Newsmax’s Aftershock Survival Guide Reviews – Legit or Scam?

 


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Newsmax’s Aftershock Survival Summit was a website presentation created in 2011 for promoting the ideas and concepts of economists Robert Wiedemer, David Wiedemer, and Cindy Spitzer, who wrote the book Aftershock.

Recently the featured presentation has been rereleased as the Aftershock Survival Summit 2013 and is a video presentation of an interview with Robert Wiedemer.

This interview covers a description of what went wrong with the economy and how he and his fellow economists were able to spotlight these problems before anyone else could.

The Newsmax’s Aftershock Survival Summit 2013 then discusses with Wiedemer the potential problems that may still affect the American and global economies within the next two years or so, and what the average American should do to protect themselves.

Why Did the American Economic Bubble Burst?

According to Wiedermer and his associates, the bubble burst because the growth of the Stock Market and the housing market was artificial. “Artificial” because they were growing at rates significantly larger and faster than both the economy and personal income levels.

Now, this is not especially groundbreaking news. Since the market crashed in 2008, many economists have pointed out this same explanation.

The difference between Wiedemer and his associates, as pointed out by Newsmax.com, is that they weren’t explaining the financial crash, they were predicting it. They published a book in 2006, America’s Bubble Economy, which explained and foresaw the current economic recession.

This impressive economic prediction is why Newsmax is featuring the Aftershock Survival Summit – to get Robert Wiedemer’s opinion on what American’s should do next to protect themselves.

What is Newsmax Offering?

Newsmax is offering a free copy of Wiedemer and his associates’ new book, Aftershock, along with an unpublished chapter that was “too controversial to be published.” You can get your copy for free, with just a $4.95 Shipping & Handling fee.

Along with the free book, you will receive three free trial subscriptions to newsletters: The Financial Intelligence Report, David Skarica’s Gold Stock Advisor, and The Franklin Prosperity Report.

If you do not cancel these trial subscriptions before they run out, you will be charged $99, $99, and $49, respectively, to continue your subscriptions, but if you choose, you can cancel them at any time.

 

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Customer Responses, Reviews, or Complaints


Average Rating for " Newsmax Aftershock Survival Guide " is 1.89 out of 5 based on 72 reviews.

  • Rating
      
    James says:

    May 30th, 2014 at 7:25 pm

    Don’t make the mistake of signing up. Even if the information provided was good info you won’t be able to escape the barrage of junk email and offers that follow. Even if you do call and cancel they will hold onto your information and then try to bill you 3 months after canceling to hope you miss the charges. Stay away at all costs.

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  • Rating
      
    buster says:

    May 5th, 2014 at 11:42 am

    Reminds me of the health care benefits team visiting my office for additional cancer care policies that employees could purchase. They inserted a large color photo in the cancer care packet that showed an elderly frail woman dressed up in granny garb, complete with a hat with a big flower. The caption read “if you get cancer, who is going to take care of you, “YOUR MOTHER?” Your mother in this photo looked like she had 6 months to live. I did not sign up for the additional cancer policy. Why did this health care company feel the need to distribute this scare tactic.

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  • Rating
      
    VOD says:

    January 22nd, 2014 at 2:53 pm

    Are all of you serious? Your on here calling the Wiedemer brothers and Cindy Spitzer along with their associated books a scam? Instead of spewing ignorant feces from your fingertips, I suggest you complete some due diligence and get to know the history of these fantastic economists.

    They were some of THE ONLY economists that predicted the multiple bubbles that burst during the Great Recession. Their book, America’s Bubble Economy: Profit When It Pops, was published in 2006. Their follow up book, The Aftershock, was first published in 2009 and then a later second edition. Within this new book, they speak of the greater, looming bubbles that will eventually pop. THEY DO NOT GIVE A SPECIFIC YEAR, but speculate it could be a few years out from when they printed the 2nd edition (so ~2015-2016) but that timeline could be stretched by continued quantitative easing, slow economic growth, etc.

    If you can read, then pick up their first book and follow that by their second. Their insights are spot on and completely relevant. What you do from that point on is up to you but for the sake of your family and the long-term security of your financial well-being, I would suggest taking some of their advice.

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  • Rating
      
    Thor says:

    January 22nd, 2014 at 2:20 pm

    Aftershock has been the most expensive book ever written. If you were to invest as they have recommended, you would have lost your shirt by now. As far as the 2006 prediction comming true, even a broken clock is right twice a day.

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  • Rating
      
    Terry says:

    November 29th, 2013 at 7:41 am

    Total scam to extricate money from people through fear.

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    Bert and Ernie says:
    December 5th, 2013 at 9:03 am

    Well I guess the crash didnt happen in 2013..stock market at all time high and gold/silver at lows..they want to prop up the metals by releasing this story but it didnt work. they got left out of the stock market rise and are stuck in precious metals that have lost a lot of money this year.

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    Abnoy Gollum Aquino says:

    October 8th, 2013 at 11:53 pm

    I’m amazed. His predictions are right on time. The US has now shutdown and will be defaulting by Oct 17. The gov’t can delay it, but the effects will just accumulate. All those doubters will be put to shame.

    Wiedemer predicted this in his 2010 book:

    John Burke of Newsmax: “This incredible book predicted that two more massive bubbles — the dollar and U.S. government debt — could burst by 2013.”

    Bob Wiedemer: “Based on my analysis, I predict foreign investors will begin to significantly lose confidence in their U.S. holdings sometime during, or shortly after, 2013…But this will get much, much worse when we hit 10 percent inflation. And, by 2016 a mass exodus of foreign investment could very well occur in the United States.”

    Wiedemer: “And, it won’t matter who’s in the White House in 2013. I don’t think there is any getting around that. I don’t like it. But it’s the lay of the land.”

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    Mark Wittkowski says:
    January 6th, 2014 at 7:27 pm

    Steve, Metals are down because of clear market manipulation since the last crisis. The banks are not ready YET, for the collapse of world currencies and other markets. Any educated person should by now surmise that it’s no longer if a major collapse is coming, but when…that is the only difficult part. The question is how long can the central banks keep this massive worldwide economic bubble from bursting. Thank God China is still tied so heavily to the dollar and our economy or they single-handily could bring us down in a day. Never in history has all the financial markets been tied together like today, and all the G20s and the ruling central banks are on the same page…create as much money as possible the markets and debt load can handle as fast as possible to prop everything up except metals, as long as possible.

    Can people still make returns in the paper markets in the short-term, sure but if they don’t get out in time this next crisis will make millions of investors poor for a very long time, unlike 2008. The fundamentals now as so much worse than then it’s scary, but you’re not going to hear it on the mainstream media of course that could trigger a collapse before the powers-that-be are ready. btw the inflation numbers are manipulated as well and many of the important indicators are not calculated in CPI. Just because gas prices are falling (for much different reasons) doesn’t mean we are not paying a lot more for other things, including consumables, supplies, etc. Keep in mind the core CPI does not include food, which as you know prices are rising much faster than the government reported inflation figures. Keep in mind the government (as we do just on a massive scale) benefit greatly from lower inflation and interest rates.

    Ref: http://business.time.com/2013/03/12/if-theres-no-inflation-why-are-prices-up-so-much/
    http://www.marketoracle.co.uk/Article39621.html Is The Government Lying To Us About Inflation?

    steve says:
    December 24th, 2013 at 5:00 am

    I’m surprised by your analysis. Gold is down, the Canadian dollar is down, inflation is down and the market is up even though tapering has started.

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    Newt Gingrich says:

    September 8th, 2013 at 5:54 am

    This is a scam my fellow conservatives. I hate that pinko liberal communist Barack Obama as much as the next red blooded American male, but this is just a scam. Not to self promote but I’ve got some books on the economy and be sure to catch me on the return of Crossfire on CNN in the coming few days.

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  • Rating
      
    Interesting says:

    August 22nd, 2013 at 2:41 pm

    The way to make money is to either see an emerging market and sell a product that fits or create a market and sell something that fits.

    I think they are creating a fear market and then selling their book, newsletters and what ever else they can create. In that sense, you are getting something for the money you are paying. BUT, if you are buying out of fear then you are not using a logical thought process to protect yourself as the consumer.

    To determine if it is a scam … ask yourself if you are truly purchasing a product that will benefit you in the long run. Some may find it handy. I on the other hand found the (free) pdf of the book online within minutes – no need to purchase. Will I get something out of it … maybe, maybe not!

    A true scam takes your money and gives you nothing in return! Honestly that does not appear to be the case here other than the “Fear Factor” approach!

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    CuriousGeorge says:
    September 8th, 2013 at 5:57 am

    Did the book turn out to be good?

  • Rating
      
    arblaster says:

    June 11th, 2013 at 11:23 pm

    If you have already read either Crashproof or The Little Book of Bull Moves in Bear Markets by Peter Schiff, do not bother with Aftershock. The Schiff books are superior, and more readable.

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    WaryofScams says:
    July 9th, 2013 at 10:02 am

    I actually agree with a lot of the economic analysis in the video interview, but am incredibly annoyed by the malware that this site apparently put on my mac the moment I clicked on the free Aftershock book offer icon; malware that brought down my search engines googlechrome and safari (only Bing seems to work – conspiracy by microsoft, maybe? :-). My office IT team is still stumped and what was supposed to be a 30 min interview on the global economy has cost me several hours this morning (and counting). Grrr.

