Introduction:Your Guide to the Third Edition of Aftershock

This third edition of Aftershock contains a number of important updates and clarifications to the previous book. We have been fortunate to have received lots of excellent feedback and suggestions from our readers, much of which we have incorporated into this new book. Some important changes include the addition of Chapter 1, “This Recovery Is 100 Percent Fake.” This chapter will update you on our latest thinking on the Aftershock and how the current recovery in the stock market and economy will affect the Aftershock.

In addition, we have added Chapter 4, “The Market Cliff,” which explains in detail how we expect to see the stock and bond markets behave as we head toward the Aftershock.

We have also updated and added new material to Chapter 5 on inflation. In this chapter, we have added actual research from the Federal Reserve itself that shows the high correlation between increases in the money supply and long-term inflation (a correlation of over 90 percent). We have also addressed in more detail the obvious question of why inflation has not yet occurred, despite the massive money printing by the Federal Reserve. We discuss how this will affect the Aftershock and, in Chapter 4, we address the role we see inflation playing in the downfall of the stock and bond markets.

Finally, we want to take this opportunity to thank our readers for the incredible support they have shown us. We couldn't have asked for a better response. ...

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