The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market Hardcover – April 22, 2013
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