Peter Schiff is a stockbroker who is famous for warning people about a potential financial crash before 2008 happened. He has also written a book on the topic called Crash Proof.
There are five clear messages that run throughout the book. They are:
1. Economics is a complex topic and we still don't know everything about it.
2. There are many factors that can drive an economic crash.
3. We need to learn from the past in order to prevent future crashes.
4. Economics is important and we need to do better at teaching it.
5. We need to be careful with our money and make wise decisions.
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Peter Schiff wrote a book about the economic crashes that have happened throughout history. He talks about how inflation, deficit spending, and central banking can all be driving factors.
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The idea is part of this collection:
Learn more about economics with this collection
How to develop a healthy relationship with money
How to create a budget
The impact of emotions on financial decisions
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Economics professors would also benefit from teaching the ideas in this book. Most economics classes cover a lot of theories and have plenty of graphs, but they don’t use enough real-life data for modeling.
They need to get down to the nitty-gritty of cause and effect. Economics is great ...
The phenomenon of winning or losing something in your mind before you win or lose it in reality is called "The Inner Game."
This is the subject of the book The Inner Game of Tennis (written in the 1970s by W. Timothy Gallwey).
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