Contagion

The Financial Epidemic That is Sweeping the Global Economy... and How to Protect Yourself from It

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  • Bestselling
  • author
  • John
  • Talbott
  • outlines
  • the
  • troublesome
  • economic
  • times
  • ahead
  • and
  • what
  • can
  • be
  • done
  • about
  • themTough
  • times
  • are
  • here,
  • and
  • author
  • John
  • Talbott-who
  • accurately
  • predicted
  • the
  • dot.com
  • technology
  • stock
  • collapse
  • as
  • well
  • as
  • the
  • recent
  • housing,
  • mortgage,
  • and
  • financial
  • crises-argues
  • that
  • the
  • coming
  • global
  • recession
  • will
  • be
  • unlike
  • anything
  • we've
  • ever
  • seen.In
  • Contagion,
  • Talbott
  • turns
  • his
  • attention
  • to
  • this
  • crisis
  • and
  • offers
  • insights
  • on
  • what
  • can
  • be
  • done
  • to
  • navigate
  • such
  • treacherous
  • terrain.
  • Talbott
  • sets
  • the
  • stage
  • by
  • discussing
  • how
  • government
  • borrowing
  • and
  • spending
  • on
  • the
  • war,
  • healthcare,
  • Social
  • Security,
  • and
  • corporate
  • giveaways
  • combined
  • with
  • dramatic
  • increases
  • in
  • personal
  • spending,
  • fueled
  • by
  • credit
  • card
  • and
  • mortgage
  • debt,
  • have
  • funded
  • unsustainable
  • levels
  • of
  • personal
  • and
  • government consumption.
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