A Wall Street Journal and National Bestseller!
The man who predicted the worst economic crisis in US history shows you how to survive it.
The current crisis is not like 2008 or even 1929. The New Depression that has emerged from the COVID pandemic is the worst economic crisis in U.S. history. Most fired employees will remain redundant. Bankruptcies will be common, and banks will buckle under the weight of bad debts. Deflation, debt, and demography will wreck any chance of recovery, and social disorder will follow closely on the heels of market chaos. The happy talk from Wall Street and the White House is an illusion. The worst is yet to come.
But for knowledgeable investors, all hope is not lost.
In The New Great Depression, James Rickards, New York Times bestselling author of Aftermath and The New Case for Gold, pulls back the curtain to reveal the true risks to our financial system and what savvy investors can do to survive -- even prosper -- during a time of unrivaled turbulence. Drawing on historical case studies, monetary theory, and behind-the-scenes access to the halls of power, Rickards shines a clarifying light on the events taking place, so investors understand what's really happening and what they can do about it.
A must-read for any fans of Rickards and for investors everywhere who want to understand how to preserve their wealth during the worst economic crisis in US history.
Great As Usual, But...
I find your work to be quite insightful your grasp of physical, economic, social economic and investment principles are quite delightful. However I have a question. In the beginning of the book you call loud so-called scientist for inadvertently making economic decisions and prognosis, Isn’t the first part of your book making prognosis about COVID-19 a space that is out of your realm generally?
All in all however, fantastic work as usual.
Decent but needs an update
Good reading but already needs an update. Hard to listen to what is being said when he’s saying a vaccine will most likely never be made. Guess I should have expected an outdated reading in this changing world