The New Great Depression: Winners and Losers in a Post-Pandemic World
Book • 2021
In 'The New Great Depression: Winners and Losers in a Post-Pandemic World', James Rickards argues that the economic crisis triggered by the COVID-19 pandemic is the worst in U.S.
history, surpassing the crises of 2008 and 1929.
He examines the viral science behind the pandemic, the economic repercussions of national and international lockdowns, and the long-term impacts on the economy, including unemployment, bankruptcies, and social disorder.
Rickards draws on historical case studies, monetary theory, and his access to the halls of power to provide a comprehensive understanding of the crisis.
He offers practical advice on how investors can preserve and grow their wealth during this turbulent period, emphasizing the importance of diversification and preparing for impending inflation.
history, surpassing the crises of 2008 and 1929.
He examines the viral science behind the pandemic, the economic repercussions of national and international lockdowns, and the long-term impacts on the economy, including unemployment, bankruptcies, and social disorder.
Rickards draws on historical case studies, monetary theory, and his access to the halls of power to provide a comprehensive understanding of the crisis.
He offers practical advice on how investors can preserve and grow their wealth during this turbulent period, emphasizing the importance of diversification and preparing for impending inflation.
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