  • Rating
      
    Rich says:

    June 5th, 2013 at 9:56 am

    I bought the book and paid for the site access. So I have one simple recommendation for everyone–DON’T DO IT! It’s a total scam. I’ve already reported it to the Better Business Bureau because they charged my credit card for numerous additional purchases, subscriptions, and fees!!
    The advice is complete lunacy and the guy is a complete quack. There isn’t a hint of intelligent economic theory in the whole video. Complete waste of time scam.

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    Frank says:
    July 25th, 2013 at 1:46 pm

    Hi Rich,

    Sorry to hear you got scammed. There are a number of web interviews or pieces of information like this out there that are just scams. The way I can usually tell is that they take literally forever to get to the punch line. If you have diligently listened for 5 mins and all that they have said is buildup with a few pieces of data, and none of the logic and reasoning of their statements is even hinted at that screams scam to me.

    srfgrl says:
    June 24th, 2013 at 5:16 pm

    my husband got caught in the same scam. He keeps calling them to cancel the subscription and they keep charging him anyway!

  • Rating
      
    Roger says:

    June 2nd, 2013 at 10:03 am

    I’m glad I did not read this stuff in January – when it came out. I read it last night – Jun 1, 2013.

    So there is 6 months of data to test the predictions.
    85% of the recommendations would have lost money.

    The reason why this article re-surfaced in yahoo this weekend is probably because the market went down 1% last friday. Kinda tingle the senses of the fear-mongers and get to the vulnerable folks who fear the sky will fall anyday.

    These type of people will only attract the weak hands and folks who are already thinking negatively. For level headed folks – they can see the bias and milking the 2006 prediction.

    Anyway Mr Weidner has a reasonable theory – and I don’t this he or newsmax are a con job. Just a half baked opinion they are proposing.

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  • Rating
      
    JP in Denver says:

    May 3rd, 2013 at 4:50 pm

    What a work of fiction this is. If you’re going to read a book titled Aftershock, skip this piece of scam garbage and read Robert Reich’s Aftershock which details the real problem – The increasing divide between the exteremely wealthy and the average American. Please don’t waste any money on Weidemans get-rich-quick scheme.

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    P. L. Hoag says:
    July 16th, 2013 at 10:20 am

    Amen. Thank you JP for this MOST “sane” response to the Weideman hype. Reich is for real.

  • Rating
      
    CommonSense Charlie says:

    April 24th, 2013 at 5:48 am

    P.S. Gold took huge hit last week… although gold is god in this video.

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    Bill says:
    May 19th, 2013 at 1:52 pm

    Gold took a big hit? J.P. Morgan sold enough paper gold that day to supply the paper for a few trillion $1 bills. The market is rigged. But that can last only so long. If Wiedemer’s prediction is accurate, gold and silver will go sky high.

  • Rating
      
    Matt says:

    April 16th, 2013 at 1:50 pm

    I’d recommend not watching the video, there’s something creepy about it.

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    MWMWMWM says:
    April 20th, 2013 at 1:20 am

    They’re actors, this thing is just a money grabbing scam meant to attract the most paranoid people.

  • Rating
      
    C Henderson says:

    April 14th, 2013 at 4:01 pm

    Interesting if true. I owned a house in the 80′s. We paid 12 % on our mortgage and watched friends lose their houses as rates went to 18%.
    Most of the young people buying houses today are unaware of the cost to themselves if rates go up 1 or 2%. When this blissful ignorance is combined with other debt and almost no savings the result of a modest increase in interest rates will cause serious damage.

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    Kyle says:
    April 16th, 2013 at 4:50 pm

    This is very true. Using excel to illustrate the example; for a 100K principal 30-yr note the following rates and payments (3.5% $450.72, 4.0% $477.42, 4.5% $506.69, 5.0% $536.82, 5.5% $567.79, 6.0% $599.55). You can multiply the payment by the ratio of actual principal amount to example principal amount to determine your payment, i.e. 150,000/100,000=1.5, 1.5*477.42 @ 4.0% interest rate.

    I think the video has some good points to bring caution to the watcher. The video is definitely a marketing ploy meaning a “look-a-like” news interview to create credibility. I have noticed multiple websites with strange but similar names and articles about these people like monex and money news and so forth. Basically multiple sites created by the same company to create more credibility with search engines and viewers alike. Very common ploy by internet marketers and other individuals trying to silicate themselves or their products they represent.

    I will be watching what the markets do. I believe the way things are going something will have to give. Stock markets will correct themselves in the near future as will the dollar continue to lose value due to inflation. This happens every year by at least 1-2% maybe more depending on lots of things. Interestingly, look into history and you will see a repeat of people who got lucky and made a “prediction” so they say and then they try to capitalize on it by making themselves out to be an expert. Almost all if not all of these “got-lucky-now-so-called-experts” get the future predictions wrong after their triumphant entry correct prediction.

  • Rating
      
    bob smith says:

    April 10th, 2013 at 6:11 pm

    The video promises free info. At the end of the (scam) interview the free info is only obtained by using a credit card to be charged $97.00 for some other financial bs. AND now that you’ve handed over your credit card….you guessed it, recurring mailings and billings!Course it’s a scam. There are no free lunches.

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  • Rating
      
    mane says:

    April 9th, 2013 at 6:27 am

    The book isn’t a scam, it is useless information though. He just talks about the past.

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  • Rating
      
    Sam says:

    April 1st, 2013 at 2:44 pm

    While I think there is some truth, and good information provided in the interview, the scripted and insincere format made it easy to spot it as a fake marketing ploy. Free book?! Reminds me of the joint supplement commercials: “They’re giving it away for free?! It must be good!”

    We are a nation of scared idiots, and this video is trying to milk that fact. Although, I hope you like the house you live in if you have a mortgage on it.

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  • Rating
      
    Cherry says:

    March 28th, 2013 at 12:19 pm

    Scam…you say? I’m sure they see it as…one way…to secure their financial future! “Beware of Greeks bearing gifts”. First rule of economics, “there is no such thing, as a free lunch”. LOL.

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  • Hotpocket says:

    March 28th, 2013 at 12:25 am

    So what’s the truth? Is this a scam or for real???

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  • Rating
      
    Jim says:

    March 27th, 2013 at 8:41 am

    The book was published some time ago, so suggest you look for it at your public library.

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    Cason says:
    April 2nd, 2013 at 5:25 pm

    Great Idea!!

  • Rating
      
    Organic Tea Lady says:

    March 17th, 2013 at 1:37 pm

    The news companies sell fear to us everyday while selling us the ABC, NBC and CBS News, etc. This is just someone else selling fear. With some advice mixed in. Mostly FEAR!

    I think it is a scam. All through the story they kept saying it was free. Nothing is ever free and this isn’t either.

    Please don’t sell your homes. Do get a fixed rate now as rates will be going up as inflation does.

    Pay off your bills. I have. I paid off my truck. I was at the end of my payment schedule. No credit card bills with variable rates.

    I think I will be fine. I will be doing my regular investing. Nothing will change. I will be investing more though. Saving more.

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    Cookie Monster says:
    April 3rd, 2013 at 7:36 pm

    The deficit will be 35% less in terms of dollars than it was in 2010. Things are getting better, not worse.

    Caleb says:
    March 26th, 2013 at 10:20 am

    I don’t agree with everything that Aftershock said but to think “nothing is going to change”? Wow, the national debt has raised over 46% over the last 6 years. THINGS WILL CHANGE! Be prepared, stop thinking that the government will keep this whole thing afloat!

  • Rating
      
    E W R says:

    March 16th, 2013 at 10:47 am

    Case study in marketing strategy of the most morally repugnant kind, following the script of Eddie Bernays.
    1) create a false sense of need: publish a book that permeates public thinking with fear around an existing stress point (in this case our economic woes) and offer a ‘solution’
    2) tell people how to meet the need you just created: publish an easily accessible ‘strategy’ manual and make sure it is well publicized
    3) meet the need and get rich: simultaneously and quietly create and invest in ventures that you recommend and squeeze them for full profitability, then dump them
    4) repeat

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    LB says:
    March 29th, 2013 at 7:49 am

    Sounds like Obummer’s strategy.

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    barak bush says:

    March 5th, 2013 at 12:03 am

    The fundamental ideas presented in the book make sense. But where’s the rub? “Sell your house and everything of value except what you need to get to work and entrust your money to us.” Paradise awaits you in the afterlife (in this case “the aftershock”). I’m going to sell my properties that are paid off and start paying rent? To whom? Aren’t they going to be affected to? Won’t they just increase the price of rent when the aftershock comes? As long as you can keep your job, sounds like it would make sense to buy the most expensive properties on the longest fixed term loan you can right now and watch the debt get inflated away when the aftershock hits. There was a whole chapter on how Bob was hurt because he wasn’t accepted in the Economics community. Sounded kind of psycho. Psycho con-artist, but again, the fundamental ideas do make sense. I just wouldn’t trust these people with any of my money. I hope no one sold their paid off houses on these guys advice and are stuck paying rent.

