Financial Reckoning Day: Surviving the Soft Depression of the 21st Century

Advanced praise from bestselling authors

"An investment book that will not only enlarge your investment horizon, but also make you laugh and thoroughly entertain you for a few hours."
—Dr. Marc Faber, author of the bestseller Tomorrow's Gold

"Financial Reckoning Day is . . . in the category of scintillating sex or good vision, something to be savored and enjoyed-before it is too late."
—James Dale Davidson, author of the bestseller The Great Reckoning and The Sovereign Individual

"A powerful and insightful vision . . . each paragraph stimulates a new rush of thoughts that fills in gaping holes in the investor's understanding of what has happened to their dreams . . . while prepping them to confront any new confusion that may arrive."
—Martin D. Weiss, author of the bestseller Crash Profits

Download Description
The investor's guide to surviving a slowing economy

Financial Reckoning Day is a "big picture" investment book that skillfully illustrates how the American economy is following in the footsteps of the Japanese economy, which fell into a long, soft "slow motion" deflationary depression brought about by two irresistible forces-its aging population and a structural reaction to the greatest financial boom in its history. With the U.S. market in a downturn, investors are looking for answers to why this is happening and what they can do to protect their investments. Financial Reckoning Day will provide the answers to those questions. Written by a team of well-respected financial professionals-whose publications and newsletters reach a quarter million investors each week-this book shows readers how the economic megaboom of the 1990s will inevitably be followed by a megabust in the first decade of the twenty-first century. Many believe that depressions are artifacts of financial history, not features of the future. Financial Reckoning Day shows why these events are a real possibility and discusses the dangers they pose to investors around the world, arguing that popular democracy, aging populations, and bad economic theories doom Western economics to bear markets, and falling consumer spending for years to come. More importantly, it shows readers how they can survive and thrive during such events.

William Bonner is President and CEO of Agora Publishing, one of the largest financial newsletters published in the world. Bonner is the creator of the Daily Reckoning, a contrarian financial newsletter. There are now more than 450,000 readers and the newsletter has received praise from numerous publications including Money and Worth magazines.
Addison Wiggin is Managing Editor for the Daily Reckoning financial newsletter.