
Conquer the Crash
You Can Survive and Prosper in a Deflationary Depression
Robert R. Prechter(Author)
Wiley (Publisher)
2nd Edition
Published on 24. November 2009
Book
Hardback
480 pages
978-0-470-56797-5 (ISBN)
Description
Today's financial and economic tribulations were a long time in the making. Many people ask, "Why didn't someone see it coming?" A New York Times bestselling book did see it coming. Over 100,000 people read it in time to protect their wealth. The book foresaw and explained the collapse in home prices, plunge in stocks, subprime debacle, liquidity crisis, the demise of Fannie and Freddie, the Federal Reserve's failure to turn the trend, and lots more. The book was Robert Prechter's Conquer the Crash, published in early 2002, when the Dow was above 10,000 and the financial world was partying around-the-clock.
Fast forward to today: the average U.S. homeowner has suffered a decline of 30% to 40% in property value. Stocks and commodities had their biggest fall since 1929-1932. Fannie Mae is a zombie corporation under the government's protection. The Fed has pushed every button at its disposal (and then some), to no avail. If Prechter thought a whole new book would help, he'd have written one. But Conquer the Crash is a book-length forecast that's still coming true -- only some of the future has caught up with the specific predictions he published back then. There is much more to come. That means more danger, but also great opportunity. Conquer the Crash, 2nd edition offers you 188 new pages of vital information (480 pages total) plus all the original forecasts and recommendations that make the book more compelling and relevant than the day it published.
In every disaster, only a very few people prepare themselves beforehand. Think about investor enthusiasm in 2005-2008, and you'll realize it's true. Even fewer people will be ready for the soon-approaching, next leg down of the unfolding depression. In this 2nd edition, Prechter gives a warning he's never had to include in 30 years of publishing -- namely, that the doors to financial safety are closing all over the world. In other words, prudent people need to act while they can. Conquer the Crash, 2nd Edition readers will receive exclusive online access to the Conquer the Crash Readers Page, where Prechter continually updates the book's recommended services and institutions.
Fast forward to today: the average U.S. homeowner has suffered a decline of 30% to 40% in property value. Stocks and commodities had their biggest fall since 1929-1932. Fannie Mae is a zombie corporation under the government's protection. The Fed has pushed every button at its disposal (and then some), to no avail. If Prechter thought a whole new book would help, he'd have written one. But Conquer the Crash is a book-length forecast that's still coming true -- only some of the future has caught up with the specific predictions he published back then. There is much more to come. That means more danger, but also great opportunity. Conquer the Crash, 2nd edition offers you 188 new pages of vital information (480 pages total) plus all the original forecasts and recommendations that make the book more compelling and relevant than the day it published.
In every disaster, only a very few people prepare themselves beforehand. Think about investor enthusiasm in 2005-2008, and you'll realize it's true. Even fewer people will be ready for the soon-approaching, next leg down of the unfolding depression. In this 2nd edition, Prechter gives a warning he's never had to include in 30 years of publishing -- namely, that the doors to financial safety are closing all over the world. In other words, prudent people need to act while they can. Conquer the Crash, 2nd Edition readers will receive exclusive online access to the Conquer the Crash Readers Page, where Prechter continually updates the book's recommended services and institutions.
Reviews / Votes
'...a rollicking read, with plenty of charts and other supporting material.' (Investors Chronicle, January 2010).More details
Edition
2., Auflage
Language
English
Place of publication
Chichester
United Kingdom
Publishing group
John Wiley and Sons Ltd
Target group
Professional and scholarly
Illustrations
ill
Dimensions
Height: 23.9 cm
Width: 16.4 cm
Thickness: 40 mm
Weight
793 gr
ISBN-13
978-0-470-56797-5 (9780470567975)
Schweitzer Classification
Other editions
Additional editions

Book
approx. 03/2011
2nd Edition
Wiley
€36.08
Not yet published
Previous edition

Robert R. Prechter
Conquer the Crash
You Can Survive and Prosper in a Deflationary Depression Expanded and Updated
Book
11/2003
1st Edition
Wiley
€17.90
Article exhausted; check for reprint
Person
Robert Prechter, Jr., is a social theorist and market analyst. He is President of Elliott Wave International (elliottwave.com), a publishing firm serving investors around the world. Prechter has authored 14 books. His Elliott Wave Principle with A.J. Frost in 1978 predicted the great bull market. Conquer the Crash (first edition, 2002) forecasted the financial meltdown.
Prechter's two-book set Socionomics (1999/2003) presents his seminal hypothesis that endogenously regulated waves of social mood determine the character of social actions. His Socionomics Institute (socionomics.net) is dedicated to explaining and applying socionomic theory.
For more information, please visit RobertPrechter.com.
Prechter's two-book set Socionomics (1999/2003) presents his seminal hypothesis that endogenously regulated waves of social mood determine the character of social actions. His Socionomics Institute (socionomics.net) is dedicated to explaining and applying socionomic theory.