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    duh says:
    July 8th, 2013 at 1:01 am

    When he says sell he is recertification to people with home mortgages, not homes Passos outright.

    WheelSportPoor says:
    June 24th, 2013 at 6:11 pm

    barak bush, I believe you have made more sense that the rest of the collective comments combined.

  • Rating
      
    Mr. Anderson says:

    February 20th, 2013 at 11:47 am

    I found the book interesting. Some points I agreed with, disagreed with, found plausible or logical.

    Interestingly, the authors seem rosy about the rise of a one-world economy and international currency, as if it will solve the problems of our central bank and fiscal irresponsibility. It ignores the issues of world domination through further consolidation by the shadowy international banking elite.

    It cites adequacy and expansion of welfare programs as a mitigating factor to the “super depression”, though it does admit the costs of 40-50% unemployment will be supported by the middle class.

    It refers to some relatively concerning changes as “evolution”

    From a philosophical perspective, I find these issues, particularly the globalist views, puzzling and questionable. Brave new world, I suppose.

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  • Rating
      
    Trollslayer says:

    February 18th, 2013 at 12:28 pm

    Here is the best advice anyone can get.

    1.) Do not spend more than you earn.
    2.) Do not expect to ever get rich quick, so stop wasting your time and money on any hypes or claims.
    3.) Be very VERY frugile and save every bit of money you can. You will never know when some large financial hit will happen to you, and it will be great to be prepared. Plus, having a large amount of money for retirement is something everyone needs.

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  • Rating
      
    John NoMore Dough says:

    February 10th, 2013 at 4:01 pm

    How many know that when Clinton allowed the investment banks to operate as the other “banks” in 1999 they (the investment banks) devised a scheme? If you think Bernie Made off with funds, or Corzine’s MF (Missing Funds) Global was some kind of mistake, WC Fields was correct, there is one born every minute-but that was a LONG time ago, now one is born every second, if not 2 or 3 every second!

    Bottom line is FRAUD is FRAUD. No one bought homes they could not afford, the “lenders” scammed all of the 99.9% of “us”. FHFA filed lawsuits on Sept. 2, 2011, and on Nov. 28, 2012 federal judge bound them over for trial in the largest FRAUD scheme in history! 1st tenative trial date is scheduled for January 2014. The charges are criminal in nature, and only for the miniscule portion for Freddie & Fannie ($400Billion+-) You can see one of the lawsuits here: http://www.fhfa.gov/webfiles/22595/FHFA%20v%20Merrill%20Lynch.pdf

    Pay attention to the last 3 (of 9) CAUSE OF ACTIONS, FRAUD, MISREPRESENTATION, and they (the lenders and their CEO’s)KNEW EXACTLY what they were doing. After the S&L dibacle in 1989, Bush sr. created the RTC (Oct 89) sole purpose to close all S & L’s in America which no loger exist today. RTC “fazed” into the FDIC January 1996. Appraisals (the one and only way to determine values of real property) had guidlines established (USPAP) and appraisers became licensed. Following the USPAP guidlines, a condo IS worth a MILLION dollars when everyone gets a loan!

    The lenders (or scamers) and only the 17 bound over for trial, using a “special purpose vehical” called a REMIC (Real Estate Mortgage Investment Conduit) defrauded the investors, including Fanny & Freddie, to get their money, ARTIFICIALLY DRIVE UP PRICES, for one reason only!

    If you have not guessed it yet, the reason was MONEY! Not the peanuts Mr. Anthony Mozillo made by “systemic fabrication of documents for borrowers” but to resell the REMIC’S to the investors. Look at the size of the REMIC’s and the quantity. TRILLIONS! What investor, $100 million or $1.6 Billion expects to buy that size of an investment for zero? THAT IS WHERE THE SCAM TOOK PLACE, selling the REMIC’s in the “secondary” market. All the rest of “us” the 99.9% of the population were “fodder”, like it or not, that is the TRUTH.

    To allow this to continue, and allow the “lenders” to FORECLOSE on FRAUD LOANS is AGAINST THE LAW. The sad fact is, it does not matter what color you are, what religion or who you have sex with, it only matters they got your money, and will die (or kill) to keep it!

    Suckers born every second! Fraudsters and Banksters are not born, they are by design! Their design to manipulate for their gain! Sad but true! MOVE YOUR MONEY! Why support anyone (or any company) who has caused so much harm? Do the research, it’s not like you need to physically drive to the library of congress to read what is available online today! BECOME your own hero! Stand up for yourself!

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    Scott says:
    April 14th, 2013 at 3:57 am

    Actually, David Hannum said “there’s a sucker born every minute.” And he was one of them. Ad Hominem argument anyway.

    LauraL says:
    March 27th, 2013 at 10:48 am

    Wait a minute, while I firmly believe the lenders were part of the housing crisis, you simply cannot place all the blame at their doorstep. Banks ‘behaved’ as a profit seeking entity would in a capitalist society. Clinton, basically co-signed every single mortage with federal money. If there’s no risk to a loan, (and there isn’t if the fed gov’t is backing it), why wouldn’t you loan as much money as you could if you KNEW one way or another the money would be repaid? I blame Clinton more than I blame anyone. You are all acting as though an ‘entity’ should have a conscience. An entity is not a human being, it has no conscience; it simply seeks a profit. An entity is run by humans whose job it is to seek profit. Should they have been more responsible? Yes; but it’s still on Clinton for creating the environment that allowed pigs to be pigs.

    susans says:
    March 20th, 2013 at 6:39 pm

    Well said and thank you, John.

    The Casman says:
    March 7th, 2013 at 3:21 pm

    Find it hard to accept any ideas from someone who doesn’t even know that the phrase “There’s a sucker born every minute.” was said by P.T. Barnum, not W.C. Fields.

    EON says:
    February 23rd, 2013 at 12:11 pm

    John NoMore Dough is right. I am already in process to leave Chase for a local credit union. Move your money is the only thing you can do to protest against the banksters.

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    laura says:

    January 26th, 2013 at 7:18 pm

    This reeks of a scam, also the author is reading from a teleprompter and my red flags are officially up

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    passingby says:
    February 8th, 2013 at 2:26 pm

    u failed to give good reasons for your claim. you can only claim it as a scam if you read his book and and prove otherwise. otherwise you are merely indicating a guess or opinion. you dont have to spend the money to buy his book, to know wiedemer is warning of a crisis ahead. whether or not it came from wiedemer, there is a fiscal crisis ahead. do some research before posting

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    caleb page says:

    January 26th, 2013 at 7:24 am

    These authors knows that the American people are stupid. If you get them scared and raved up they will do what ever you tell them. With 50 millions book sales they are laughing to the bank. It is a giant scam.

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    Hans says:
    May 23rd, 2013 at 3:15 pm

    to passingby:

    Be the warning true or not it is still a scam to offer people a free book and then in small print hook them to 250$ newsletters that you hope and expect they will forget to cancel.

    passingby says:
    February 8th, 2013 at 2:30 pm

    this author is giving valid claims about the economy and its outlook. the borrowing bubble and dollar printing bubble would may eventually burst. you can intake his warnings without spending a dime on wiedemer’s other motive which is the promotions for solution. have you fully considered his warnings. everyone just dismisses his warning on the basis he is trying to sell something. these people are the true stupid idiots. altho its true they have an intent to make money. however, their warning isnt entirely false.

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    Dubious says:

    January 21st, 2013 at 10:00 pm

    The bottom line of this book boils down to what any monkey trained in economics can tell you- right now, stay away from stocks and risky investments and put your money in secure, insured savings. Diversify those holdings so that no one failure can affect you too badly. And paying off debt quickly is just common sense. Sound advice, but advice that you can get anywhere. This group of people is just tooting their own horns because they saw the first disaster coming better than anyone.

    There is one point I’d like to make clear to everyone that hasn’t been mentioned. The book states that (I’m paraphrasing here) “…there isn’t much the Federal Reserve can do to manipulate the value of the dollar…” Is that really true? Last I checked the Federal Reserve has the authority and the means to not only create our currency at will (Quantitative Easing is the most relevant example), but it also has the authority and means to DESTROY our currency at will. That’s why money can be taken out of circulation and replaced with new money. That sounds to me like the Federal Reserve has the ability to control the supply of currency, and thus directly control it’s value. Here’s a link explaining how that works- http://www.independent.com/news/2012/feb/25/how-us-federal-reserve-creates-and-destroys-money/
    So really, the author’s fears that “all that money coming home to roost” if the rest of world dumps their dollar holdings, thus devaluing the dollar, just comes off as sounding silly. Too much money around? They just make it disappear, problem solved. That’s why money supply will never devalue the dollar to the point of worthlessness or near worthlessness. It’s value may go down somewhat, but it certainly won’t be because there’s too much of it laying around.
    What do the rest of you think?

    REPLY

    ?? says:
    January 30th, 2013 at 9:42 pm

    I think you are confused. Everyone, but you, knows the defiition of inflation is..

    in·fla·tion/ɪnˈfleɪʃən/ Show Spelled [in-fley-shuhn] Show IPA
    noun
    1. Economics . a persistent, substantial rise in the general level of prices related to an increase in the volume of money and resulting in the loss of value of currency ( opposed to deflation ).

