Review of Contagion: The Financial Epidemic That is Sweeping the Global Economy... and How to Protect Yourself from It (Hardcover)

In 2003, I read my first John Talbott's book, The Coming Crash in the Housing Market. He was simply ahead of his time with his prediction of the housing market, Fannie Mae, Freddic Mac, etc. In 2006, I read Sell Now, and this was right before THE PEAK, and this time he was simply spot on. Of course, he wrote Obamanomics, when everybody thought Hillary was going to win. This is how good this author is.

Naturally, I devourved his latest book, Contagion. This book has no charts, no tables, but the message is clear: this time the recession is gonna be deep and long, and no countries can escape it, and there are only a few things you can do: cash, TIPS, gold, and if you must, only one other country to invest in. He has another message, that our country has been hijacked, and this mess is not an accident, and we need reforms.

Regarding his prediction about this recession, I just hope that he is wrong just this one time. But given the case he laid out, I think that's just wishful thinking.



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