In his runaway national best-seller The Great Depression of 1990, Professor Ravi Batra explained why we're headed for an unprecedented economic collapse. His new book tells you how to survive-and come out on top-while others will be lucky to keep their heads above water.
Most people were shocked by the stock market crash of October 1987. Not Professor Batra. The crash merely con- firmed his chilling thesis that we're sliding inexorably toward global depression. But as we see the first signs of the coming collapse unfolding before our eyes, what can we do to protect our assets, our homes, our investments, our jobs? And what can our government do to shorten the coming depression?
Surviving the Great Depression of 1990 tells you exactly what to expect as the economy falters and falls apart. It spells out a detailed, step-by-step financial survival program as well as a complete how-to strategy for protecting your assets and investments. You'll learn:
Why having a substantial cash "cushion" is important (a directory steers you to the 2,000 safest banks and thrifts in America)
• Why now is a good time to obtain an unsecured credit line from your bank
• Which investments are most likely to retain their value or appreciate during the depression-gold, corporate AAA bonds, T-bills, and municipal bonds
• Why real estate is a bad place to tie up your assets now- but will offer great bargains in the future
• Why you should stay out of the stock market right now- and when should you back in • Why the financial services, import-export, durable goods, raw materials, and defense-related industries will be hardest hit by job losses, while health care, education, and repair services will remain strong
• And much more.
With Ravi Batra's unique financial action plan, you'll be able to minimize the depression's effect on you and your family and flourish in the hard times ahead.
In his conclusion, Professor Batra puts forward a bold economic reform plan that could soften the impact of the depression for all of us. If Washington acts now to narrow the growing gap between rich and poor and to reduce our ballooning budget and trade deficits, then the duration and scope of the depression could be greatly reduced. Surviving the Great Depression of 1990 is an urgent call to action-and an indispensable guide that will help you not only survive but prevail.