When Giants Fall: An Economic Roadmap for the End of the American Era

by Michael J. Panzner

Book Overview

In When Giants Fall, Panzner makes his case for the turbulent economic changes that will be occurring over the next few years and examines the resulting economic opportunities.

According to Panzner, the economic changes will be widespread. Businesses will struggle amid wars, shortages, logistical disruptions, and a breakdown of the established monetary order. Individuals will be forced to rethink livelihoods, lifestyles, living arrangements,...

• Format: Hardcover
• Language: English
• ISBN: 047031043X
• ISBN13: 9780470310434
• Release Date: February 2009
• Publisher: Wiley
• Length: 288 Pages
• Weight: 0.90 lbs.
• Dimensions: 1.2" x 6.2" x 9.1"

Customer Reviews

When Giants Fall

Michael Panzer is brilliant. His previous book , Financial Armageddon, was a prelude to this book. Michael Panzer lays out, with perfect analyis, the reality facing America. Hiding our heads in the sand is not going to do any good. Our mainstream media and our national government needs a wake up call. Michael gives everyone who reads this book a chance to get ahead of the reality that faces our nation today. Michael is not my relative nor have I ever met him so plese know that this one is from the heart for a nation that is struggling. Listen well to Mr. Panzer's sincere book.

Survive and prosper

I read "Financial Armageddon" shortly after it was published. It was as good as a Stephen King thriller, perhaps better because it was reality-based. I decided to rebalance my portfolio. My goal was to preserve my money and pay less attention to return on investment. I am so glad I did, and have minimized losses. "Giants" paints an even darker picture than "Armageddon." My friends and family are now planning for the worst (but still hope for the best). My older friends who dismissed "Armageddon" were financially devastated and have little chance of recovery. Those who read and learn from Panzer's books will have a much better chance to survive and prosper.

A prophet has no honor in his own country...

This follow up to Panzer's earlier book Financial Armageddon is exhaustively researched, well written and very sobering. When Giants Fall can really be described as one book in three parts. In the first, Panzer lays the historical basis for the unraveling of the American empire - the missteps that led our nation down the same past as many previous world powers. The second phase of the book is a very well thought out hypothesis of what America and the world, will be facing next. The reader will dismiss Panzer's forecast of coming events at their own peril. Those who have read Financial Armageddon will know already that Panzer is among the very few (including Peter Schiff) who had predicted our current events well before they had come to pass. The final part of the book is the bibliography. Granted, few people ever spend much time reading any bibliography, especially one that is over fifty pages long. I point this out only to emphasize the exhaustive research Panzer performed in writing this. While no one can predict the future, it is possible to make logical assumptions as to what the future may hold based on past events and current data. If past is prologue, we are in for quite a bumpy ride

Definitely Worth Reading

Although others have talked about the end of the American empire, they don't say what it actually means for the average person. Not just economically, but in a broader sense. In this book, the author does a good job of connecting many different dots and explaining what it means. Not just in terms of investing, but for businesses and individuals, too. Although the author sees plenty to worry about, he doesn't just focus on the negatives. He discusses future lifestyle choices and the issue of personal security. He also goes through the steps that businesses will have to take in order to survive. In the chapter on what to do with your money, he makes some convincing arguments against traditional investments like stocks and bonds. Overall, it is an important book that is definitely worth reading.

A Powerful Eye-Opener

In Financial Armageddon, Panzner detailed a frightening but, as it turns out, prescient vision of a nation in the throes of an economic cancer. In his latest book, he expands on that earlier theme and writes about, among other things, how the world will change as the disease progresses through the terminal phase. The book covers a lot of ground, including oil, water, and food-related concerns, the future of NAFTA and the European Union, the potential for social unrest and world war, and what to own in world gone mad (hint: its the shiny stuff). It's probably not the sort of book that you crack open on a rainy Sunday afternoon, but once you get started, it's a powerful eye-opener that's hard to put down.