Praise for Game Plan “While Washington sleeps, America’s enemies are amassing at the gates of our economy When their attacks are unleashed, everything will change in the blink of an eye How will you protect yourself and your family? Kevin Freeman offers an unflinching look at the very scary, all-too-real threats we face, along with coolheaded advice on how to invest with confidence in an increasingly dangerous world This book is worth its weight in gold Read it now, and thank Kevin Freeman later.” —Brad Thor, #1 New York Times bestselling author of Hidden Order “Kevin Freeman understands the threat of financial terrorism as well as anyone You’d have to be negligent to ignore his timely advice about protecting your family from the economic attacks that are clearly on the horizon.” —Frank Keating, president and CEO, American Bankers Association, and former governor of Oklahoma “As Kevin Freeman points out, America faces a global economic war that threatens your family, your job, and your life savings Yet despite his five-year effort to warn Washington, willful blindness seems to be preventing our leadership from protecting you Game Plan reveals the hidden truth about the economic threats and provides the actionable steps you should take to protect your family.” —Lt Gen William G “Jerry” Boykin (U.S Army, Ret.), former commander of Special Forces Command and the Green Berets and former deputy under secretary of defense for intelligence “Game Plan is an important look at one of the most significant threats to U.S security: cyberattacks and other efforts designed to cripple the economy Must reading for those interested in protecting national security.” —Bill Gertz, senior editor, Washington Free Beacon, and national security columnist, Washington Times “Kevin Freeman is a national treasure His ability to synthesize economic and national security is unsurpassed—and of incalculable importance in the conflict of our time: the War for the Free World.” —Frank Gaffney, president and founder, Center for Security Policy “The threat of financial terrorism is very real, and nobody knows that threat more thoroughly than Kevin Freeman In this book, he’ll tell you how to deal with the possibility of financial collapse, and give you hope for the future, too.” —Ben Shapiro, New York Times bestselling author of Bullies: How the Left’s Culture of Fear and Intimidation Silences America “Kevin Freeman’s writing reminds me of the Pauline passage: ‘for the light makes everything visible Awake, O sleeper, rise up from the dead ’ Kevin calls all of us to ‘wake up’ and recognize that our country’s financial life hangs in the balance A must-read for all who want to see their way through the darkness of our times.” —Everett Piper, president, Oklahoma Wesleyan University “Kevin Freeman is a long-time family friend He wrote a business plan for my father, Sir John Templeton, in 1990, and helped build the Templeton Private Client Group from its inception Game Plan shares his insight on economic threats facing the United States’ economy and how you can prepare your family and your business Kevin is considered one of the world’s leading experts on the issues of economic warfare and financial terrorism His analysis is brilliant, and I hope you will find it as valuable as I have.” —Dr John M Templeton Jr., president and chairman, John Templeton Foundation “As a Texas legislator, I relied heavily on Kevin Freeman’s knowledge about financial terrorism By teaming up with him, we were able to draft legislation that would protect the Lone Star State in case of economic collapse or terrorism at the federal level He has become the nation’s foremost expert on this topic Kevin Freeman has followed up his exceptionally important book Secret Weapon with Game Plan You will want to read it, study it, and make sure that you and those around you indeed have a game plan for a potential financial crisis.” —Matt Krause, Texas House of Representatives, District 93 “This work is a new National Security Primer If our elected leaders, national security, intelligence, and military officials ignore his well-researched analysis, 9/11 could look like child’s play I hope, moreover, that our technology and industry leaders (who by virtue of daily global challenges understand his remarkable vector) will start lively chatter in their communities about the nature of this potentially immense and perhaps imminent calamity Serious scholars should ask, ‘Why have we missed this series of interlocking threats?’ Academia owes the nation a rigorous review of this work It simply cannot be ignored Markets matter Our nation matters This book matters.” —Hon Thomas W O’Connell, former assistant secretary of defense, special operations, 2003–7 “The U.S government’s acknowledged debt is about $17 trillion Analysts such as Boston University economics professor Laurence Kotlikoff place our government’s true liabilities closer to $211 trillion A major transformation is coming, and the sharks of the world are circling We know this because hostile regimes and non-state actors have said so in their communications The spirit of American independence and modern technology still hold out the potential to provide a return to free markets and greater liberty, private entrepreneurship, and personal responsibility Read Game Plan and choose your destiny Kevin Freeman may be the Western world’s foremost authority willing to speak publicly about economic warfare.” —Chris Graham, editor of The Counter Terrorist, former commander of a U.S military antiterrorism unit, former intelligence officer, www.chrisgrahamauthor.com “Kevin Freeman is one of the smartest men I know You ignore him at your peril.” —Rod Martin, founder and executive chairman, Advanced Search Laboratories, and former special counsel, PayPal “Impressive, alarming, hopeful, practical, and a must-read! In these uncertain times, Kevin has offered us all a gift, if you are wise enough to read this book!” —Ginni Thomas, the Daily Caller “Economic warfare is among the least recognized but most threatening risks we face Kevin Freeman has sounded the alarm It is incumbent on America to pay heed and respond Reading Game Plan will help you protect yourself and your family.” —Steve Malzberg, Newsmax TV “Once again, Kevin Freeman provides sound information and advice on how to survive the inevitable financial crisis that we will all eventually face I strongly recommend you read Game Plan so you are prepared for what is ahead.” —Jonathan Bernis, president and CEO, Jewish Voice Ministries International “Kevin Freeman’s passion for protecting the economic security of our country and its way of life is clearly reflected by his most recent writing His key finding that the U.S faces a credible, significant, and extant financial threat should be considered a call to action for our most senior government, business, and military leaders If our leaders don’t heed his warning, they will repeat their failure to act decisively on similar warnings about al Qaeda’s intentions and capabilities in the 1990s This threat, however, is even more ominous, more immediate, and deadlier.” —S C Zidek, assistant professor, Mercyhurst University, Institute for Intelligence Studies “Kevin Freeman brilliantly unveils the imminent threat that economic jihad poses to the West’s financial system Everyone wanting to preserve the rights, freedoms, opportunities, and prosperity handed down through Western civilization needs to read Game Plan.” —William J Federer, author of What Every American Needs to Know about the Qur’an: A History of Islam & the United States “The American economy has protected Western civilization for the past century Our foreign policy, our military preparedness, and our very lives depend on it It is today clearly under attack from capable enemies, as Kevin Freeman explains in detail Most importantly, he tells us what we can to win the battle.” —Lt Gen Ed Soyster (U.S Army, Ret.), former director of the Defense Intelligence Agency “Game Plan is a compelling, essential primer for those who are prudent enough to want to understand how to prepare our country and themselves for the “Third Phase” of the assault on our financial systems by America’s enemies Kevin Freeman teaches what policy makers and you can to protect our country and our families from the new weapons of mass destruction already in the hands of those who have every intention to harm us.” —Becky Norton Dunlop, vice president, the Heritage Foundation, and former deputy assistant to President Ronald Reagan “Read this book! Discover what the Islamists, Iran, China’s Peoples’ Liberation Army, the Russian government, and just plain criminals have in store for Americans—and learn how you can prepare your game plan to