01798cam a2200301Ii 4500001001300000003000600013007000300019008004100022010001700063020002800080020002200108035002200130050002400152100002100176245009500197260008300292300001700375504005300392505025900445520052800704650002101232650002301253650004101276650004301317942001201360952010901372999001501481on1179050729OCoLCta210209s2021 nyu b 000 0 eng d a 2020942696 a9780593330272 (hbk.)q  a0593330277 (hbk.) a(OCoLC)1179050729 aHC106.84b.R53 20211 aRickards, James.14aThe new great depression :bwinners and losers in a post-pandemic world /cJames Rickards. a[New York] : bPortfolio/Penguin, an imprint of Penguin Random House, cc2021. axxii, 182 p. aIncludes bibliographical resources (p. 177-182).0 aIntroduction -- 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. a"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. 4aMonetary policy. 4aBanks and banking. 4aFinancial crisesxGovernment policy. 4aCOVID-19 (Disease) xEconomic aspects. 2lcccBK 00104070aPNLIBbPNLIBcGENd2021-06-17oHC106.84 .R53 2021pPNLIB21060880r2021-06-17w2021-06-17yBK c1066d1066