A. GARY SHILLING is President of A. Gary Shilling & Co., an economic consulting firm and a registered investment advisor. He has been a columnist for Forbes magazine since 1983, frequently appears on business news programs, and is quoted regularly in the print media. Shilling has been warning about the long-term threat of deflation for several years and has even created a board game, aptly titled The Deflation Game. He received his bachelor's degree from Amherst College and earned his master's degree and PhD in economics at Stanford University. Before establishing his own firm in 1978, Shilling was senior vice president and chief economist of White, Weld & Co., Inc. Earlier, he set up the Economics Department at Merrill Lynch, Pierce, Fenner & Smith Incorporated and served as the firm's first chief economist.

Foreword.
Acknowledgments.
Introduction.
Chapter 1: Spotting Bubbles.
Chapter 2: Making Great Calls.
Chapter 3: The Housing Bubble (Great Call #6).
Chapter 4: The Financial Bubble (Great Call #7).
Chapter 5: The Results of Denial.
Chapter 6: Slow Growth Ahead.
Chapter 7: No Help from Anywhere.
Chapter 8: Chronic Worldwide Deflation.
Chapter 9: Monetary and Fiscal Excesses.
Chapter 10: The Outlook for Stocks.
Chapter 11: 12 Investments to Sell or Avoid.
Chapter 12: 10 Investments to Buy.
About the Author.
Index.

Top economist Gary Shilling shows you how to prosper in theslow-growing and deflationary times that lie ahead
While many investors fear a rapid rise in inflation, author GaryShilling, an award-winning economic forecaster, argues that theglobal economy is going through a long period of de-leveraging andweak growth, which makes deflation far more likely and a fargreater threat to investors than inflation. Shilling explains inclear language and compelling logic why the world economy willstruggle for several more years and what investors can do toprotect and grow their wealth in the difficult times ahead. Theinvestment strategies that worked for last 25 years will not workin the next 10 years. Shilling advises readers to avoid broadexposure to stocks, real estate, and commodities and to focus onhigh-quality bonds, high-dividend stocks, and consumer staple andfood stocks.
* Written by one of today's best forecasters of economictrends-twice voted by Institutional Investor as Wall Street's topeconomist
* Clearly explains what to invest in, what to avoid, and how tocope with a deflationary, slow-growth economy
* Demonstrates how Shilling has been consistently right aboutmajor economic trends since he began forecasting in the early1980s
Filled with in-depth insights and practical advice, this timelyguide lays out a convincing case for why investors need to beprepared for a long period of weak growth and deflation-notinflation-and what you can do to prosper in the difficult timesahead.