The New Great Depression

Winners and Losers in a Post-Pandemic World
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ISBN-13:
9780593330272
Veröffentl:
2021
Erscheinungsdatum:
12.01.2021
Seiten:
182
Autor:
James Rickards
Gewicht:
425 g
Format:
237x162x25 mm
Sprache:
Englisch
Beschreibung:

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.
Timeliness: Covid-19 has shown the prescience of Rickards' message of coming economic crisis. His Twitter following shot up by 20% in the weeks following the Covid-19 market crash in March. This is the perfect time for Rickards to spread his message.Accessible and Urgent Subject Matter: Rickards answers an urgent need to address our current economic situation in a way that's accessible for general readers.Media and Platform: Rickards is frequently interviewed by The Wall Street Journal and appears on CNBC, FOX, CNN, NPR, and C-SPAN. He has contributed op-eds to the Financial Times, The New York Times, and The Washington Post. His strong relationships with the media, advisory firm Agora, investment firms BlackRock and Bridgewater, and other influentials will help us on the marketing front.Track: We've shipped nearly a million copies of Jim's books, and he shows no signs of slowing down.Iconoclastic thinker: Rickards has made his reputation going against the grain. He pushes against accepted narrative and proposes contrarian, outside the box solutions for economic problems-but with historical case studies and monetary theory to back it up.

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