The New Great Depression, James Rickards
The New Great Depression, James Rickards
29 Rating(s)
List: $15.00 | Sale: $10.50
Club: $7.50

The New Great Depression
Winners and Losers in a Post-Pandemic World

Author: James Rickards

Narrator: James Rickards

Unabridged: 5 hr 27 min

Format: Digital Audiobook Download

Publisher: Penguin Audio

Published: 01/12/2021


Synopsis

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.

About The Author

James Rickards is the Editor of Strategic Intelligence a financial newsletter. He is The New York Times bestselling author of The New Great Depression (2020), Aftermath (2019), The Road to Ruin (2016), The New Case for Gold (2016), The Death of Money (2014), and Currency Wars (2011) from Penguin Random House. He is an investment advisor, lawyer, inventor, and economist, and has held senior positions at Citibank, Long-Term Capital Management, and Caxton Associates. In 1998, he was the principal negotiator of the rescue of LTCM sponsored by the Federal Reserve. His clients include institutional investors and government directorates. He is an op-ed contributor to the Financial Times, Evening Standard, The Telegraph, New York Times, and Washington Post, and has been interviewed by BBC, CNN, NPR, CSPAN, CNBC, Bloomberg, Fox, and The Wall Street Journal. Mr. Rickards is a guest lecturer in globalization and finance at The Johns Hopkins University, Georgetown University, Trinity College Dublin, The Kellogg School at Northwestern, the U.S. Army War College and the School of Advanced International Studies. He has presented papers on risk at Singularity University, the Applied Physics Laboratory, and the Los Alamos National Laboratory. He is an advisor on capital markets to the U.S. intelligence community, and the Office of the Secretary of Defense, and is on the Advisory Board of the FDD Center on Economic and Financial Power in Washington DC. Mr. Rickards holds an LL.M. (Taxation) from the NYU School of Law; a J.D. from the University of Pennsylvania Law School; an M.A. in international economics from SAIS, and a B.A. (with honors) from Johns Hopkins. He lives in New Hampshire.


Reviews

Goodreads review by Alexander on February 21, 2021

Books are incredible. They allow you to have a conversation with someone you would normally never be able to reach. Obviously, the chat is pretty one-way, but that's fine. There have been many times in my life I've had a coffee with someone and just listened the entire time. This book was like paying......more

Goodreads review by Oleksandr on January 24, 2021

Too short, too little interesting info.......more

Goodreads review by Darya on November 30, 2020

Good book with good reaserch. I liked different perspectives and interesting views on pandemic situation, analysis on virus and economic conditions connected to lockdown. Definitely the author has done a deep research on all the topics covered.......more

Goodreads review by Reader on January 15, 2023

I’m a fan of Jim Rickards. This book is strong on the economics, but I would skip the “pandemic investigation” chapters. I don’t think they further his arguments and public health isn’t his area of expertise.......more

Goodreads review by Pedro on January 14, 2021

Probably his best, certainly his most important and timely.......more


Quotes

“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