    Why are you trying to sound educated? A fourth grader could find that definition in a minute.

    On a deeper level though, that a sixth grader could research. The reserve doesn’t just print money and send it to circulation. The reserve loans money to banks at interest for the banks to put into circulation. And the rserve is not government its a private business. So no they cant just destroy currency at will without replacing it, that currency is a promise of repayment by the bank. Damaged money or coins are replaced and put back in circulation. And the inflation is mainly due to government spending, and debt.

    The economist is simply illustrating that the highs that we’ve seen as recovery are not recovery but a prolonging of the problem at large.

    And yes inflation is inevitable and he’s not the only one saying that. I think everyone knows that things really aren’t going in the right direction.

  • Rating
      
    Pissed off says:

    January 4th, 2013 at 7:03 pm

    Just download the damn book for free here and stop bitching you all.

    http://joomlaserverhost.com/misctradebooks/ProtectYourselfandProfitintheNextGlobalFinancialMeltdown.pdf

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    CR says:
    April 4th, 2013 at 10:28 am

    Not sure what RH is talking about. The download site worked for me…thanks!

    RH says:
    January 20th, 2013 at 1:30 pm

    Nevermind. I forgot to put .pdf at the end. When copying the link, I missed the .pdf. Otherwise, without the .pdf it takes you to the site of the transcript. Hmmmm, one way to hijack a URL.

    RH says:
    January 20th, 2013 at 1:26 pm

    I went to the above URL and it took me to a site where I can read the transcript from the video. It is not a copy of the book. Perhaps the book was available at this site at one time, but now it is not. Maybe the link was hijacked by Newsmax?

    Nic says:
    January 17th, 2013 at 1:09 am

    Thank you! do you have the latest version??

  • Rating
      
    Joe Patent says:

    January 4th, 2013 at 4:58 pm

    Where to begin?

    1. Predicting the 2008 Bubble: A lot of people did this, including the Chairmen of the Fed. Remember “Froth in the market?” I did, and sold out all my Real Estate (and made a bundle). No particular insight needed here – just common sense.

    2. Negative option marketing: You pay $4.95, but if you don’t cancel, you pay $99. Sounds like AOL – you spend hours on the phone asking why they didn’t get your cancel request. Just say “no” to negative option.

    3. Scare Tactics: “It’s all going wrong, but only WE know what to do to protect yourself!” And of course, they want you to invest in something they are selling.

    4. Fake-up “News” Site: The conservative group that hosts the site promoting the book presents it as a “news” story, when in fact they exist as a news organization only in their own minds. The real deal is a pitch to get you to buy this book. Any business relationship predicated on a deception, no matter how trivial, will go downhill from there.

    5. Unsourced data, erroneous data, anecdotal data: We are told Warren Buffet and other Millionaires are “dumping” all their stocks. Really? Actually, Buffet is BUYING stocks all the time – through Berkshire-Hathaway, of which I am a shareholder. Billionaires sell stock all the time – and buy other things.

    6. Past Due: The “News” article predicting all these dire things is dated August 2012. And still the market has yet to crash. Will it go down? Markets always do, you know. But of course, like most end-times theologists, they never set an ACTUAL DATE, so they can always say they aren’t wrong, just that it ain’t happened yet. But it ain’t happened yet.

    7. Dramatic predictions: The market will tank 90% – that is more dramatic than the Great Depression of 1929. Why will it do this? No reason is given, it just will. Suddenly, everything will lose its value, just because. Sorry. I could believe 20% or maybe even 30%. But only the plebes would fall for 90%.

    I think another reviewer said it best: Snake Oil Salesmen.

    Whenever someone is trying to sell you a book, whether it is for financial “secrets” or “diet tips” just walk away. There are no such inside secrets.

    And face it – if these guys really could predict the market, why on Earth would they tell YOU about it? They would be short-selling like mad and making tons of money.

    Aha – but that involves taking risks. Selling $99 books and newsletters, on the other hand, is just pure, guaranteed profit!

    One born every minute!

    REPLY

    M says:
    April 21st, 2013 at 9:05 pm

    I found the book for free at my local library or you can just buy the book at reputable places online (for far less than $99 + $49). You don’t have to go for their negative-option sales tactics if you want the book.

    passingby says:
    February 8th, 2013 at 2:39 pm

    “Just say “No” to negative-option sales tactics. You will never get your money back, period.” just make sure, everyone consider his warnings before dismissing it as a scam on the basis that you have to pay for something. true there is motive for $ however, his claims and outlook are also valid. why ignore his valid claims on the basis he is trying to promote his solution for $.

    ?? says:
    January 30th, 2013 at 9:50 pm

    Joe you have alot of valid points but none of them negates that probably some or maybe even all that he suggests should be considered which I really dont think is far from what most people are thinking anyway.

    It definitely is an slimey way for him to go about marketing. I know I didnt get anything free or not.

    Joe Patent says:
    January 4th, 2013 at 4:59 pm

    Whenever a “free book” and a “free newsletter” costs $99 and $49, respectively, your Spidey-sense should be tingling.

    Just say “No” to negative-option sales tactics. You will never get your money back, period.

  • Rating
      
    roger says:

    December 31st, 2012 at 2:25 pm

    My rating is for the Newsmax promo, not the book. Newsmax represents the interview and free copy of the book (including the controversial 11th chapter) as a public service, but turns out that it’s an info-mercial with the goal of selling subscriptions to Newsmax products.

    If you want the book, then buy the book. By the way, the 11th chapter is available for free (really) on Amazon:
    http://g-ecx.images-amazon.com/images/G/01/books/wiley/Aftershock_Amazon_Exclusive_Bonus_Chapter.pdf

    REPLY
  • Rating
      
    Steve says:

    December 31st, 2012 at 8:50 am

    Listen folks. This guy did give at least one piece of sound advice. But you don’t need his book to follow it. I’ve been doing it since before my fanny was handed to me in 2008. The stock side of my portfolio took a beating. My income side did not. Just go ahead and put your money in a good low cost TIPS fund, intermediate term treasury fund, or intermediate term bond index fund. If intermediate term scares you go to short term. Forget the rest. Like he said stay away from long term bonds or bond funds. I have used Vanguard for years due to their low cost plus they have check writing privileges. You can by bond ETF’s through a low cost broker like Scottrade ($7/trade) but the problem with that is you have a problem with reinvesting your monthly distributions. That money goes back into your Scottrade account so if you want to reinvest you have to initiate a trade. You can buy regular mutual funds through your broker but some funds have a transaction fee. It just depends on the fund. At Scottrade if the fund has a fee it is $17. But you can have your dividends and capital gains reinvested automatically like any other mutual fund. But why bother when you can go directly to a company like Vanguard or T. Rowe Price. Stay with no-load funds BTW whichever company you choose.

    REPLY

    Minnie says:
    January 25th, 2013 at 2:41 am

    Thanks for your advice.
    After reading the book, my husband is ready to sell everything and buy gold. I am more scared of his reaction than the authors prediction. I need someone to hold him down and tell him we aren’t going to lose our life savings in 401Ks because we didn’t follow the book’s advice. He is talking about learning to do “day trading” when he didn’t even know what “ETF” stands for before the book.
    Now I have to figure out how to cancel the subscriptions.

  • Rating
      
    Tom says:

    December 28th, 2012 at 3:06 pm

    There are many people like this Author who make money by scaring common man with all their predictions. Especially after the 2008 recession. Will this Author refund the money if his predictions does not happen between 2013 to 2016?????

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    bbloom says:
    February 2nd, 2013 at 11:50 am

    He wrote the first book before the 2008 crash. I am in the stock market but I believe that it is very much like a ponzzi scheme and had already started to put more money in cash. Scare or not there is no doubt that this country cannot continue to spend money it does not have just as an individual can not. Sooner or later, the bottom falls out. It should have happened in 2008, but it was propped up with money we did not have on things like money for taking off tattos and the list goes on.

    Yes, some people got rich or richer like Buffett, taking advantage of connections and the power he has thru Obama. But every dog has his day and so it will be with him. In the meantime, the average person is sitting on a time bomb because somebody has to pay for all the money spent by the government. The Feds can print the money, but if it does not buy anything, this country and the world becomes poorer. He is not saying we will die as a country, but that when the day of reckoning finally comes, there will be a lot of changes that need to take place now if only the Republicans had a backbone. At that point, the freebies will end because there will be so many that need it, the funds will not be there.

    Now as to selling his advise, I am skeptical and will choose wisely (i Hope) on his thoughts as to what you should do. The amount of money you make is directly dependant on how much you are willing to risk, and I do not have that kind of tolerance. I like the part where he says there is nothing wrong with conserving what you have. I might invest a small amount in his fund once it is accepted by Swabab. In the end, we will hit a bottom, of that I am sure and maybe we will get the fair tax, voter ID, and term limits on all politicians.

  • Rating
      
    JC says:

    December 28th, 2012 at 1:23 pm

    This whole concept is on the same level as a snake oil salesman

    REPLY
  • Rating
      
    EnoughAlready says:

    December 27th, 2012 at 7:21 pm

    OK, enough of the name calling on both sides. Back to the original point of a review – has anybody actually READ the book and can comment on its validity?

