The Ten Trillion Dollar Gamble: The Coming Deficit Debacle and How to Invest Now PDF
By:Russ Koesterich
Published on 2011-04-15 by McGraw Hill Professional
The next economic storm and how to prepare for it--from a top decision-maker at BlackRock An economic calamity is already looming on the horizon, and it's going hit the U.S. on a scale equal to the recent mortgage meltdown and liquidity crisis of 2008-2009. In February, President Obama announced that the 2010 budget deficit would surpass $1.5 trillion, an amount greater than the total debt of our nation in its first 200 years of its existence. And things only get worse from here: between 2010 and 2019, America will add one trillion of additional debt every year. In The Ten Trillion Dollar Gamble, Russ Koesterich, who manages over $100 billion for the world's largest money management company, offers compelling evidence supporting his prediction that the global economy is on the verge of more, even greater upheaval and provides his unique insight into: The structural weaknesses underlying the economic meltdown Why commodities will be so important in the next economic climate Likely ramifications to the real estate market The best stocks to buy and which ones to avoid Today's investing strategies will be rendered useless in the next storm's wake. Written by one of the most qualified people in the business, The Ten Trillion Dollar Gamble offers a plan for protecting your wealth and preserving the power of your savings. Table of Contents Chapter 1. Why Worry About the Deficit? Chapter 2. Why the Deficit Will matter to You Chapter 3. What to Watch Chapter 4. How to Manage Your Cash and Debts Chapter 5. Investing in Bonds in a Rising Rate Environment Chapter 6. Stocks to Buy and Avoid Chapter 7. Why You May Need Commodities Chapter 8. What to do with Real Estate Chapter 9. Putting it All Together Chapter 10. Conclusion: Can We avoid the budget debacle?
This Book was ranked at 10 by Google Books for keyword Investing Bonds Business Money.
Book ID of The Ten Trillion Dollar Gamble: The Coming Deficit Debacle and How to Invest Now's Books is lb8AjHPGexMC, Book which was written byRuss Koesterichhave ETAG "1gZ1M5bkzDM"
Book which was published by McGraw Hill Professional since 2011-04-15 have ISBNs, ISBN 13 Code is 9780071754040 and ISBN 10 Code is 0071754040
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