City Libraries, City of Gold Coast

The New Great Depression, winners and losers in a post-pandemic world, James Rickards

Label
The New Great Depression, winners and losers in a post-pandemic world, James Rickards
Language
eng
Bibliography note
Includes bibliographical resources (pages 177-182)
Index
no index present
Literary Form
non fiction
Main title
The New Great Depression
Nature of contents
bibliography
Responsibility statement
James Rickards
Sub title
winners and losers in a post-pandemic world
Summary
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
Table Of Contents
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
Classification
Content