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The Road to Ruin

The Global Elites' Secret Plan for the Next Financial Crisis
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( 1,131 ratings, 116 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
The Road to Ruin by James Rickards delves into the intricacies of the financial world. Rickards, drawing from his expertise, argues that global economies are inching towards a significant collapse. The book offers insights into the potential causes of this downfall and challenges conventional economic practices, providing a comprehensive analysis for readers interested in understanding these complex dynamics.
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book may appeal to you if you have a keen interest in global economics, finance, and geopolitical events. It delves into the complexities of economic collapse and offers insightful analyses on financial markets, presenting an intriguing perspective on potential economic risks.

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Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

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.

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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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