Posts tagged “American Economy”.

The Coming Collapse of the Dollar and How to Profit from It Make a Fortune by Investing in Gold and Other Hard Assets

The Coming Collapse of the Dollar and How to Profit from It Make a Fortune by Investing in Gold and Other Hard Assets



The dollar is in trouble. It has fallen against other currencies for the past three years, and now its orderly retreat could well become a rout. This spells potential disaster for the American economy—and potential riches for a few smart investors. In The Coming Collapse of the Dollar and How to Profit from It, financial gurus James Turk and John Rubino show how the dollar arrived at this precipice, why it will plunge, and how you can profit from the resulting financial crisis.
The U.S. today is the world’s biggest debtor nation, printing money with abandon to sustain the illusion of prosperity. The federal government owes $7 trillion and its debt is soaring. As a society, we owe more than $37 trillion, or about $500,000 per family of four. Our trade deficit with other countries is staggering, and to finance this mountain of debt we’re flooding the world with dollars. The inevitable result: The dollar will decline until it is displaced as the world’s dominant currency. Precious metals will soar in value, and gold will reclaim its monetary role at the center of the global financial system.
Traditionally a haven during times of uncertainty, gold has risen dramatically since 2001. By the fall of 2004 it was up by nearly 50%, at over $400 an ounce. But this is just the beginning.
James Turk, a leading gold authority and the founder of GoldMoney.com, and veteran financial writer John Rubino, show readers how to capitalize on gold’s dramatic climb. In The Coming Collapse of the Dollar, Turk and Rubino reveal which stocks and bonds will falter as the dollar declines and why that decline is virtually inevitable. They offer strategies for using gold coins, gold stocks, gold-based digital currencies, and other hard assets to create a profitable portfolio. And they explain how to make the most of your gold and other precious metal holdings, identifying the opportunities and pitfalls of buying gold mining stocks and the mutual funds that invest in them.
America’s debt binge has put its economy at grave risk. The value of the dollar is falling; many stocks are once again wildly overvalued; and bonds, tied to an ever-diminishing dollar, are a disaster waiting to happen. By investing in gold and other hard assets, Turk and Rubino explain how you can protect yourself from these dangers.
The Coming Collapse of the Dollar and How to Profit from It is a must read for every investor, whatever the size of his or her portfolio.

For more information, visit www.dollarcollapse.com.

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Starting a Collection Agency How to make money collecting money Third Edition

Starting a Collection Agency How to make money collecting money Third Edition




Debt Collectors are a vital part of the American Economy and here are the numbers to prove it. Debt collectors have a bad rap but debt collection is crucial to an efficient market economy. Total consumer bad debt costs every adult in the US $683 every year. For the average non-supervisory worker thats nearly 54 hours of work (before taxes) a year. Outstanding credit card debt is nearly three quarters of one trillion dollars. Total consumer debt, including home mortgages, exceeds $9 trillion. Starting a Collection Agency, How to make money collecting money by Michelle Dunn is a winner of the New York Book Festival and Writer s Digest Award. The only award-winning comprehensive book on how to start and manage a collection service. Everything from state laws to what kind of equipment you will need. Its chapters include legal requirements, licenses and regulations, where to find clients, fair debt collection practices, Fair Credit Reporting Act, skip tracing, buying debt, bad checks, and software. With this book you will: Be able to start your own business and be your own boss. Find samples of business and marketing plans. Find collection letters, flyers & promotional pieces. Have a checklist of what to do before you open your agency. Learn how to start your agency from home. Learn how to work from home with young children around. Learn how to promote your agency in a professional manner. With the economy failing the need for collection agencies is growing, help our economy and help consumers and business owners everywhere when you can help them by collecting the money that is owed to them and help people get out of debt.

User Ratings and Reviews

5 Stars A Real Pro Comes Shining Through
Michelle Dunn is a real pro when it comes to collections. How do I know? Because I could see her bio on the book? No. Because Michelle has put together a very solid work on how to start and run your own money collection agency.

We I got the opportunity to read this book for review I thought it would be a bit of a challenge because of the specificity of its subject. It is really a targeted book, that’s for sure. I wouldn’t have thought that there would have been much in it for the casual reader. But actually, I found this tome a wealth of information on everything from how to start up your business to how to network at the local chamber of commerce to how to find your first accounts to how to hire and outsource your work! There are ideas in this for any business owner to tell the truth.