    REPLY

    I read it says:
    March 27th, 2013 at 11:38 am

    This is a late response. But yes, I have read the book. Very interesting and thought provoking. I did not like how they mention over and over to sign up with them for monthly payments or to invest with them which will cost you an outrageous amount. However, the book itself has good facts. It shows how the Fed Reserve is not fixing the problem. It gives suggestions on what to do other than investing in them which I appreciated. Overall, I recommend reading the book. If you have not followed what has happened since 2008 it will help you catch up and look past the main stream media. It helped me dig deeper into what is happening. Just by the book on amaz0n and you don’t have to invest in them to get the book
    This is a side note, but I have highly successful friends in the Seattle WA area who shocked me when I brought up the Fed “QE” and what it meant, they had no idea what I was talking about.

  • Rating
      
    Gregg says:

    December 19th, 2012 at 5:43 pm

    There are several of these “books” out, each with the same “con” involved. Everything’s free until you order..then you get taken to the cleaners. One was about self-sufficiency in energy, another was about the survival in these last days..and probably, there are more. I wouldn’t put too much stock in these folks.

    REPLY
  • Rating
      
    Emma says:

    December 16th, 2012 at 2:38 pm

    The initial spiel is a book that is hyped as free, but at the end of it all, an upfront investment is required, shrouded by conflicting refund promises (100% moneyback vs refund of unused portion?) available simply by writing, calling, faxing or emailing. Hmmm. No address, phone or fax number, or email address provided. Very uneasy/sleazy feeling. I am a conservative and support paying my own way, favor free markets and capitalism, but despise those who misrepresent their wares and waste my time. If an outfit will not honor its first promise before taking my money, I have zero rational basis to expect it will behave better once it obtains my money. Free markets work, and as a rational consumer, I choose not to purchase information from a vendor hawking its product with an internet version of the shell game. Maybe there is a valuable product under the shell you try to sell me – or maybe not. Thank you, but I will invest my subscription dues elsewhere, with only my time expended today. Truly, I had expected better from Newsmax.

    REPLY
  • Rating
      
    me says:

    December 16th, 2012 at 10:31 am

    I don’t know anything about the book but I do not like how they will charge 99 dollars for each news subscription they automatically sign you up for if you do not cancel in time. Who in their right minds will pay 250 dollars on news subscriptions especially if they fear in unstable economy. Sounds like a scam to me but Idk

    REPLY
  • Rating
      
    Jeff says:

    November 23rd, 2012 at 9:24 pm

    I have written 4 times to customer service with no reply at all. I wanted to know if I would get the copy of Aftershock as I am based in Singapore. They have charged me for the subscription but no indication whether would they ship out to Singapore. Start to worry if I am able to cancel the renewal in the coming year.

    REPLY
  • Rating
      
    Chronic says:

    November 12th, 2012 at 4:48 pm

    First Off, haven’t read the book. My problem with the whole concept is that they are profiting on people’s fear. They aren’t concerned with Fixing what is wrong, if they were they’d be giving away the information and trying to make real change in our economy. Just like the “end of America” website that is constantly changing its web address (fishy) and tells you how you can secretly profit during the upcoming crisis if you buy their secrets. His predictions may be true, however I’d like to see proof that he “predicted” the housing crash, and the recession. If that is the case, why didn’t he do something to stop it. Why do I have to pay for his new predictions and why on earth is he advising people to make money off the upcoming crisis, that seems very unscrupulous, how about using his knowledge for good instead of greed. Greed is what brought down the housing market. Greedy lenders lending money to people that didn’t qualify for loans and greedy homeowners that wanted a bigger house than they could ever possibly afford, hoping to sell it and use the profit to buy a bigger house they couldn’t afford.

    Book may be right, I also think people should protect themselves, I’m just not a fan of making money on the backs of the gullible. No different than the snake oil salesmens. Buy the book, make wiederman a rich man. Doubt he’ll do the same for you. Hard work is the secret to success, something I think a lot of people have forgotten in search of the next get rich quick scheme.

    REPLY
  • Rating
      
    Jean says:

    November 11th, 2012 at 12:53 pm

    Mr. Wiedemer has made many predictions that have come to fruition.

    To all you liberal doubting Thomas’ claiming to know economics 101, it’s time to go to school.
    LOGIC tells me that If I borrow lots of money that I can’t pay back, and I keep borrowing more and keep spending, without taking in enough cash to pay it back, I’m going to go belly up. ECONOMICS 101 !!!!!!

    You libs are living in never, never land. We are now in uncharted, never seen before territory and Obama is doing nothing to fix it! He’s truly inept.

    Paying off debt now (one of Mr. Wiedemers suggestions) is helpful legitimate advice given that inflation & high interest rates ARE coming. There will be no easy way out of Obamas reckless, unconscionable government spending. Not everything in life is a quick fix.

    The fact that the man wrote a book and is charging a whopping $16 at Amazon and has all of you in an uproar, shows how small minded you libs are. Sit back, be happy, and don’t change a thing.

    I ,on the other hand, will stay open minded. I will prepare for the worst and hope for the best.

    Hopefully one day, you name calling libs will grow up. It’s becoming so tiring to listen to the endless onslaught of profanity and intolerance. Such an angry group of people. Life is short. Enjoy.

    REPLY

    Anonymous says:
    February 28th, 2013 at 3:32 pm

    You do realize that liberals are economically conservative and republicans tend to be economically liberal? And increasing taxes and spending cuts are the main ideas behind conservative economics. Sure you can blame liberals for wanting more government spending for areas such as education, healthcare, social security, however republicans in general want to increase military spending is what got us into this mess in the first place.

    Salamander says:
    January 2nd, 2013 at 11:57 am

    You are correct in your assessment of future economic events as is Wiedemer. He doesn’t make any wild or outlandish arguments. He’s just employing sound and tested logic regarding capitalist macro economic principles. Too many dollars chasing to few goods will result in inflation which will lead to higher interest rates. The only real question is when will it all break loose.

    This guy is just doing what several people do who sell investment advice. But the difference is he is selling to the man on the street, not the man who has idle cash to invest and build wealth. Those rich folks are getting the same advice from high-priced advisors. And they will profit from whatever happens because they have the knowledge the man on the street does not have.

    The biggest problem facing our republic is the blind allegiance of camps on both sides who will buy any position of any candidate or office holder as long as they belong to the same camp. Meaningful participation in a government structure such as we have requires informed voters without an agenda such as these camps are selling. With the advent of the internet issues research is at our fingertips. Government data is widely available to analyze yourself without relying on cable or network TV or slanted print media. It is a responsibility of good citizenship to inform yourself and determine your own thoughts and positions on issues.

    We are in a very dangerous position economically in this country and really across the world. The inablity for government to support the populace at a reasonable cost in an efficient manner has put most economies across the world in serious and unsustainable debt. Yet not one leader in all these countries is trying to resolve it through rational measures. As is the human condition we will wait until it’s too late and fail to demand our leaders take steps because it will mean adjustment to our lifestyle. We are spoiled, ungrateful children in the way we react to the bad news. Maybe it’s time to strike up the band, the ship may be sinking.

    IAmHe says:
    December 24th, 2012 at 7:19 pm

    After reading your childish rant, I can’t help feel that you’re a shill for this questionable product.

    dguillot says:
    December 4th, 2012 at 4:03 pm

    The libs did not create this bubble. This goes beyond the political parties and resides in a misuse of an economic system. First we have the Feds who’s sole role is to give advise to our leaders to keep a stable economy. Well the central banks (Fed is a member) have a common interest in a sustainable global economy versus the U.S. economy alone. The FEDS have not changed but our political parties have each had a hand in this condition. Based on this I do think that the predictions shown are in line with reason based on our economic structure, regardless of who was at fault.

    Please study and learn from other sources why this is the path to take. This is not trivial as your future depends on proper allocation of investment funds. To rely on this source alone is not prudent. This text simply relay the facts and is compelling, not only because of previous predictions, but by the patterns presented.

    It is not good to rely on success rate of past predictions alone, but to also incorporate sound knowledge to understand current and future predictions.

    Gibbster says:
    November 19th, 2012 at 8:28 am

    “Hopefully one day, you name calling libs will grow up.”

    Name calling???hmm.. it seems you are using the word “libs” seems like you should take your own advice

  • Rating
      
    Eman-on says:

    November 8th, 2012 at 12:26 pm

    Hmmmm is this the same?

    http://joomlaserverhost.com/misctradebooks/ProtectYourselfandProfitintheNextGlobalFinancialMeltdown.pdf

    Looks like it. =]

    REPLY
  • Rating
      
    Tony in Central PA says:

    October 30th, 2012 at 11:52 am

    This book, or at least the author’s arguments, should be a national discussion. However, I am always suspicious of anybody making dire predictions, even if they are plausible, and then selling something that will allegedly protect people against said predictions.

    I can’t really find holes in the assertions in this book about certain markets being extremely overvalued ( real estate, stocks ) or the utter unsustainability of US monetary policy and debt. The scariest part of this presentation relates to monetary policy and especially our debt, which continues to grow exponentially thanks to the Federal Reserve and another President without any interest in addressing the issue. The ability for the US to continue to borrow and print money is being propped up by nothing more than an irrational psychology at this point.

