01677cam a2200289Ii 4500 on1179050729 OCoLC ta 210209s2021 nyu b 000 0 eng d 2020942696 9780593330272 (hbk.) 0593330277 (hbk.) (OCoLC)1179050729 HC106.84 .R53 2021 Rickards, James. The new great depression : winners and losers in a post-pandemic world / James Rickards. [New York] : Portfolio/Penguin, an imprint of Penguin Random House, c2021. xxii, 182 p. Includes bibliographical resources (p. 177-182). 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. "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."--Amazon. Monetary policy. Banks and banking. Financial crises Government policy. COVID-19 (Disease) Economic aspects. lcc BK 0 0 0 0 PNLIB PNLIB GEN 2021-06-17 HC106.84 .R53 2021 PNLIB21060880 2021-06-17 2021-06-17 BK 1066 1066