cover image Crisis Investing for the Rest of the '90s

Crisis Investing for the Rest of the '90s

Douglas Casey. Carol Publishing Corporation, $22.5 (444pp) ISBN 978-1-55972-177-6

Talk-show financial guru Casey ( Strategic Investing ) begins on an incendiary note--describing taxation as ``robbery''--and ends on another--maintaining that government has outlived its usefulness. In between, he declares that monumental public and private debt are poised to precipitate a ``Greater Depression'' for the 1990s, because ``the dollar and the economy itself rest on confidence alone,'' which he notes is a very unstable foundation. Nevertheless, Casey maintains that new technologies and wise selective investment (he has four chapters on gold alone) can bring about enormous profits. Outstanding here are a capsule demonstration of how an economy might work in a single community and a chapter on commodities, ``the raw materials of civilization.'' (Nov.)