    This book did not devote as much ink as I think needed on the subject of interest rates. The decades long practice of the Fed arbitrarily holding interest rates near zero against market pressure can’t be maintained much longer. The consequences of this action didn’t seem to be fully appreciated. When the Fed can no longer keep this up, we may not be able to afford the interest alone on our debt. The societal consequences of this were completely glossed over by the authors in favor of new moneymaking opportunities. That’s last thing most people are going to be worried about. Maybe in a country like ours, we get the government we deserve, collectively speaking.

    REPLY

    GSP says:
    January 5th, 2013 at 1:18 am

    I was going to post something but after I started I realized the futility. So all I can say is good luck with this. I believe the greatest majority of the “public” in the USA and around the world has no true understanding of money…. where it comes from and what it is worth. Without that understanding there is no way to change what is happening!!!!

    Mike Spence says:
    November 23rd, 2012 at 6:43 pm

    Found an interesting article by Steve Conover that bears on this conversation. Here’s a key quotation:

    “Those with business experience can more easily understand that the highest priority problem is to get the economy growing again—among other things, to maintain or improve our ability to afford the interest payments. But those without business experience (or those who forgot it) can be expected to continue barking up the wrong tree, insisting on “paying down the debt.” In any case, a healthy economy with robust growth is the root solution to just about every fiscal and monetary issue being debated today: unemployment, the debt ceiling, the deficit, the defense budget, the nondefense budget, unfunded liabilities, paying the interest, and rolling the debt over. If the economy were growing at a clip of 4.5% or more, none of those would be viewed as a major problem.”

    This kind of thinking is why employment is the key issue for me and why the government stimulus should have been about 2x bigger than Obama was able to get through Congress. Ya just gotta get people back to work. Period. And the right’s canard that “the government doesn’t create jobs” is just baloney on a number of levels (just think of the defense industry for one).

    Once the private sector finds its feet the government can let up on the gas and the proportion of gov’t-to-private employment can begin to decrease. You increase the debt in the short run and the long term essentially takes care of itself because the burden of the debt (what proportion of income goes to service interest) is manageable. OF COURSE the huge entitlement programs need reform to not bust the budget in the long run, and such negotiations will be very tough indeed. But Obama has repeatedly acknowledged that reducing the debt is on the table, as are Medicare (the biggest looming problem) and Social Security. The Republicans finally seem willing to talk about increasing revenues, so I’m cautiously optimistic that the wheels are turning (however slowly) to deal more realistically with the situation.

  • Rating
      
    Jeff says:

    October 12th, 2012 at 8:26 pm

    People think this book is full of insight? Here’s a piece of insight for you…

    Why are housing prices skyrocketing, people ask…
    Why are stock market prices going up, people ask…

    Because the dollar is losing its value!

    If you used to buy a stock for $5, and the dollar lost half its value, then it now costs $10 to buy a stock. That’s not because the company got better – it’s because the dollar lost half its value!

    If you buy your house for $100K, and the dollar later loses 1/3 of its value, then the house ends up being worth the same, but will cost you more to buy. Today’s $100,000 was only worth $67,000 … the house would be worth about $150,000 today. Not because the house is worth MORE, but because the dollar is worth LESS.

    This is the same reason grocery prices are going up… why gas prices are going up… why gold, silver, platinum, etc. are all going up, up, up!

    It’s not even supply and demand – if that were the case, it would fluctuate… there would be more at times and less at others, and you’d see the prices go up and down to follow. Prices are just going up… stock values are going up… housing prices are going up…

    There’s some insight for you.

    This book is bunk when you look at it from the standpoint of the average Joe, because we can’t afford most of the things that they push to you. If you’re barely scraping by, how can you invest in gold? Unemployment is high right now… how can someone unemployed, or underemployed (as they like to say,) invest money when there’s little to no income?

    Save your money… pay off something with it rather than buy this book (or pay the S/H, or waste your time reading it, etc.)

    REPLY

    TheRyanRanch says:
    November 17th, 2012 at 11:01 am

    This is very True!!

    But also, if we could really truly find out how much every person makes in the White House and look at the way they are spending our hard earned money and get rid of these absolutely ridiculous programs we buy into…

    I’m sure we all would be sitting on the White House lawn going WTF???

    It’s got to STOP, or America will……

  • Rating
      
    Bill Slateritz says:

    October 11th, 2012 at 2:19 pm

    While I feel the predictions are likely to come true, based on their
    past ones and our economic turndown, it seems the focus is on selling books
    and newsletters. Much like selling newsletters on diaetes, cancer, etc.

    REPLY

    Elby says:
    November 9th, 2012 at 5:53 am

    Dude, that’s marketing 101. Give ‘em something for free. If they take it, you gottem – your CA (Captive Audience). If they don’t, they’ll hear about it from one of their friends – ’cause you KNOW, one of them will become a CA member. lol. If you do right, OR wrong (not cool), with the CA, they will tell their friends what happened – the experience they had. Newsletters are one of the resources the CA has to “spread the word” and get more people involved.

    Hence, more product is sold. That WAS the American Dream. Don’t know if it will be possible to do much longer. …That SUCKS!

  • Rating
      
    Michigan says:

    October 9th, 2012 at 9:30 pm

    Making money on insight is shallow but I do believe we are heading in the wrong direction. Conservative or Liberal, no one can argue that great nations fall from within. Lincoln said that no nation would defeat us on our shores. The enemy is within. Washington was against the formation of political parties. Could we elect an outsider today? We would do well to understand the lessons documented throughout history.
    Today just as in the time of Rome we can expect bad decisions and unsustainable policy to bring painful consequences. The fact that history repeats itself is as predictable as death and taxes.
    It would be nice if we could take some emotion away from politics and elect leaders who are more concerned with their legacy and doing what is right for our great country before it belongs to someone else.

    REPLY

    Al says:
    January 27th, 2013 at 10:31 am

    You label Obama as “inept”, then criticize libs for being “name callers”? Attack the issue, not the person… especially when it’s our commander in chief. He’s hardly inept. That statement discredits anything else you wrote.

    Jean says:
    November 11th, 2012 at 12:58 pm

    Making money on “insight” is shallow ???? The guy wrote a book. What do you want him to do to earn a living? Welfare? I’ve watched his “INSIGHT” on utube. Free.

  • Rating
      
    reginald Santorlli says:

    October 5th, 2012 at 3:36 pm

    100% scam

    REPLY

    Jean says:
    November 11th, 2012 at 1:23 pm

    How insightful. Glad you could back it all up. Doubt you even read it.

  • Rating
      
    phil says:

    September 28th, 2012 at 9:23 pm

    I ordered the book aftershock and was chaged 19.95 to my credit card. That was 3 weeks ago. They have not sent my book but remembered to charge my credit card! Not impressed.

    REPLY
  • Rating
      
    CMS says:

    September 20th, 2012 at 10:53 am

    I ordered the magazine, bought the books, read it all. Decided to cancel my subscription to the magazine and did so without a hitch.

    REPLY
  • Rating
      
    scaryone says:

    September 14th, 2012 at 11:36 am

    Why are housing prices skyrocketing?
    Why are grocery prices skyrocketing?
    Why are so many people getting put out of their homes?
    Why are all our production jobs being sent to foreign countries and putting so many of our people out of work?
    The law of supply and demand?
    The price of something goes up, the people buy less. The less people buy the higher the price goes. The people go without and end up on the streets. What happened to common sense? Food, clothing and shelter?
    The people with the most money call the shots.

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    Jean says:
    November 11th, 2012 at 1:28 pm

    Yah sure scaryone. They also put Obama back in office and want their taxes raised.

    Bubba says:
    November 10th, 2012 at 4:04 pm

    Price should go down not up if people aren’t buying a product.

  • Rating
      
    Kelvin says:

    September 11th, 2012 at 3:14 pm

    I notice a trend in reading the comments. If a liberal disagrees with your politics he calls you a Teatard, Wingtard or Conservatard. How progressive and enlightened.

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    Captain Obvious says:
    November 13th, 2012 at 2:36 am

    When generalizing that a giant group of people are “the most radical, angry racists out there,” try to wait more than one paragraph before complaining about that same group generalizing that you are radical and racist.

    “For libs it’s always about destroying the opposing view. Demonizing, intolerance, and the endless onslaught of name calling.”

    Did you notice that part where you were demonizing and name calling?

    Jean says:
    November 11th, 2012 at 1:20 pm

    Kelvin… I haven’t spoken to a liberal yet that hasn’t used profanity and called names to anybody who disagrees with them. Liberals claim to be enlightened. They are the most radical, angry racists out there.

    Their mode is always to attack and destroy anybody with a differing opinion. Just look at what they say about Republicans and TeaParty folks. The media has convinced the Obama Drones that the tea party is racist, carry guns, radical, anti-gay, etc etc.

    As a tea party member, I am non of those nor were any of the hundred of people I met. I have only good wishes for all my fellow americans. I wish no ill on anyone. It’s all about fiscal responsibility. Nothing more !! I was at the huge tea party in DC. It was a peaceful fun day. Many business owners and people who give a damn about the welfare of this country were there. It was friendly and patriotic. It was a wonderful festive day.

