Category: Economy

Editor’s Note: The following article is adapted from Robert Prechter’s 2002 best-selling book, Conquer the Crash – You Can Survive and Prosper in a Deflationary Depression. In addition to this article, visit Elliott Wave International to download the free 15-page report about how to protect yourself, you wealth and your family in this environment. It… Read more Making Preparations and Taking Action in Today’s Deflationary Environment

Editor’s Note: On Nov. 19, 2008, the U.S. Labor Department reported a 1 percent drop in the consumer price index for October 2008. The drop marked the largest decline in 61 years, and it was the first decline in that measure in nearly a quarter of a century. The 1 percent drop was twice as… Read more Robert Prechter Explains the Price Effects of Inflation and Deflation

With big bank bailouts dominating the news, there’s no better time to get the truth about bank safety. This informative article has been excerpted from Bob Prechter’s New York Times bestseller Conquer the Crash. Unlike recent news articles that are responding to the banking crisis, it was published in 2002 before anyone was even talking… Read more Why Your FDIC-Backed Bank Could Fail

By Robert Prechter, CMT Elliott Wave International October 09, 2008 The following was adapted from Bob Prechter’s 2002 New York Times and Amazon best seller, Conquer the Crash – You Can Survive and Prosper in a Deflationary Depression. Deflation requires a precondition: a major societal buildup in the extension of credit (and its flip side,… Read more The Primary Precondition of Deflation