The new great depression : winners and losers in a post-pandemic world
(2021)
By:
Rickards, James
Nonfiction
Book
Call Numbers:
330.973/RICKARDS,J
0 Holds on 1 Copy
Availability
Details
PUBLISHED
[New York] : Portfolio/Penguin, an imprint of Penguin Random House, [2021]
DESCRIPTION
xxii, 182 pages ; 23 cm
ISBN/ISSN
9780593330272, 0593330277 :, 0593330277, 9780593330272
LANGUAGE
English
NOTES
"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