    And along came the mainstream media. Lie after lie after lie. And the drones bought it hook, line and sinker. Anyone interested in the truth could have attended a tea party rally and see for themselves. They don’t want the truth. For libs it’s always about destroying the opposing view. Demonizing, intolerance, and the endless onslaught of name calling.

    Liberal says:
    October 4th, 2012 at 4:18 pm

    I notice a trend in reading your comment. Your political views clearly differ from mine, but you’re not a ‘tard’ in any sense. Instead, you make generalizations about liberals to cover up the flaws of your own views. How progressive and enlightened.

  • Rating
      
    NotRMW says:

    September 8th, 2012 at 4:10 pm

    I can’t say whether Newsmax is bad or not but the book Aftershock is right.
    Most liberals don’t know how jobs are created and don’t really care to know because then it might change their minds and embarrass them. The latest is to ban or cap all profits made by corporations. That’s the money used to create jobs! Why do you think companies and corps are waiting to see how the election goes before hiring? Please educate yourselves before just parroting what unions and liberals want you to say even if you can’t explain it.

    REPLY

    puffidredz says:
    November 4th, 2012 at 11:35 pm

    “Most liberals don’t know how jobs are created and don’t really care to know because then it might change their minds and embarrass them. The latest is to ban or cap all profits made by corporations. That’s the money used to create jobs! ”

    we tried that already remember? Washington gave money to the big businesses and they used it for personal gain while not increasing wages for current employees, in fact they laid off employees and outsourced them to china and other countries, and other things to “save money” when they were in fact just trying to increase their bonuses. how soon people forget.

    Kreillen says:
    September 11th, 2012 at 7:48 pm

    As far as the book is conserned yes the inflated profits of the 90′s are in part what accelerated this process, but this downturn is a result of several 30 to 40 year trends (Flat wages, dismantleing of consumer protections,lack of infastructure upgrades, poor fiscal planning ect.) this is not an acute sickness this is a long term but cureable illness. This cannot be fixed in the next 10 years, this is a long term issue. They are not waiting on the election, they are waiting on global demand to pick up. You see profit, demand, and to a certain extent consumer attitude are the factore that create jobs. Sir you are an idiot,no one wants to ban or cap profits. You are the parrot sir read, research, and THEN comment. I’m not a liberal and the truth must be told, romney is not the the solution, the pre-palin mcain is\was a step in the right direction. Given a choice between mitt and barack i will take barack minus this version of a new health care system.

  • Rating
      
    Becky Kirkpatrick says:

    September 8th, 2012 at 10:03 am

    I ordered the $47 option and was charged the $99 option. No way to call them to clear this up. Very upset!

    REPLY

    Annie says:
    July 10th, 2013 at 9:09 pm

    I have called my credit card company and are using a “disputed transaction” to try to get my money back.

    bjeff68 says:
    October 23rd, 2012 at 10:11 pm

    You should call your credit card company. Your credit card company will immediately side with you and reverse the charge, putting the burden of proof (and the responsibility of challenging the charge) on the merchant.

    John Retford says:
    October 5th, 2012 at 5:36 pm

    Hello Becky:
    Don’t give up. I too was charged $99 instead of $49 and managed to obtain a refund of $50. I believe the phone number I called was 1-800-485-4350. If you paid by credit card a telephone number normally appears on your credit card statement after a description of the charge. If that doesn’t work, try Google to obtain a number and as a last resort call your credit card company and challenge the charge.
    Good luck

  • Rating
      
    John Deerez says:

    August 25th, 2012 at 8:13 pm

    ripoff waiting to get my $99.00 credited back.
    What a rip off.

    REPLY
  • Rating
      
    Blah!gosphere says:

    August 10th, 2012 at 8:27 am

    My review is of the comments here. Most have posted an unsubstantiated, often false (charitably: maybe outdated), at best narrow/short term perspective — mostly of politics under color of speaking about the market, economics, and the US economy.

    I came here looking for substantial reviews on the economics and got a bunch of rants that resemble 8th-grade drop-outs commenting on cutting edge particle physics.

    Your homework, if you sincerely want to improve (which I doubt) is to check out the ramifications of ‘confirmation bias’ — especially as to investing, but since few of you are talking investing, then as to politics and other opinions.

    REPLY

    LOL says:
    December 17th, 2012 at 8:07 pm

    hahah your actually so right. also bjeff68, your not as smart as you think you are LOL ;)

    bjeff68 says:
    October 23rd, 2012 at 10:12 pm

    Wow, how blessed we are to have someone of your stunning intellect advising us poor mortals. Tell us more!

  • Rating
      
    Tony Marq says:

    July 19th, 2012 at 1:04 pm

    There’s nothing more annoying then the continuing mention of FREE, and then ask for MONEY to have it access. Moreover, the price of the book is only $28, so what ask for TWICE that.

    I got the gist, and I can always find the previous version for what it’s really worth, a buck.

    REPLY
  • Rating
      
    sam says:

    June 23rd, 2012 at 12:30 am

    Ever heard of a grifter ??? well newsmax, they are kinda like that,

    btw Bill Gross is not a Billionaire,

    yes he manages billions of other peoples money so does that make him a billionaire ???

    now Larry Ellison who just bought the hawaiian island of Lanai for 600 million cash so he could build a massive wind farm and power up the other islands and collect billions in profit ?????????

    In my book, Larry is billionaire,

    REPLY
  • Rating
      
    sam says:

    June 23rd, 2012 at 12:25 am

    Well let us see

    the EURO is about to become worthless and the US dollar is about to explode, gold is on it’s way back down, real estate is about to bottom out,

    I guess they got it wrong ?????

    there should be a law, liars and scammers like these buffoons need to be put away at a mental ward, stat !!!

    :O

    REPLY

    Cynic says:
    December 2nd, 2012 at 7:45 am

    Its an easy thing to predict the market will go up next year on one website and to predict that it will go down next year on a second website. In two years time you can then refer to your accurate prediction and just not mention the other one.

    Yo says:
    June 28th, 2012 at 9:20 am

    Thats exactly what the Aftershock book is about, stupid.

  • Rating
      
    Latigo1026 says:

    March 31st, 2012 at 8:53 pm

    You’ll get slammed daily with more email newsletters and video “reports” than you can possibly keep up with. 100% sales hype.

    REPLY
  • Rating
      
    SMART says:

    March 29th, 2012 at 9:11 am

    Look at it this way. If there was an ECONOMIC COLLAPSE and all of the banking went, Your GOLD would be WORTHLESS. You would get further on Cigarettes and Alcohol!
    Stay away from this crap….

    REPLY

    radiance says:
    June 16th, 2012 at 9:47 am

    I was fortunate. I got these reports because I subscribed for the health issues on Thyroid. I was able to keep the books and I remembered to cancel my subscriptions before the deadlines and didn’t get charged for it. I did not order the Aftershock book.

  • FrankDeez says:

    March 25th, 2012 at 12:12 pm

    Like listening to Mikey “wiener” Savage.

    Fear, fear and more fear. Go ahead and buy lots of gold, lol. Yes, it’s had a nice run up; look at any chart to see. Hmmm… that chart looks a lot like the tech one around 2000 (where are all the “day traders” now?), or the housing market in 2007, or any other bubble de Jur.

    Free advice, and i won’t even sell you a book. Do you really feel the world markets will collapse? do you think the fed is hiding under your bed at night? Don’t buy gold; buy assault rifles, plenty of ammo, a place in Idaho, and live like some militia type. For everyone else? have a nice diversified allocation based on your risk tolerance and time horizon. also pay off some debt (paying down a credit card that people use to stock up for the world ending is like getting a guaranteed 10-15% tax free rate or return). neat!

    To give oneself the illusion that you’re part of some elite club “who really knows whats going on” because the “sheep” don’t just get, it is just that. An illusion.

    Still want to bite? Look in the mirror, you may just be sheep getting fleeced.

    REPLY

    Bill says:
    April 18th, 2012 at 10:58 pm

    Succinct, logical, and entirely correct.

    It’s nice to know some people can still think on their own, without some youtube-generated, “Bob Chapman” type messiah to tell them what to do.

  • Rating
      
    r&d says:

    February 29th, 2012 at 8:36 pm

    just did some web research on this and found this Fortune/CNN-Money report (negative): http://finance.fortune.cnn.com/2011/09/02/aftershock-finding-fortune-in-marketing-doom/

    REPLY
  • Rating
      
    Avoidatallcosts says:

    February 28th, 2012 at 8:36 pm

    Complete, rip-off, crap. Do not go near this.

    REPLY
  • Rating
      
    Wayne says:

    February 27th, 2012 at 1:24 pm

    Newsmax is the Republican Propaganda Machine (RPM)…it is basically Fixed News on steroids in a Regressive Rag. This isn’t about investments it’s about Obashing-or Obama bashing. After all Obama only saved the economy has the stock market up over 50% since he took over after being dealt the worst hand any President ever has–2 wars and the worst economy since the Great Depression–but the Teatards will never let him go because they say there is something dark about him they don’t like.

