The Coming Bond Market Collapse

The coming financial apocalypse and what government and
individuals can do to insulate themselves against the worst
shocks
In this controversial book a noted adherent of Austrian School
of Economics theories advances the thesis that the United States is
fast approaching the end stage of the biggest asset bubble in
history. He describes how the bursting of the bubble will cause a
massive interest rate shock that will send the US consumer economy
and the US government--pumped up by massive Treasury
debt--into bankruptcy, an event that will send shockwaves
throughout the global economy. Michael Pento examines how policies
followed by both the Federal Reserve and private industry have
contributed to the impending interest rate disaster and highlights
the similarities between the US and European debt crisis. But the
book isn't all doom and gloom. Pento also provides well-reasoned
solutions that, government, industry and individuals can take to
insulate themselves against the coming crisis.
* Paints an alarmingly vivid picture of the massive interest rate
shock which soon will send consumers and the government into
bankruptcy
* Backed by a wealth of historical and economic data, Pento
explains how the bubble was created and what the U.S. can do to
mitigate the impending crisis
* Provides investors with sound strategies for protecting
themselves and their assets against the coming financial
apocalypse
* Explains why retirees, in particular, will be at risk as real
estate prices decline, pensions weaken, and the bond bubble
bursts