deal with the consequences of the game plans of the bad guys.” —George S Dunlop, former principal deputy assistant secretary of the army “America’s national security remains at risk as unwarranted euphoria returns to the U.S stock exchanges and official threat analysis rejects the very existence of a global economic war against the American people Kevin Freeman’s work is a quantum leap forward—he identifies the threats and unearths the most likely perpetrators, alerting investors to structure defensive portfolio strategies in response to such financially fatal realities If you have capital at risk, this is a must-read!” —Maj Patrick Maloy (USMC, Ret.) “Game Plan points to looming, well-documented threats from not only al Qaeda, which remains focused on exploiting America’s economic vulnerabilities, but from other foes like Russia, China, Iran, North Korea, and Venezuela So far, the U.S government has largely turned a blind eye to warnings from financial experts like Kevin Freeman, refusing to confront these threats With the life savings and investments of so many Americans at risk, it is critical that every concerned citizen understand what is at stake.” —Margaret Hemenway, former official at the Department of Defense, at NASA, and on Capitol Hill “The most perilous danger of terrorism is the unseen one The myopic focus on preventing massmurder attacks makes us vulnerable to broader, stealthier threats against our institutions None of those is more consequential than the threat to our economy, and no one lays bare that threat with keener insight than Kevin Freeman.” —Andrew C McCarthy, former federal prosecutor and bestselling author “Kevin Freeman’s brilliant analysis is frightening The clear message is Wake up! Financial terrorism has the potential to change a prosperous way of life, ‘de-Americanize’ the world, and change the face of history Albert Einstein said, ‘A foolish faith in authority is the worst enemy of truth.’ The ‘authorities’ of the free, democratic world appear blind to the truth and asleep at the switch Like the scientific leadership that shunned the revolutionary principles of quantum mechanics and relativity in Einstein’s era, our leadership is turning a blind eye to cyberterrorism and economic warfare I urge attention to the clarion call in this book to avoid serious damage to a political and social structure that transformed the world for the better.” —Peter G Traber, M.D., CEO, Galectin Therapeutics, and professor of medicine “Kevin Freeman describes an economic Armageddon just around the corner , largely of our own making, that our enemies are actively preparing to exploit If you were worried about the Fed, the weak dollar, and the prospect of hyperinflation before, Game Plan will show you how to transform those fears into a responsible plan of action For starters, we must—and can—become energy independent by transforming safe, abundant, American natural gas into methanol to power our automobiles.” —Kenneth R Timmerman, author and former GOP congressional candidate “After more than a decade in law enforcement I can attest that no single person has provided a clearer and more definitive explanation of the threats facing this nation and the challenges hindering today’s law enforcement agencies than Kevin Freeman Through his tireless research Freeman has educated countless law enforcement officials on the once unrecognized threat of financial terrorism His innovative research has also been invaluable during ongoing criminal investigations, involving international, federal, and local law enforcement agencies.” —Eamon Blanchard, law enforcement investigator “Economic warfare is real, and Kevin Freeman shows us how it works.” —Jeff Nyquist, author of Origins of the Fourth World War “Kevin Freeman’s Game Plan appropriately includes in his exhaustive analysis of economic problems facing America the existential threat from a manmade or natural electromagnetic pulse (EMP) event, which could shut down the electric power grid indefinitely The relatively small cost of insurance to protect the electric power grid against that threat is an economic no-brainer.” —Ambassador Henry F Cooper, chairman, High Frontier, and former director of the Strategic Defense Initiative “Talk about a wake-up call! Kevin Freeman’s Game Plan sets forth a well-documented and highly plausible threat that could send