The Road to Ruin
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The Road to Ruin
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The Road to Ruin
The bestselling author of The Death of Money on how the next financial panic is coming sooner than you think.
The global economy has made what seems like an incredible comeback after the financial crisis of 2008. Yet this comeback is artificial. Central banks have propped up markets by keeping interest rates low and the supply of money free-flowing. They won't bail us out again next time. And there will be a next time - soon.
In The Road to Ruin, bestselling author James Rickards identifies how governments around the world are secretly preparing an alternative strategy for the next big crisis - a lockdown. Instead of printing money to reliquify markets and prop up assets, governments are preparing to close banks, shut down exchanges, and order powerful asset managers not to sell. They're putting provisions in place that will allow them to do so legally. What's more, the global elite has already started making their own preparations, including hoarding cash and hard assets.
When the next one comes, it will be the average investor who suffers most - unless he or she heeds Rickards' warning and prepares accordingly.
Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?
The Road to Ruin by James Rickards presents a thought-provoking analysis of economic challenges and the potential for a future financial collapse. Reviews often highlight Rickards' deep insights into international finance and his engaging writing style. Some readers appreciate the practical advice while others find the predictions provocative and the economic theories intriguing, though occasionally complex.
Book Details
INFORMATION
ISBN: 9780241189207
Publisher: Penguin Books Ltd
Format: Paperback / softback
Date Published: 24 November 2016
Country: United Kingdom
Imprint: Portfolio Penguin
Audience: General / adult, Tertiary education, Professional and scholarly
DIMENSIONS
Spine width: 25.0mm
Width: 153.0mm
Height: 234.0mm
Weight: 425g
Pages: 352
About the Author
James Rickards is The New York Times bestselling author of The Death of Money and The Road to Ruin. He is the editor of the newsletter Strategic Intelligence and a member of the advisory board of the Physical Gold Fund. He advises the Department of Defence and the US intelligence community. He served as a facilitator of the first ever financial war games conducted by the Pentagon.
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