The real crash : America's coming bankruptcy--how to save yourself and your country /
Predicts a worse crash if key economic changes cannot be made, arguing that American consumer habits are at the heart of today's problems and recommends that the nation declare bankruptcy and rebuild broken systems from scratch.
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| Format: | Book |
| Language: | English |
| Published: |
New York :
St. Martin's Press,
c2012.
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| Edition: | 1st ed. |
| Subjects: | |
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Table of Contents:
- pt. 1. The problem. Where we are and where we are headed ; How we got here : government is the problem
- pt. 2. The solutions. Jobs, jobs, jobs : government can improve employment only by getting out of the way ; How to fix the financial industry : deregulate ; Sound money : return to the Gold Standard ; Tax reform : for starters, end the income tax ; Tear up the "third rails" : end Social Security and Medicare ; Fixing higher ed : time to drop out of college? ; Health care : repealing ObamaCare is just the beginning ; Putting government in its place ; America is bankrupt : time to admit it ; Investing for the crash
- Appendix 1. Letter to investors
- Appendix 2. A brief history of money in America.