{"product_id":"contagion-isbn-9780470593677","title":"Contagion","description":"\u003cp\u003eBestselling author John Talbott outlines the troublesome economic times ahead and what can be done about them\u003c\/p\u003e \u003cp\u003eTough 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.\u003c\/p\u003e \u003cp\u003eIn \u003ci\u003eContagion,\u003c\/i\u003e 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.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eOffers practical suggestions as to how investors and homeowners can best weather this storm with straightforward advice on where to invest\u003c\/li\u003e \u003cli\u003eExamines real estate and housing issues to help you make the best decisions possible in this arena\u003c\/li\u003e \u003cli\u003eDetails the best ways to utilize stocks, bonds, TIPS, and commodities, and to prosper during this global crisis\u003c\/li\u003e \u003cli\u003eIf you really want to protect yourself from the unfolding economic crisis, then \u003ci\u003eContagion\u003c\/i\u003e is the book you need to read.\u003c\/li\u003e \u003c\/ul\u003e  Preface.  \u003cp\u003eChapter 1 Bamboozled.\u003c\/p\u003e \u003cp\u003eChapter 2 What Didn't Cause the U.S. Housing Boom and Bust.\u003c\/p\u003e \u003cp\u003eChapter 3 What Did Cause the U.S. Housing Boom and Bust.\u003c\/p\u003e \u003cp\u003eChapter 4 The Contagion Spreads from Subprime to Prime.\u003c\/p\u003e \u003cp\u003eChapter 5 How Low Will Housing Prices Go in the U.S.?\u003c\/p\u003e \u003cp\u003eChapter 6 The U.S. Economy Was Not in Great Shape to Begin With.\u003c\/p\u003e \u003cp\u003eChapter 7 The United States Enters a Long Recession.\u003c\/p\u003e \u003cp\u003eChapter 8 The Global Economy Catches the Contagion.\u003c\/p\u003e \u003cp\u003eChapter 9 Too Big to Fail—The $400 Trillion Derivatives Market.\u003c\/p\u003e \u003cp\u003eChapter 10 Local Governments Feel the Pinch.\u003c\/p\u003e \u003cp\u003eChapter 11 From Wall Street to Main Street.\u003c\/p\u003e \u003cp\u003eChapter 12 Demographics Magnify Contagion.\u003c\/p\u003e \u003cp\u003eChapter 13 Which Investments and Which Countries Will Weather the Storm the Best?\u003c\/p\u003e \u003cp\u003eChapter 14 Stop the Bleeding.\u003c\/p\u003e \u003cp\u003eChapter 15 No Future without Reform.\u003c\/p\u003e \u003cp\u003eChapter 16 A Warning Shot Across the Bow.\u003c\/p\u003e \u003cp\u003eReferences.\u003c\/p\u003e \u003cp\u003eAbout the Author.\u003c\/p\u003e \u003cp\u003eIndex.\u003c\/p\u003e \u003cb\u003eJOHN R. TALBOTT\u003c\/b\u003e is a bestselling author, a former investment banker for Goldman Sachs, and previously a visiting scholar at UCLA's Anderson School of Management. For the last decade, he has been writing full-time as an author, publishing six books and numerous peer-reviewed academic journal articles on economics and politics. His books include \u003ci\u003eSlave Wages; The Coming Crash in the Housing Market; Where America Went Wrong: And How to Regain Her Democratic Ideals; Sell Now!: The End of the Housing Bubble;\u003c\/i\u003e and \u003ci\u003eObamanomics\u003c\/i\u003e. Talbott has served as an economic advisor to a number of developing countries, including Jordan and Russia. He has appeared live on CNN, Fox News, CNNfn, CNBC, MSNBC, and CBS, and has published articles in the \u003ci\u003eWall Street Journal, Boston Globe, Philadelphia Examiner, San Francisco Chronicle,\u003c\/i\u003e and \u003ci\u003eFinancial Times\u003c\/i\u003e.  For more than a decade, bestselling author and former investment banker John Talbott has accurately called many of the major financial crises we have faced long before they occurred. In 2003, he predicted the housing market collapse in his bestselling book, The Coming Crash in the Housing Market. In 2006, he foretold the peak in housing prices and wisely explained Sell Now!, in a timely sequel to his bestseller. Most recently, he insightfully probed the bottom-up economic policies that would guide Barack Obama to the White House in his book Obamanomics.\u003cbr\u003e \u003cbr\u003e   \u003cp\u003ePast is always prologue for Talbott, and his economic reasoning and free-thinking forecasts about the future have captured people's attention. In his latest book, Contagion, he again warns about what once seemed implausible and impossible—the deepest global recession the world has ever seen, one that will forever shake the economic foundations and social fabric of our lives.\u003c\/p\u003e \u003cp\u003e\"Talbott is the author of two books that foretold the pain homeowners are now experiencing. . . . So far many of John Talbott's predictions have been spot-on. But as the housing bust continues, homeowners in my neighborhood and beyond have every reason to hope his prescience proves short-lived.\"\u003cbr\u003e —Daniel McGinn, national correspondent, Newsweek, and author of House Lust: America's Obsession with Our Homes\u003c\/p\u003e \u003cp\u003e\"When John Talbott's controversial book, The Coming Crash in the Housing Market, hit store shelves in 2003, the real estate industry—and everyone else who stood to profit from the dizzying rise in U.S. home prices—gave it a hostile reception. So, with subprime mortgage losses and credit woes now the number one topic in the markets, what does the former Goldman Sachs investment banker see next?\"\u003cbr\u003e —The Globe and Mail (September 14, 2007)\u003c\/p\u003e \u003cp\u003eWith the worldwide financial crisis and economic contagion mutating in ways that foreshadow global economic meltdown, Talbott explores the necessary government actions and reforms—and strategies that investors can use—to weather one of the worst financial crises in history. Never have Talbott's predictions been as bold, or his advice about what to do in the future more timely.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47988980187365,"sku":"NP9780470593677","price":16.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470593677.jpg?v=1761782297","url":"https:\/\/k12savings.com\/products\/contagion-isbn-9780470593677","provider":"K12savings","version":"1.0","type":"link"}