Being a business owner who has had to deal with debt in the past - a business owner who is looking forward to the rest of this recession / depression that the world is in, I was especially interested in the techniques and form letters that Michelle describes in her book on how to actually go about collecting the money from the debtors. She also covers the different types of collecting accounts: Ones in which you get a percentage of your recovery and ones where you actually buy the debt in advance. (On the latter the author provides a complete list of websites where the novice could look up each US state’s laws on this type of collection.)

And not to go too much on a tangent but Michelle Dunn even gives publicity tips and provides a long list of websites where you can post press releases about your services. This alone would be worth the price of the book for anyone who was looking not only to set up their own collection agency but also their own business.

Going back to what I alluded to at the beginning, Michelle Dunn has impressive credentials when it comes to running collection agencies. She’s an entrepreneur and she has lots of mentoring that she can offer to anyone who would like to follow in her footsteps. Starting a Collection Agency is a work I am sure that she is proud of and if you are interested in this field, or just interested in starting a company, give this book at least a once over.

5 Stars Writer’s Digest Review
“If one ever had any idea about starting a collection agency, here is the ultimate guide for getting going as well as maintaining the agency and enjoying success. The idea (per the explicit subtitle) of making money collecting money should garner lots more readers who never even thought of such a possibility. Using her considerable experience in the business, Michelle Dunn comes from all angles to answer all questions and then some to help a beginner set up from the get-go. This comprehensive book is accessible, very readable, easy to follow; the resource lists, web sites, state contacts, questions and answers all make this a vital how-to. Ms. Dunn’s book may add status and credibility to an industry that has historically received a bad rap. ” - Writer’s Digest

5 Stars A Step by Step Approach of Creating a Successful Business
Michelle Dunn’s, 3rd edition of Starting a Collection Agency, is a complete instructional guide written so even the novice entrepreneur would find it easy to follow. This step by step, “How-to” approach carves an easy path to success.

I would highly recommend this book not only to anyone interested in starting a collection agency but also to those willing to follow Michelle’s model for any other business. Michelle’s gift is to simplify a business approach that will help others succeed…..and she does it exceedingly well.

5 Stars All anyone needs to start their own company in this field
No one likes bill collectors, but they are a necessary evil to the continued financial prosperity of America. “Starting a Collection Agency: How to Make Money Collecting Money” is a guide to being what is viewed as many as the bad guy, but in fact is just something that must be done. Outlining all anyone needs to start their own company in this field, it leaves nothing to guesswork, covering everything from the frivolous as the stationary, to the advanced tactics of professional promotion. “Starting a Collection Agency: How to Make Money Collecting Money” is highly recommended for anyone looking to start their own business, and doesn’t mind being viewed as the bad guy to do so.

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The Complete Idiots Guide to Getting Out of Debt

The Complete Idiots Guide to Getting Out of Debt




Borrowing from Peter to pay Paul?

The American economy is dragging, with unemployment rates rising and consumer debt hitting $2.5 trillion. Many people are in deep and need help. Here, a Certified Financial Planner explains the mathematics of debt; strategies to deal with credit card, mortgage, student, and other loans; why debt consolidation and taking loans from a 401(k) can lead to problems; truths about bankruptcy; and how to use debt while eliminating it.

?Includes essential resources and websites, sample letters and forms, loan forgiveness programs, bankruptcy resources
?Author a Certified Financial Planner
?Covers every kind of debt, mortgages to credit cards to student loans
?National credit card debt is growing exponentially

User Ratings and Reviews

5 Stars Oh so practical
I am amazed that before you even get out of the first part of the book, Mr. Clark makes sure you have a picture of the enormity of your debt, but that it is balanced with hope that you don’t have to stay in debt. The practicality of this book is awesome. Throughout are also little tidbits of the psychology of debt that make you believe that you aren’t just following some program to get yourself out of debt, you are creating a lifestyle that is free from debt. Even if you aren’t in debt, or if you are just starting out in your financial freedom, this book will help educate you on the american system of debt and how to stay free from being enslaved by it.

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