twenty-first-century America back to the eighteenth century literally in a flash It’s enough to keep the average American from ever sleeping again! On the positive side, however, he also describes some relatively easy and inexpensive protective measures that can minimize the damage to our financial, electrical, and social infrastructures It’s a game plan that we ignore at our very substantial peril.” —Colin A Hanna, president, Let Freedom Ring “I’ve known Kevin Freeman since the time he first raised his concerns about the risks of financial warfare He has consistently gotten it right and has been consistently ahead of the pack in doing so For those with financial assets to protect, this book is a must-read.” —Stephen Coughlin, senior fellow, Center for Security Policy, and former consultant to the Joint Chiefs of Staff “Benjamin Franklin warned centuries ago, ‘Think what you when you run in debt, you give to another power over your liberty.’ War is about exploiting vulnerabilities Kevin Freeman alerted us to our economic vulnerabilities in Secret Weapon In Game Plan, he warns that our liberty is imperiled by a concerted exploitation of these vulnerabilities The State of Utah is working to heed his warning.” —Ken Ivory, Utah state representative and author of Where’s the Line? How States Protect the Constitution “Kevin Freeman’s latest book comes at a critical time in human history Bill Clinton’s famous campaign motto was ‘It’s the economy, stupid!’ The Jihadists’ approach to destroying America is to destroy the American economy Kevin’s masterly Secret Weapon revealed the enemy’s insidious plans to bring down Wall Street and the United States and therefore the world economy Now he prepares us for what is coming, including Chinese disinvestment in the dollar and Russia’s continuing competition with the United States for preeminence Hosea 4:6 says, ‘My people are destroyed for lack of knowledge.’ Kevin Freeman’s Game Plan gives us the knowledge to save us from being destroyed.” —Dennis Avi Lipkin (a.k.a Victor Mordecai), author “What does the risk of economic warfare mean to our economy and your own personal finances? Game Plan by Kevin Freeman is a must-read for understanding the imminent financial risks we face and what you can about them.” —Eric M Jackson, award-winning author of The PayPal Wars and CEO of CapLinked “I traveled extensively with Kevin Freeman, to the DIA, FBI, and halls of Congress It would have been un-American not to help a patriot like Kevin in his attempt to warn our leaders and his fellow citizens Economic warfare is a serious threat, but no one in Washington wants to address it Perhaps they are too busy lining their own pockets while our nation collapses Rumor has it that a large think tank has been awarded a ‘study to nowhere’ on the issue Typical Washington A senior DoD official told me that addressing this problem doesn’t fit the political narrative Obviously those ‘public servants’ defining the narrative are not really concerned about national security or this nation’s citizens Events prove this Read the book before they ban it It is destined to become a collector’s item.” —David Hemenway, citizen soldier, Washington navigator “It’s a new century, and Game Plan by Kevin Freeman reveals the emergence of a new kind of war that the United States is ill prepared to take on Freeman describes in painstaking detail how the very foundations of our society are in peril, yet the American political class remains in denial If you have time to read only one book in 2014, read this one Your way of life depends on it.” —Gil Amelio, retired technologist, inventor, author, and transformative CEO of National Semiconductor and Apple Computer “Kevin Freeman has hit another home run with his new book, Game Plan He is one of the preeminent thinkers of our generation His extensive research integrates the long-term historical perspective with the current perspective He understands the economic as well as the military threat to our national security The danger is not only from international terror with guns and bullets, but also in the financial and economic realm Read it and become enlightened!” —Hon Allen B Clark, former assistant secretary of Veterans Affairs Copyright © 2014 by Kevin D Freeman All rights reserved No part of this publication may be reproduced or transmitted in any form or by any means electronic