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The New Great Depression

Winners and Losers in a Post-Pandemic World

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The New Great Depression

Von: James Rickards
Gesprochen von: James Rickards
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Über diesen Titel

 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. Ökonomie

Kritikerstimmen

“Rickards...makes the important point that depressions are as much psychological as numeric…Intriguing policy recommendation…sound advice to investors on how to structure a portfolio to deal with both the threat of deflation and inflation…a bracing collection of salvos…with many genuine insights, which make it an enjoyable book to argue with. Let’s just hope that the next 30 years are less bleak than Mr Rickards expects.”
--The Financial Times
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This book does not only explain the complex workings of modern economy and society, but actually dares to provide proper investment guidance. The one thing most of these books do not dare to deliver after all.

Great insights and tips to think about

Ein Fehler ist aufgetreten. Bitte versuche es in ein paar Minuten noch einmal.
Super disappointing, simply repeating Trump propaganda and conspiracy theories, I hope this book gets taken out of circulation.
The analysis of the book could have very well been done without blaming China for the virus

Spreading of misinformation and conspiracy theories

Ein Fehler ist aufgetreten. Bitte versuche es in ein paar Minuten noch einmal.