The New Great Depression : winners and losers in a post-pandemic world /
Rickards, James. 1976-
The New Great Depression : winners and losers in a post-pandemic world / James Rickards. - xxii, 182 pages : 24 cm
Includes bibliographical resources (pages 177-182).
Introduction -- A new virus-from China to a town near you -- One hundred days-chronicle of a lockdown -- The New Great Depression -- Debt and deflation derail recovery -- Civilization's thin veneer -- Investing in a post-pandemic world -- Conclusion.
"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."--Amazon.
9780593330272 0593330277
2020942696
Monetary policy.
Banks and banking.
Financial crises--Government policy.
COVID-19 (Disease)--Economic aspects.
Banks and banking.
COVID-19 (Disease)--Economic aspects.
Financial crises--Government policy.
Monetary policy.
Instructional and educational works.
Instructional and educational works.
HC106.84 / .R53 2021
330.973 330.9/052
The New Great Depression : winners and losers in a post-pandemic world / James Rickards. - xxii, 182 pages : 24 cm
Includes bibliographical resources (pages 177-182).
Introduction -- A new virus-from China to a town near you -- One hundred days-chronicle of a lockdown -- The New Great Depression -- Debt and deflation derail recovery -- Civilization's thin veneer -- Investing in a post-pandemic world -- Conclusion.
"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."--Amazon.
9780593330272 0593330277
2020942696
Monetary policy.
Banks and banking.
Financial crises--Government policy.
COVID-19 (Disease)--Economic aspects.
Banks and banking.
COVID-19 (Disease)--Economic aspects.
Financial crises--Government policy.
Monetary policy.
Instructional and educational works.
Instructional and educational works.
HC106.84 / .R53 2021
330.973 330.9/052