Financial Armageddon: Protecting Your Future from Four Impending Catastrophes, Revised and Updated Edition | 
 enlarge | Author: Michael J. Panzner
Publisher: Kaplan Publishing
Category: Book
List Price: $16.95
Buy New: $10.02
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Avg. Customer Rating:  36 reviews
Sales Rank: 14235
Media: Paperback
Edition: Rev Upd
Number Of Items: 1
Pages: 256
Shipping Weight (lbs): 0.8
Dimensions (in): 8.8 x 6 x 0.8
ISBN: 1427797412
Dewey Decimal Number: 332.024
EAN: 9781427797414
ASIN: 1427797412
Publication Date: May 6, 2008
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Product Description
From desperate interest rate cuts and chaos in global financial markets to the sub-prime mortgage crisis and a fast-crumbling tower of public and private debt, Wall Street insider Michael J. Panzner exposes the cracks in the dike, the looming economic threats, and the vast array of promises and obligations that will ultimately go unfulfilled.How did we get to this place, and how can we protect ourselves from the fallout? This revised and updated edition features a new introduction by the author on the predictions that have come to pass since the book was first published. It also provides a financial bomb shelter for every American by identifying the most pressing risks we face today as well as what we can do to survive the crisis: - How an unraveling economy will affect each one of us
- When to sell, what to buy, and where to invest as the crisis unfolds
- The social, political, and geopolitical fallout from widespread financial upheaval
Everyone must learn of the disaster-in-the-making so they can protect themselves, their families, and their economic well-being—before it's too late. Financial Armageddon is today’s call to action.
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| Customer Reviews: Read 31 more reviews...
 Of little value December 6, 2008
0 out of 1 found this review helpful
This is just another book which says that the economy is in bad shape, and which essentially gives the same old historical details about why the economy is in bad shape. Although I think most of this history is correct, so what? Most of us already know about that, and yet most of this book does nothing but restate all this history, with details, of course. As to the four very small chapters which purportedly give advice to those who ask "what should I do?", that advice can be boiled down to just a few phrases: plan carefully; be wary and cautious; and do your research. The only value I got from this book was the inclusion of web site addresses which give economic and financial information.
 Coould be Timely... November 16, 2008
2 out of 2 found this review helpful
If you think that the perfect storm is total collapse of the economic system, this is your book. Probability of everything outlined in this book actually happening? Not very likely - but one should be cautious with how one structures one's affairs... So it was for me more of a checklist - not necessarily one of impending doom.
Remarkably Prescient Book! A MUST READ! September 28, 2008
1 out of 1 found this review helpful
We are in perilous times. Now (i.e., late September 2008), we all realize it. Several years ago, virtually alone, Panzner predicted (in great detail) exactly what has now actually come to pass over the last few years, and---perhaps much more importantly, he warned us exactly what is coming in the near future.
Several years ago, he was regarded as being "an alarmist"; now, we recognize that he was (and is) a PROPHET!
I believe we all should read this book very carefully, and use it to plan for our families' futures. Buy copies of this for your friends---they'll soon be very grateful that you did.
Superficial August 25, 2008
13 out of 19 found this review helpful
I seldom buy financial books because most of them are simply print "scams". I bought this one because of the reviews and a recommendation by someone, and Mr Panzner's credentials. He certainly has the background to write a meaningful book on the subject. However, I was stunned at how extraordinarily superficial the book was, and thus felt compelled to write a review. The book takes some similar events in history and paints a potentially very scary future. And that future may come to pass, but you've got almost 200 pages of extrapolating those historical events into the future and very little else. Seems little more than an attempt to sensationalize and commercialize what "can" and possibly will happen. There is little digging into what precipated some of the events, and the "advice" offered is really pathetic. The fact that this got such high ratings is either a testimony to how many friends he has in the industry or how ill informed and poorly read our society is. The one thing for sure is that there was indeed a wealth transfer that occured here: my wallet to his. But other than that, there is absolutely no reason to purchase this book. Given his credentials, I would have thought he would have been mildly embarrassed to pen this. He could undoubtedly do better.
All Americans should read, unfortunately most will not! August 8, 2008
4 out of 4 found this review helpful
If you care about your family's future financial well being, this book is a must read. This is the second edition of the work, but Panzer made some predictions in the first edition, written a few years ago, that have come to pass alrady. While, I hope we never see the "armageddon" that Paznzer lays out, I do believe that we are poised for a massive recession or depression due to the recent credit and houing bubbles. Panzer lays out a series of events led by a weakening dollar, national trade budget shortfalls, and credit derivative misuse that could ultimately change the face of America and our current way of life. I would also recommend "The Demise of the Dollar" as a follow on read to this work.
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