For more information, please visit RobertPrechter.com.
Content
Publisher's Preface.
Foreword.
Book One: WHY A STOCK MARKET CRASH, MONETARY DEFLATION AND ECONOMIC DEPRESSION ARE LIKELY TO OCCUR SOON.
Part I: The Case for Crash and Depression.
1: A Myth Exposed.
2: When Do Depressions Occur?
3: When Do Stock Markets Turn from Up to Down?
4: The Position of the Stock Market Today.
5: Evidence from Stock Participation and Economic Performance.
6: The Significance of Historically High Stock Market Valuation.
7: The Significance of Historically Optimistic Psychology.
8: Implications for the Stock Market and the Economy.
Part II: The Case for Deflation.
9: When Does Deflation Occur?
10: Money, Credit and the Federal Reserve Banking System.
11: What Makes Deflation Likely Today?
12: Timing Deflations: The Kondratieff Cycle.
13: Can the Fed Stop Deflation?
Book Two: HOW TO PROTECT YOURSELF AND PROFIT FROM DEFLATION AND DEPRESSION.
14: Making Preparations and Taking Action.
15: Should You Invest in Bonds?
16: Should You Invest in Real Estate?
17: Should You Invest in Collectibles?
18: Should You Invest in "Cash"?
19: How To Find a Safe Bank.
20: Should You Speculate in Stocks?
21: Should You Invest in Commodities?
22: Should You Invest in Precious Metals?
23: What To Do With Your Pension Plan.
24: What To Do With Your Insurance and Annuities.
25: Reliable Sources for Financial Warnings.
26: How To Ensure Your Physical Safety.
27: Preparing for a Change in Politics.
28: How To Identify a Safe Haven.
29: Calling in Loans and Paying Off Debt.
30: What You Should Do If You Run a Business.
31: What You Should Do with Respect to Your Employment.
32: Should You Rely on Government To Protect You?
33: A Short List of Imperative "Do's" and Crucial "Don'ts".
34: What To Do at the Bottom of a Deflationary Crash and Depression.
Book Three: Added for the 2009 edition.
Publisher's Note.
Appendix A: Added Services & Updated Contact Information.
Appendix B: Updated U.S. Banks, Insurers and Money Market Funds.
Appendix C: Elliott Wave Theorist Market Commentary, 2003-2007.
Appendix D: Elliott Wave Theorist Deflation Commentary, 2003-2007.
Appendix E: Full Circle.
References.
Foreword.
Book One: WHY A STOCK MARKET CRASH, MONETARY DEFLATION AND ECONOMIC DEPRESSION ARE LIKELY TO OCCUR SOON.
Part I: The Case for Crash and Depression.
1: A Myth Exposed.
2: When Do Depressions Occur?
3: When Do Stock Markets Turn from Up to Down?
4: The Position of the Stock Market Today.
5: Evidence from Stock Participation and Economic Performance.
6: The Significance of Historically High Stock Market Valuation.
7: The Significance of Historically Optimistic Psychology.
8: Implications for the Stock Market and the Economy.
Part II: The Case for Deflation.
9: When Does Deflation Occur?
10: Money, Credit and the Federal Reserve Banking System.
11: What Makes Deflation Likely Today?
12: Timing Deflations: The Kondratieff Cycle.
13: Can the Fed Stop Deflation?
Book Two: HOW TO PROTECT YOURSELF AND PROFIT FROM DEFLATION AND DEPRESSION.
14: Making Preparations and Taking Action.
15: Should You Invest in Bonds?
16: Should You Invest in Real Estate?
17: Should You Invest in Collectibles?
18: Should You Invest in "Cash"?
19: How To Find a Safe Bank.
20: Should You Speculate in Stocks?
21: Should You Invest in Commodities?
22: Should You Invest in Precious Metals?
23: What To Do With Your Pension Plan.
24: What To Do With Your Insurance and Annuities.
25: Reliable Sources for Financial Warnings.
26: How To Ensure Your Physical Safety.
27: Preparing for a Change in Politics.
28: How To Identify a Safe Haven.
29: Calling in Loans and Paying Off Debt.
30: What You Should Do If You Run a Business.
31: What You Should Do with Respect to Your Employment.
32: Should You Rely on Government To Protect You?
33: A Short List of Imperative "Do's" and Crucial "Don'ts".
34: What To Do at the Bottom of a Deflationary Crash and Depression.
Book Three: Added for the 2009 edition.
Publisher's Note.
Appendix A: Added Services & Updated Contact Information.
Appendix B: Updated U.S. Banks, Insurers and Money Market Funds.
Appendix C: Elliott Wave Theorist Market Commentary, 2003-2007.
Appendix D: Elliott Wave Theorist Deflation Commentary, 2003-2007.
Appendix E: Full Circle.
References.