or mechanical, including photocopy, recording, or any information storage and retrieval system now known or to be invented, without permission in writing from the publisher, except by a reviewer who wishes to quote brief passages in connection with a review written for inclusion in a magazine, newspaper, website, or broadcast First ebook edition © 2014 eISBN 978-1-62157-218-3 The Library of Congress has cataloged the hardcover edition as follows: Published in the United States by Regnery Publishing, Inc One Massachusetts Avenue NW Washington, DC 20001 www.Regnery.com 10 Books are available in quantity for promotional or premium use Write to Director of Special Sales, Regnery Publishing, Inc., One Massachusetts Avenue NW, Washington, DC 20001, for information on discounts and terms, or call (202) 216-0600 Distributed to the trade by Perseus Distribution 250 West 57th Street New York, NY 10107 DollarDaze, 160 Dom Perignon, 198–99 Donilon, Tom, 18 Douglas, Lewis, 102 Dow Jones Industrial Average (“the Dow”), 11, 26, 86, 117, 119, 124–25, 130, 210–11, 213–14 versus gold, 111 as “the stock market,” 121 Dubai, 20 Duelfer, Charles, 10–11 Duggan, Bob, 206–10, 217 E East Asia, 35 Eastern Europe, 211 efficient markets hypothesis (EMH), 119, 126–27 Egypt, 2–3, 12, 45, 98 Einhorn, David, 183 electromagnetic pulse (EMP), xix, 21, 30, 67–69, 72–77, 200, 224, 237 Ellis, Charles, 204, 208–9, 217 Emergency Banking Act of 1933, the, 102–3 EMP Commission, the, 69–72, 76–77 Epstein, Gene, 32 Estrada, Javier, 147 euro, the, 38, 48, 60, 104, 138, 164, 166 European Stock Index, 17 European Union, the, 61, 167, 222 eurozone, the, 42, 61 exchange-traded funds (ETFs), 7, 116, 124–25, 179, 194, 196–98 F Facebook, 86, 188 fair tax, the, 232 Falk, Richard, 234 Fannie Mae, 15, 96 FBI, 5, 73, 80, 220 Federal Deposit Insurance Corporation (FDIC), 89, 91–92, 164–65, 168–69, 177–79 Federal Reserve, the (“the Fed”), 23, 97, 104, 136, 154–55, 167–68 debt and, 29, 40, 43–45, 90, 93 economic warfare and, 16–17, 25, 220 gold and, 105–9, 112–13, 214 Great Depression and the, 94 interest rates and, 54, 56–58, 92, 140–43, 146, 149, 150 money printed by the, xix, 27–28, 31, 62, 214 quantitative easing and, 28, 56–58, 62, 64–66, 224–25 Federal Reserve Bank of Boston, 169 Federal Reserve Bank of Dallas, 88–89 Federal Reserve Bank of New York, 106–7, 136 Federal Reserve Bank of San Francisco, 28, 55 Federal Reserve Bank of St Louis, 23–24 Ferguson, Niall, 47 Ferrara, Peter, 51 Fidelity (investment firm), 110, 127, 186–87 financial crisis (2008), xviii–xx, 3–4, 50, 83, 88–92, 117, 222, 225, 237 aftermath of the, 16, 43, 50–51, 86–87, 92, 149, 154, 159–60 causes of the, xviii, 6–7, 14–15, 20, 24–25, 72–73, 88–90, 224, 237 Financial Industry Regulatory Authority, 176 Financial Times (London), 166, 199 Fiscal Risk Management Commission, the, 223 Fisher, Richard, 88–89 Fitch, 179 Five Wise Men, the, 60 fixed annuities, 172–76, 180 “flash crash,” 3, 7–8, 17, 83–87 flat tax, the, 232 food stamps, 50, 89 Forbes, 51, 59, 63, 102, 197, 206 Forbes, Steve, 32, 104 For the Record, Forsyth, Randall W., 24 Founders, the, 99–100, 104, 234 franc, the, 33, 38 Franklin, Benjamin, 172 Franks, Trent, 224 Freddie Mac, 15, 96 Freeman, Kerry, 210 Freeman, Kevin, 6–7 Fridson, Martin, 59 Friedman, Milton, 94–95, 115 Frontier Advisory, 34–35 F-Secure, 166 Fuljenz, Mike, 96 G Gaddafi, Muammar, 13 Galleon Group, 184 Gateway Church, 240 Geithner, Timothy, 25, 46–47 General Electric (GE), 120–21 General Political Department (GPD) (China), 21 Georgetown University, 84 German Council of Economic Experts, 60 Gertz, Bill, 18, 21–22, 30 Gilani, Shah, 84 Gingrich, Newt, 76–77 Glass, Carter, 103 Glick, Reuven, 28 Global Exchange, 63 Global Food Exchange, 195–96 Global Industry Classification Standard (GICS), 124 Global Investing the Templeton Way, 204 Global Trends, God, 11, 235–36, 239–40, 242–43 Gohmert, Louie, 233 gold bullion, 33, 93, 108–9, 116 Goldman Sachs, 16, 87, 109, 150 Goldsmith’s Hall, 98 Goodman, Lawrence, 43 Google, 120 Graham, Benjamin, 204 Grameen Bank, 192 Great Britain, 10, 19–20, 66, 98, 153, 166–67 Great Depression, xviii, 16, 54–55, 89, 93–94, 100, 103, 211 Great Recession, 26, 164 Greece, xix, 29, 58, 65, 205 Greenlaw, David, 31 Greenspan, Alan, 97, 104, 110, 123, 134 Greenstein, Shane, 135 Grice, Dylan, 26 Gross, Bill, 41, 106 Guangcheng, Chen, 22 guaranteed investment