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Title: The New Great Depression
Author: James Rickards
Narrator: James Rickards
Format: mp3
Length: 5 hrs and 27 mins
Release date: 01-12-21
Ratings: 4.5 out of 5 stars, 1,237 ratings
Genres: Economic Conditions
Publisher's 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 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.
