The
new great depression
winners and losers in a post-pandemic world
Rickards, James.
creator
text
bibliography
nyu
New York]
Portfolio/Penguin, an imprint of Penguin Random House
c2021
2021
monographic
eng
xxii, 182 p.
"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.
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.
James Rickards.
Includes bibliographical resources (p. 177-182).
Monetary policy
Banks and banking
Financial crises
Government policy
COVID-19 (Disease)
Economic aspects
HC106.84 .R53 2021
9780593330272 (hbk.)
0593330277 (hbk.)
2020942696
210209
on1179050729