Code Red
How to Protect Your Savings From the Coming Crisis
1. Auflage Dezember 2013
368 Seiten, Hardcover
Praktikerbuch
Wall Street Journal Bestseller
Valuable insights on monetary policies, their impact on your financial future, and how to protect against them
Written by the New York Times bestselling author team of John Mauldin and Jonathan Tepper, Code Red spills the beans on the central banks in the U.S., U.K., E.U., and Japan and how they've rigged the game against the average saver and investor. More importantly, it shows you how to protect your hard-earned cash from the bankers' disastrous monetary policies and how to come out a winner in the irresponsible game of chicken they're playing with the global financial system.
From quantitative easing to zero interest rate policies, ZIRP to the impending currency wars, runaway inflation to GDP targeting, authors Mauldin and Tepper achieve the impossible by not only explaining global monetary policy and its consequences in plain English, but also making it compelling reading.
* Outlines time-tested strategies for surviving and thriving in these tumultuous times
* Addresses how issues such as quantitative easing, financial repression, currency wars, bubble economies, and inflation impact our everyday lives as well as our financial future
* Written by a team of bestselling authors and experts in this dynamic field
How did we get here and where are we headed? What can you do to insulate yourself against, and profit from, economic upheaval and secure your financial future? Find out in Code Red.
Introduction: Code Red 1
Part I 11
Chapter One: The Great Experiment 13
Chapter Two: Twentieth-Century Currency Wars: The Barbarous Relic and Bretton Woods 33
Chapter Three: The Japanese Tsunami: Starting a Currency War 57
Chapter Four: A World of Financial Repression 91
Chapter Five: Arsonists Running the Fire Brigade 117
Chapter Six: Economists Are Clueless 133
Chapter Seven: Escape Velocity 171
Chapter Eight: What Will Happen When It All Goes Wrong 201
Chapter Nine: Easy Money Will Lead to Bubbles and How to Profit from Them 221
Part II: Managing Your Money 251
Chapter Ten: Protection through Diversification 253
Chapter Eleven: How to Protect Yourself against Inflation 271
Chapter Twelve: A Look at Commodities, Gold, and Other Real Assets 301
Conclusion 319
Afterword 325
Notes 341
About the Authors 343
Index 345
JONATHAN TEPPER is the Chief Editor of Variant Perception (www.variantperception.com), a macroeconomic research group that caters to hedge funds, banks, and family offices. He is the coauthor, with John Mauldin, of Endgame: The End of the Debt Supercycle, a book on the sovereign debt crisis. Jonathan has worked as an equity analyst at SAC Capital and as a Vice President in proprietary trading at Bank of America. In addition, he is a founder of Demotix, a citizen-journalism website and photo agency which he sold in 2012 to Corbis, a Bill Gates-owned company. In 2012, Jonathan was a finalist for the Wolfson Economics Prize, an open challenge for economists to find the most efficient and least disruptive way to break up the euro. Jonathan is an American Rhodes Scholar. He lives in London but travels frequently to the U.S., Europe, and Asia to speak at conferences. He earned a BA with highest honors in economics and history from the University of North Carolina at Chapel Hill, and an MLitt in modern history from Oxford University.