contracts (GICs), 172, 177–78, 180 guaranteed investments, xx, 171–80, 209 H Hagmann, Doug, 28 Haldane, Andy, 150–51 Hamilton, James, 31 Hanemann, Thilo, 64 Hartnett, Michael, 150 Harvard, 114, 131, 167 Hawker Beechcraft, 63 hedge funds, xiv, 107–9, 181–88, 200, 209 Heritage Foundation, the, 231 Hermes Fund Managers, 129 HFRI Fund of Funds Composite Index, 187 HFRX Global Hedge Fund Index, 183 Hitler, Adolf, 210, 243 Holland, 136 Hooper, Peter, 31 Hoover Institute, the, 227 House Armed Services Committee, 5, 220 House Committee on Homeland Security, 85 Hunt brothers, the, 108 Hussein, Fouad, Hutchinson, Martin, 65 hyperinflation, xx, 28, 54–55, 58, 65–67, 89, 100, 131–33, 154, 160, 169, 201, 210–11 Hyperloop, 230 I Iati, Rob, 87 Ibbotson, Roger, 182 Icahn, Carl, 183 IESE Business School (Barcelona), 147 India, 34–35, 43, 105 Industry Classification Benchmark (ICB), 124 inflation, 42, 45, 59, 90, 93, 95–96, 102–4, 119, 162–63, 170, 212 bonds and, 139–44, 145–47 in Britain, 10, 66–67, 98 commodities and, 197, 201 in Germany, 132 gold and, 95, 111, 113 in Greece, 65 guaranteed investments and, 179–80 in Japan, 55, 57, 65 risk of, 24–28, 31–32, 41, 44–45, 53–55, 59, 64–67, 112–13, 150–51, 154–55, 212–13 stocks and, 109–10, 131–34, 205, 212 in Zimbabwe, 65–66, 132 Inside Investing, 126 Institute of Electrical and Electronics Engineers’ Critical Infrastructure Protection Committee, 73 Institute for Energy Research, the, 228 Intelligent Investor, The, 204 International Monetary Fund (IMF), 33–35, 37, 51, 58, 62–63 Internet Crime Complaint Center, 166 Investing in Separate Accounts, 204 Investment Policy, 204 Investopedia, 187–88 Iran, 3, 12–13, 19–20, 25, 35, 45–46, 76, 169 Iraq, 2–3, 20, 38–39, 45–46, 81 Iraq Survey Group, the, 10–11 IRAs, 59–62, 163, 172–73, 176, 200 Islam, Islamic, 1–2, 11–12, 19, 185, 233 Ivory, Ken, 223 Iwry, J Mark, 60 Izz ad-Din al-Qassam Cyber Fighters, 19 J Jain, Prem, 128 Japan, 9, 24, 33, 38, 40, 43, 55–58, 62, 65, 136, 144–45, 153, 161, 210–11 Jefferson, Thomas, 99 Jeffrey, Terence, 29 Jesus Christ, 158, 239–40, 243 Joachimsthal, the, 99 Jobs, Steve, 190 Johns Hopkins Carey Business School, 184 joint life annuities, 175 Jones, Alfred Winslow, 182 Jordan (country), 2–3 Junkans, Dean, 204–6, 216–17 K Kahle, Kathleen M., 225 Kanjorski, Paul, 16, 88, 167–68 Kass, Doug, 78 Keating Center at Oklahoma Wesleyan University, 217–18 Kedar, Sharon, 204 Kellermann, Tom, 79 Keynes, John Maynard, 95, 100–1, 104, 123 KGB, 19, 33 Kilburg, Jeff, 86 King Croesus, 98 King, Mervyn, 35 Kish, Daniel, 228 Kizner, Eric, 204 KKM Financial, 86 Koning, John Paul, 132 Kotlikoff, Laurence J., 29 Kozmo.com, 135–36 Krause, Matt, 223 Kumar, Nirmalya, 63 Kuwait, 2–3 L Lackey, Richard, 195–96 Laffer, Arthur, 26 Larson, Adrian J., 187 Larson, Mike, 36 Las Vegas, NV, 136 Latin America, 25, 58, 131–32, 211 Lauer, Dave, 84 Leduc, Sylvain, 28 Lehman Brothers, xviii–xix, 15–16, 73, 88, 160, 179, 224 Lerner, Stephen, 13, 91 Lewis, Nathan, 100 Liang, Qiao, 18 Libya, 2, 12–13 Lieberman, Joseph, 80 Liew, Jim Kyung-Soo, 184 life annuities, 174 Lloyds of London, 74 Lohan, Lindsay, 137–38 London, 1, 19–20, 73, 98, 106, 166, 199 London Business School, 63 Long-Term Capital Management, 10 Lord Monckton, 153, 161–62 Los Angeles Times, 165 Loy, James, 233 Ludwig von Mises Institute, the, 132 Luke (Evangelist), 243 M MacDonald, Ramsay, 100 MacroMavens, 160 Mad Max, 67 Mad Money, 23, 122 Madoff, Bernie, 184 Main Street, 16, 102 Malachi (prophet), 242 Malaysia, xix–xx, 10–11 MarketWatch, 168 Marshall, Andrew “Andy,” Martinage, Robert, master limited partnerships, 198 Matthew (Evangelist), 240 Mayer, Christopher J., 193 Maytag, 63 McAfee, 81 McConnell, Michael J., 78 McCullough, Joan, 24 Medicaid, 31 Medicare, 31 Merrill Lynch, 16, 113, 129 Mexico, Mexicans, 105–7, 233 microloans, 192 MicroVentures, 190 Middle Ages, the, 172 Middle East, the, xviii, 10, 19, 25, 38–39, 81, 185 Miller, Judith, 199 Miller’s Collectibles Price Guide, 199 Miniter, Richard, 86–87 Mishkin, Frederic, 31 Mohamad, Mahathir, 11 Mohammed, Khalid Sheikh, Money Morning, 83–84 Moneynews.com, 96 Moody’s, 146, 179 Morgan Stanley, 31 Morocco, Morris, Robert, 240 Mubarak, Hosni, 45 Mueller, Robert, 80 Mullen, Mike, 221 Mundell, Robert, 104 Munyukwi, Emmanuel, 132 Musk, Elon, 230 Muslim Brotherhood, the, 11, 45 Muslims, 2, 11, 19–20, 186 N Napoleon, Napolitano, Janet, 16 NASCAR, 