    REPLY

    kim says:
    July 4th, 2012 at 9:45 am

    I am just now beginning to investigate this after receiving an email; however, I wouldn’t trust anything from CNN or any other liberal source. If a conservative source poo-poos this, the feedback will seem more legit. Of course liberals will say it’s a scam because they don’t believe what’s happening in our country is harmful. The real evidence will reveal itself when our country collapses should we continue down this path.

    Bill says:
    April 18th, 2012 at 11:10 pm

    Except for Dale, the responders are more of the usual Tea Party fanatics. These forum queens sit all day looking for anything favorable about Obama so they can rip on it.

    Stupid Repub … er … voters elect the wealthy, and sit happily in their FOX News bubble. And then, they are SHOCKED when the greedy swine they elected allow the richest nation in human history to be bankrupted. So then, what do they do? Change their voting habits? Not a chance. They go out and elect ANOTHER one to repeat the process.

    Personally, I think these idiots who subsist on a diet of Fox and NPR deserve to go broke. They subsidize their own economic assassins!

    Dale pues says:
    April 7th, 2012 at 11:24 am

    Correct. Newsmax is a wingtard “news” site. Hucksters and liars. Avoid this place like the plague.

    Belvedere says:
    April 3rd, 2012 at 3:29 pm

    Wayne,
    Which “Obama” are you referring to?
    Can’t be the one in the Whitehouse.
    His Obamacare practically bankrupted the Economy-not bankrolled it!
    Sheesh.

    Ronny says:
    March 8th, 2012 at 10:12 am

    Obama did all of this after he tore of his shirt to reveal a big “S”!!?? I am so tired of the simplistic ignorance of “he did this or that”, because HE didn’t.

    Dave says:
    March 2nd, 2012 at 10:59 pm

    Saved the economy!?!?!? Quantitative easing only postpones a bigger collapse, while stimulus spending and expanding the middle-eastern wars only plunges us faster into debt. The Tea Party’s concern is not racial, it’s economic. You really don’t see what’s happening in the bigger picture, do you? It doesn’t take a Republican to see that the Obama administration and Federal Reserve have only plunged us further into the abyss of usury.

  • Rating
      
    Don Baker says:

    February 17th, 2012 at 7:34 pm

    I have canceled News Max countless times and they will not go away. Now I will call Clark Howard and find which regulatory number to call to and report them.

    It is not a duplicate review. It is more News Max garbage.

    REPLY
  • Rating
      
    Mary says:

    February 6th, 2012 at 4:23 pm

    Same as below. SHAME ON YOU Newsmax!!!!!

    REPLY
  • Rating
      
    Guy Hatfield says:

    February 3rd, 2012 at 2:01 pm

    I got suckered into this scam as well. Ordered the book for $4.95 and all of a sudden i get charged $99 and $49. Very disappointing.

    REPLY
  • Rating
      
    BillM says:

    February 3rd, 2012 at 1:11 pm

    Every permabear is right once in a while. A stopped clock is right twice a day. Trite but true. This is nothing more than fearmongering in investment aimed at conservatives and ultraconservatives who are afraid in the first place, and against everything Obama in the second, so Newsmax gets past what should be healthy skepticism. It only attempts to capitalize on a fatal mistake made by the most fearful: mixing politics and investment.

    And for what it is worth… Ben Bernanke is a Republican, as are most Fed chiefs. The R side of the aisle appears to have a standard operating procedure: squeeze trigger, withdraw from holster, aim. Oops.

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  • Rating
      
    ron says:

    January 28th, 2012 at 1:47 am

    NewsMax = scams. Pure and simple as that. And yet people get suckered into them

    REPLY
  • Rating
      
    Jim says:

    January 22nd, 2012 at 8:23 pm

    Just another scam

    REPLY
  • Valaire Hull says:

    January 21st, 2012 at 5:53 pm

    Please cancel my subscription to all Newsmax publications as soon as possible. Thank you

    REPLY
  • James says:

    January 15th, 2012 at 2:56 pm

    This had to be a scam. The rich will never let it get that bad. If we had 50% unemployment they would be broke as well. 100% inflation would create anarchy. Plus the mention of John Boehner should have been proof enough. It is this stupid thinking that is behind the republicans taking the economy off a cliff. If you want the economy to grow vote progressive and lets progress. conservatives only care about the rich and want to economy to stay right where it is.

    REPLY

    Bill says:
    April 18th, 2012 at 11:37 pm

    @marle (and the rest of you right-wingers, Tea Partiers, birthers, Rush fans, etc.)

    You right-wingers really get me frustrated.

    There has to be a “conspiracy” all the time. It couldn’t be that people like Warren Buffett are just genuinely decent human beings who fight to earn a living, wind up with more than they ever dreamed of, realize it, and find ways to use it charitably, to make life better for the people who need it most. It couldn’t be — because decent people just can’t exist in the “Pod People” nightmare you live in.

    In that dark and forbidding place you call “life” — a swampland of lies and secrets and hidden agendas — the only things that matter are what you can eat, spend, or shoot. So words like justice, peace, humanity, goodwill, compassion, those are all codewords for something more sinister that Fox News just happens to have the inside scoop on. In that LaLa land of yours, “poverty” is a state of mind, not a physical reality. Anybody that wants a decent job with benefits can just take a step out their front door, and there it is, if only they weren’t too lazy to reach out and grab it. And criminals are born, not made. (God made it easy for us to know them by making them some other race than yours, right?) PFFT … AS IF.

    But no matter. You guys just keep trembling and watching Fox and hating everyone else, out there in your little Dreamland bubble. Keep letting the idiots you elect take away your sons through wars and your pensions through financial ‘meltdowns’. But whatever you do, just keep trembling … I mean, you really wouldn’t want to start thinking for yourself at this late date, would you?

    Anonymous says:
    February 24th, 2012 at 6:19 am

    Exactly. The book AFTERSHOCK is actually very informative with many truths. It is the newsmax company and site that is deceptive. It’s sad this book was even partnered with them for it’s advertising. They should pull out fast.

    marle says:
    February 15th, 2012 at 8:19 pm

    “the rich will never let that happen?” Are you stupid? George Soros is very strong in the Progressive movement is also one of the very richest men in the world. Warren Buffet also big in the Progressive movement very rich man also. Makes one wonder what their motives are when they campaign to take the riches out of this country I wonder where they have their money stashed. I don’t think they worked their whole lives to make a fortune just to throw it to the wind.

  • Rating
      
    bumble says:

    January 11th, 2012 at 2:51 pm

    Paid $4.95 for shipping never received the book or anything else in mail

    REPLY
  • Jon says:

    January 3rd, 2012 at 3:07 am

    Tempted (momentarily) but no. I bought the book on amazon.co.uk and downloaded the “missing chapter” for free on the amazon.com. Newsletter subscriptions are a pain to get rid off.

    REPLY

    ChrisM says:
    May 4th, 2013 at 11:56 pm

    I don’t see it on Amazon – gone now?

  • Rating
      
    Paul says:

    December 6th, 2011 at 6:42 pm

    Scam. I paid $259 for a $5 book.

    REPLY

    Steve B says:
    January 31st, 2013 at 2:31 am

    Here is how the stock scam works. We all hear the sales on the radio any day. You mass mail 5000 known investors / saps with money who want to put it into the market for some “security” and future retirement. tell 2500 people to bet on black and the other 2500 to bet on red. Half of them will win but not invest just yet. You got luck. Take the winning 2500 next month and send 1250 another mailer to bet on red and the other 1250 to bet on black. Again, half win. now you have 1250 people who have seen you nail it twice…. Getting a little creditability now…. Do it again. Half black, half red. Now you take that 625 3 time winners and you go after them.

    You gave them 3 free investment leads that would have them double money three times with no losses. Now you rope them in.. Offer to invest their money for a 5k annual fee and % of gains. The 5k is pocket money the % is where they say they make their money because they know you are going to make a ton. Actually they now invest your money into places that pay huge commissions. You lose your butt and they get paid. I know this is a very dimmed down version of the actual operation but I am sure you can get the picture here. Now why start with 5k people when you can easily mass mail 100 million online around the world. The math still works.

    Philberg says:
    February 12th, 2012 at 11:48 pm

    Paul,
    You were charged immediately for the 3 trial subscriptions so just read them and enjoy. You will get a renewal letter in 3 months and at that time write cancel and your charge will be refunded, so you will only be out the $4.95 for the book. Read the fine print and relax.

    Philberg says:
    February 12th, 2012 at 11:43 pm

    I got the book and the 3 trial subscriptions. However, when I got the cancel notice, I sent it in and got all 3 refunded as promised. Before that though, I had access to the archives and downloaded a years worth of reports to read at my leisure.

    When they made the offer for a free copy of Money Mischief for $4.95, I found it on Amazon for less and I get free shipping with Amazon Prime, and no trial offers that I worry about. No worry anymore.

    So although I just learned of this web page, and my post may be dated, I believe their offers are honest, although the content may not live up to the hype. YMMV.

    NeilG says:
    January 6th, 2012 at 2:27 am

    Thank you for an honest answer!

    Dan says:
    December 15th, 2011 at 3:07 pm

    They got me, too. And Newsmax should be ashamed of being associated with this fraud


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