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The Jubilee Principle: God's Plan for Economic Freedom
Peter Schiff, in his famous 2007 book, Crash Proof: How to Profit From the Coming Economic Collapse, says –
“Our days as the dominant economic power are numbered. The dollar is going to collapse, and Americans are going to experience stagflation on an unprecedented scale in the form of recession and hyperinflation. Those of you who act smartly and quickly by taking measures I outline later in this book not only will avoid loss of wealth but also will have positioned yourselves to prosper while your neighbors suffer a painful period of reconstruction and reform."
Other similar books include –
Financial Armageddon: Protecting Your Future from Four Impending Catastrophes, by Michael Panzner.
The Collapse of the Dollar and How to Profit from It, by James Turk
The Great Depression Ahead: How to Prosper in the Crash Following the Greatest Boom in History, by Harry S. Dent.
The Greater Depression may be here, and such books claim to tell you how to profit from the penury; how to position yourselves to prosper while your neighbors suffer.
But wait –
Isn't that the attitude that got us into this fix in the first place?
All such books try to get you a piece of the action. Here is a book that just tries to give you peace.
The Jubilee Principle: God's Plan for Ecomonic Freedom discusses the fifty year depression cycle, of which we are now very aware. After the tulip bulb mania in Holland in 1637, the South Sea English land company bubble in 1720, the Florida land bubble of 1925 and the stock market crash of 1929, how could we do this again? With so many examples, why couldn’t we learn our lesson?
So what is the lesson?
The Jubilee Principle: God's Plan for Ecomonic Freedom cites the depression cycle, which appears in free economies, and does a detailed study of the Jubilee cycle, which was God’s economic plan for Israel. Both lasted about the same length of time. One system is based on getting all you can. The other is based on giving. One seeks to gratify the self. The other seeks to overcome the self. One causes catastrophe. The other prevents it.
When people lose the most, they are most likely to reflect on what they have lost. It is at that time that they have the most to gain. The Jubilee Principle: God's Plan for Ecomonic Freedom compares the pursuit of plenty with the contentment of enough. It can help you turn this vicious bear market into the greatest gain of your life.
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