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United States is no longer an illusion--it is here today. And nobody understands what to do in this situation better than the man who saw it coming : seasoned Wall Street prognosticator Peter Schiff.  For more than a decade, Schiff has been observing the US economy and believes that the nation faces an economic storm because of increasing federal, personal and corporate debt. There is not enough savings, a declining dollar, lack of domestic manufacturing--all of which means that the overall standard of living in the United States could decline even further over the next few years. Among Schiff's new dire predictions-- a prolonged depression combined with hyperinflation. The bond market bubble will burst, interest rates will spiral, and the dollar will collapse. However, Schiff does have a survival plan that includes investing in commodities, overseas stocks and more liquid investments. About the Author Peter Schiff is a seasoned Wall Street prognosticator. He began his career at Shearson Lehman and joined Euro Pacific Capital (a broker-dealer with expertise in foreign markets and securities) in 1996, becoming president of the firm in 2000. Schiff is best known for his accurate predictions of the performance of the stock market, commodities, gold and the dollar. He is frequently quoted in major publications such as The Wall St. Journal, Barron's, The Financial Times, The New York Times, Christian Science Monitor, etc.   Schiff also makes regular appearances on television and has been on Squawk Box, Closing Bell, Fox News and other programs and has a weekly radio broadcast as well. He was featured in a television program broadcast across Europe, akin to 60 Minutes. John Downes is coauthor of the bestselling Dictionary of Finance and Investment Terms,  Barron's Finance and Investment Handbook, and Beating the Dow.  He lives in Palisades, New York.