The New Great Depression
Winners and Losers in a Post-Pandemic World
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Narrated by:
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James Rickards
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Written by:
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James Rickards
About this listen
A Wall Street Journal and National Best Seller!
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 US 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 best-selling 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-listen 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.
©2020 James Rickards (P)2020 Penguin AudioCritic Reviews
“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)
What listeners say about The New Great Depression
Average Customer RatingsReviews - Please select the tabs below to change the source of reviews.
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- Pranjay
- 22-02-21
It's okay
This book has good nuggets of information around the broader outlook for the future of economy. But if you've read any other books by the author the message is not very different. The advice for protecting against the depression, if it occurs, also felt inadequate. Maybe there's not much to do in a depression. Overall it's a good quick read for readers that are new to the authors ideas.
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- Mr. T
- 10-04-21
Navigate world storms with the right information
Excellent!! Right information at the right time. Looking forward to read your next book. Thank you James Rickards.
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- Anonymous
- 23-03-21
Practical and Pragmatic
Anyone looking to understand the foundations of the global economy should take out time and listen to this
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- Amazon Customer
- 06-08-21
The book is overly steeped in history
To much history, would have been better if it was more forward looking. Unless you are a economic history buff you will lose interest fairly early.
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Overall
- Renju
- 15-06-21
90% about covid19 only... no much insights abt dep
90% about covid19 only... no much insights about depression.
felt like there is very less content to this book
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