189 NASDAQ, 79, 97 National Finance Committee, 227 National Geographic Channel, 224 National Intelligence Council, National Security Agency (NSA), 78–79 National Security Investment Consultant Institute (NSIC Institute), 129, 217–18, 238 National Seniors Council, 59 NCREIF Timberland Index, 197 New Economic Policy, the, 104 New England Complex Systems Institute (NECSI), 14, 90 Newman, Rick, 55–56 New York Stock Exchange (NYSE), 78, 124 New York, 9, 11, 20, 82, 85, 108, 199, 206, 223 New York Times, 19, 82, 86, 163, 188, 225 Nikkei stock index, 136 Nixon administration, 100, 102 Nixon, Richard, 39, 100, 102–3 Noonan, Peggy, 234–35 North Korea, 3, 10, 46, 75–76, 169 Northwestern University’s Kellogg School of Business, 135 Nusseibeh, Saker, 129 Nutting, Rex, 168 O Obama administration, 7, 18, 25, 28, 59–60, 167, 228 Obama, Barack, 22, 28–29, 51, 78–79, 101, 143, 151–52, 227–28 Obamacare, 29, 231 O’Brien, Matthew, 66 Office 39 (North Korea), 10 Office of Net Assessment (Department of Defense), 5–6 Oklahoma, 207, 218 On My Own Two Feet, 204–5 Operation Black Summer, 18 “Operation Twist,” 143 options, 191 OpUSA cyberattack, 81 P Pacific Investment Management Company (PIMCO), 41, 106, 145 Paine, Thomas, 99 Pakistan, 12, 81 Panarin, Igor, 33 Panetta, Leon, 40, 80 passive investing, 123–24, 126, 128 Pathlight, 187 Paul, Ron, 96 Paulson, Henry, 15, 34 Paulson, John, 183 Pearl Harbor attacks, Peking University, 25 Pentagon, the, xvii–xix, 5–7, 21, 24–25, 30, 73, 91, 220, 237 Pento, Michael, 33 Pento Portfolio Strategies, 33 People’s Liberation Army (PLA), xvii, 21, 48, 54 Perry, Rick, 223 Peterson Institute for International Economics, 35, 40 Pethokoukis, James, 111–12 “petrodollars,” 39 Pets.com, 130, 135 Phase One, 25, 44 Phase Three, xix, 25, 44 Phase Two, 25, 44 Phillips, Scott, 204 Phoenix, AZ, 136 Pickens, T Boone, 230 PIMCO See Pacific Investment Management Company Poland, Polish, 60, 167 Politico, 227 Pollock, Alex, 152 Pomboy, Stephanie, 160 Poole, Bill, 23–24 Postman, The, 67 pounds (currency), xix–xx, 10, 38, 40, 43, 98, 105, 160, 186 Preobrazhenskiy, Konstantin Georgiyevich, 19 Princeton University, 234 private debt, 161, 191–92, 200 Proctor, William, 204, 210 Progress Software, 85 Project 2049 Institute, 21 Project Blitzkrieg, 81 Proverbs, 236, 242 Providence, 235–36 Pry, Peter Vincent, 74 Pufeng, Wang, 17 Putin, Vladimir, 12–13, 33, 37–38, 63, 229 Q Qiushi, 37, 43, 53 quantitative easing (QE), 27–28, 56, 64, 102, 142, 160 Quantum Dawn 2, Quebec, 74 R Raby, Geoff, 34 Rafferty Capital Markets, 33 Rajaratnam, Raj, 184 Rampell, Catherine, 163 real estate investment trust (REIT), 193 Reichenstein, William, 179 Reid, Harry, 151 Reinhart, Carmen, 27, 66, 153 renminbi (RMB), 35, 40, 47 Republicans, 5, 41, 50, 120, 151 Rhodium Group, 64 Rickards, James (“Jim”), 10, 42, 112–13, 237 Riddix, Mark, 125–26 Roberts, Paul Craig, 108–9 Rogers, Jim, 61–62, 150, 153 Rogoff, Kenneth, 27, 66, 153 Rolling Stone, 15 Roman Empire, 93, 172 Romney, Mitt, 120–21 Roosevelt, Franklin Delano, 100–2, 210 Rosengren, Eric, 169 Ross, Wilbur, 151 Rumsfeld, Donald, 75 rupee, the, 105 Russia, 3, 6, 12, 15, 19–20, 25, 28, 33–34, 37–38, 45–47, 52, 74, 81, 105, 115, 165, 229 S SAC Capital, 184 San Francisco Federal Reserve, 28, 55 Sanger, David, 82 Santa Barbara, CA, 206 Saturday Evening Post, 121 Saudi Arabia, 11, 39, 43, 228–29 Saxo Bank, 61 Schiff, Peter, 42, 91, 96–97, 132–33 Schofield, Tim, 200 Schweizer, Peter, 227 Seabreeze Partners, 78 Secret Weapon, xix–xx, 3, 185, 214, 237 Securities and Exchange Commission (SEC), 5, 83–86, 169, 220 Securities Investor Protection Corporation (SIPC), 168, 195 Seeking Alpha, 107, 127, 149 Sejna, Jan, 10 Senate Select Committee on Intelligence, 233 Service Employees International Union (SEIU), 13, 91 Sessions, Jeff, 50 Seven Years’ War, sharia, 11–12, 186 sharia-compliant finance (SCF), 11 Sharma, Anand, 34 Shilling, Gary, 55 Shuanghui International, 63 Siegel, Jeremy, 147 Silicon Valley, 130 Simons, James, 183 SITE, Skousen, Mark, 109 Smithfield, 63 Smith, Shelby, 176 Snyder, Michael T., 27, 64–65, 149 Social Security, 31, 50, 61, 120 Societe Generale, 26 Somalia, 17 Soros Fund Management, 107 Soros, George, xviii–xx, 10, 15, 48, 54–55, 58, 61, 90, 183, 185–86 South Africa, 34, 98, 105 South Korea, 75 Soviet Union, 4, 10, 210, 237 Springer, Keith, 146 Sragow, Darry, 234 Standard Chartered, 20 Standard & Poor’s, 179 Standard & Poor’s 500, Stanley Gibbons, 200 State of the Union Address, 18 Stein, Jeremy, 167 stock market, the, 13, 82, 111, 127–28, 134, 183, 191, 200, 215 benefits of investing in, 118–22 bubbles of, 55, 123, 136 collapses of, 3, 72, 117 crashes of, xviii, 14, 18, 31, 50, 85, 172 declines of, xviii, 16, 44, 54, 86, 130, 149, 182 investing in , 130–33 panics concerning, 213 recoveries of, rising of, 182–84, 210 sectors of, 125 trading and, 83, 87 Stout, Lynn, 185 Strategic Defense Initiative Organization, 75 Subramanian, Arvind, 40 Sudan, 3, 12 Sullivan, Sean, 166 Summers, Lawrence, 186 Swanson, Rod, 234 Sweet, Ryan, 146 Switzerland, 108 Syria, Syrian Electronic Army (SEA), 3, 86 Systematically Important Financial Institution (SIFI), 167 T TABB Group, 87 Taibbi, Matt, 15 Taiwan, 47 tangible assets, 116, 192, 198, 200 T-bills, 141 Telegraph, the, 20 Templeton Growth Fund, 210 Templeton Maxims, 211–12, 214 Templeton Private Client Group, the, 131 Templeton, Sir John, 128, 131, 210–12, 214, 217, 239–41 Templeton Touch, The, 204, 210 Tepper, David, 183 term-certain annuities, 174–75 Tesla, 230 Texas legislature, 223 Thakor, Manisha, 204–5, 217 “thaler,” 99 Thatcher, Margaret, 153, 161 Thief-in-Law, 81 This Time Is Different, 66 Thomas, Timothy, 52 Throw Them All Out, 227 Tillberg, Jason, 108 Tombini, Alexandre, 34 “too big to fail,” 88–89, 108, 167 Trask, Haunani-Kay, 234 Treasury bonds, 25, 39, 141 Treasury inflation-protected securities (TIPS), 147 Treasury notes, 141 Treasury’s War: The Unleashing of a New Era of Financial Warfare, 8, 47, 221 trillion-dollar coins, 41–42 Tunisia, Turkey, 35 Twitter, 3, 17, 85–86 U UCLA School of Law, 185 United Arab Emirates, 229 University of Arizona, 225 University of California, Los Angeles (UCLA), 234 University of Hawaii, 234 University of Pennsylvania Wharton School of Business See Wharton School, the University of Southern California, 234 Unocal, 63 Unrestricted Warfare, xvii–xix, 18, 31, 52–53 USA Today, 89, 114, 144 U.S Cyber Command, 78, 223 U.S Department of Agriculture (USDA), 68 U.S Department of Defense, xix, 5, 30, 44, 76 U.S Department of Labor, 59–60 U.S Department of the Treasury, 5, 25, 30, 39, 41, 43–44, 59–60, 88, 92, 129, 138, 141, 143, 147, 149, 151, 161, 167–69, 177, 218, 221 U.S government, 2, 8, 28–30, 35, 39, 98–99, 108, 137–38, 163, 177 U.S Leather Company, 121 U.S News & World Report, 55 U.S Special Operations Command (SOCOM), Utah, 223 V Vanguard Funds, 128 variable annuities, 172–77 Venezuela, 3, 12–13, 45, 229 Verdery, C Stewart, Jr., 233 Verizon, 124 Veryser, Harry, 101 Vickers, Michael, W Waggoner, John, 144 Wallace, Charles, 147 Wall Street, 8, 15–16, 26, 71, 90, 147, 222 Wall Street Journal, the, 8, 31, 79, 140, 152 Wal-Mart, 121 warrants, 190–91 Washington, D.C., 50, 53–54, 151–152, 220–221 Washington, George, 100, 104, 235 Washington Mutual, 16, 179 Washington Times, the, 7, 30 Waterworld, 67 Wealthy Barber, The, 204 We Are Social, 85 Webvan, 135 Weekly Standard, the, 81 Weimar Germany, 27, 45 Wells Fargo Private Bank, 204 Welton Investment Corporation, 148 Wharton School, the, 147, 179 Which?, 199 Williams, Rob, 144 Winkler, Max, 153 Wissman, Stephanie Catarino, 229 Woods, Thomas, 102 Woolsey, James, 75–76, 229 World Bank, the, 34, 51, 58, 62, 79 World Economic Outlook (2007), 51 World War I, 45, 98 World War II, 4, 10, 65, 103, 207, 211, 216 X Xiangsui, Wang, 18 Y Y2K, 77 Yale School of Management, 182 Yemen, yen, the, 33, 38 Yergin, Daniel, 103, 228 yield curves, 139–40, 143, 155 Yousef, Ramzi, yuan, the, 20, 33–35, 37–40, 46, 48, 157 Yugoslavia, 65 Yunus, Muhammad, 192 Z Zarate, Juan, 8, 47, 221–21, 237 Zeiler, David, 83 Zero Hedge, 154 Zhiwei, Zhou, 34 Zimbabwe, 65–66, 132, 205 Zimbabwe Stock Exchange, the, 132 ... explain how the next attack may take place and how it would affect you The second section is about how to respond as the economic war unfolds Unfortunately, there’s no way of telling precisely how the. .. exactly the same time Low inflation can quickly escalate From 1915 to 1917, the inflation rate jumped from percent to 17 percent From 1945 to 1947, inflation jumped from percent to 14 percent, and from. .. Americans—and learn how you can prepare your game plan to deal with the consequences of the game plans of the bad guys.” —George S Dunlop, former principal deputy assistant secretary of the army “America’s