collapse of our monetary system. His fictional "timeline" however while reeking of juvenile titillation, is not out of the realm of possibility altogether. There is wisdom to be heard here, preparation and planning for anything in life is never foolish. To ignore the possibility of collapse is simply blind faith.
Interesting book. Seems like a chicken little “the sky is falling” type of book meant to scare us. And yet the facts of the current state of the U.S.’s economy coupled with our nation���s rapidly rising debt seems to point toward the direction about which this author is warning. Let’s be wise, reduce our personal debt, buy gold, and trust in Jesus to take care of us. The author then strays from his area of expertise (finance/economics) to make uneducated comments about religion, the antichrist, and a one-world government. “Eat the meat and spit out the bones”: this book has some helpful points, but the rest becomes nonsense opinions about topics above the author’s pay-grade.
If you want a book that pushes a one world government as the solution to all our problems, then read this book. Otherwise trash it! This book has very few facts and tons of opinions, that aren't even rationally thought through. This guy is way off base on a lot of topics, especially religion, oil and gas drilling, and politics. Don't waste your time reading this one!
Disappointing. This is not a scholarly work. There is no bibliography. Few of Vickers' assertions are attributed to any credible reference. His presentation of a "post dollar crash" scenario is interesting and thought provoking.
What a waste of time. The book is one long rant against: technology, health care industry, chemicals, etc. I totally lost it when he advocated giving whales and dolphins human rights. Had nothing to say about how to prepare. Avoid.
Very interesting information, but although the author thinks he gave us strategies about what we should do, I felt that I was still confused as to where to turn or what I should be doing specifically to protect my family
I thoroughly enjoyed this book. It was an eye opener for me in many ways. Very good advice on the many ways we need to create change for the survival of the world, both in nature and the global economy. Everyone should read this one. It is a fast read.
I buy his analysis that our economy is on the brink of disaster. His solutions for what to do after the dollar collapses I highly disagree with. He became more than a little spooky as he lovingly talked of a "new world order"
This book preaches and you have got to be part of the choir to be reading this book. I found more political agenda and propaganda than analysis and valuable insights in this book.
A truly terrifying account of what it may look like if the dollar crashes. The way our politicians spend money, I'm wondering if they want to see if Mr. Vickers is right.
I believe every book has some good points no matter how you feel about it in the end. With that being said, their are plenty of other financial books that need to be read before this one.