From desperate interest rate cuts and chaos in global financial markets to the sub-prime mortgage crisis and a fast-crumbling tower of public and private debt, Wall Street insider Michael J. Panzner exposes the cracks in the dike, the looming economic threats, and the vast array of promises and obligations that will ultimately go unfulfilled.How did we get to this place, and how can we protect ourselves from the fallout?This revised and updated edition features a new introduction by the author on the predictions that have come to pass since the book was first published. It also provides a financial bomb shelter for every American by identifying the most pressing risks we face today as well as what we can do to survive the crisis: How an unraveling economy will affect each one of usWhen to sell, what to buy, and where to invest as the crisis unfoldsThe social, political, and geopolitical fallout from widespread financial upheavalEveryone must learn of the disaster-in-the-making so they can protect themselves, their families, and their economic well-being--before it's too late. "Financial Armageddon" is today's call to action.