
The New Great Depression
Winners and Losers in a Post-Pandemic World
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Narrated by:
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James Rickards
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By:
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James Rickards
A Wall Street Journal and National Best Seller!
The man who predicted the worst economic crisis in US history shows you how to survive it.
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 US 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.
But for knowledgeable investors, all hope is not lost.
In The New Great Depression, James Rickards, New York Times best-selling author of Aftermath and The New Case for Gold, pulls back the curtain to reveal the true risks to our financial system and what savvy investors can do to survive - even prosper - during a time of unrivaled turbulence. Drawing on historical case studies, monetary theory, and behind-the-scenes access to the halls of power, Rickards shines a clarifying light on the events taking place, so investors understand what's really happening and what they can do about it.
A must-listen for any fans of Rickards and for investors everywhere who want to understand how to preserve their wealth during the worst economic crisis in US history.
©2020 James Rickards (P)2020 Penguin AudioListeners also enjoyed...




















Critic reviews
“Rickards...makes the important point that depressions are as much psychological as numeric.... Intriguing policy recommendation...sound advice to investors on how to structure a portfolio to deal with both the threat of deflation and inflation...a bracing collection of salvos...with many genuine insights, which make it an enjoyable book to argue with. Let’s just hope that the next 30 years are less bleak than Mr Rickards expects.” (The Financial Times)
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I was so disappointed with the content of this book I wanted to stop reading and give it one star. Almost the whole book is about COVID and the events that played out thus far. Which would be great if I had just arrived from a different planet or another time period, but so redundant and unnecessary having just lived it.
With that said the last hour of the book is great. The author gives his prediction on what will happen next and how to diversify your assets to prepare. I listened to the last few chapters twice. I still don’t 100% agree with all of the author’s views, but it was definitely worth the read.
Skip to the end!
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- I’d say a solid 4 hours
Of tolerable background narration for a flight to empty you safe deposit box.
Same same ...
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Another great read from James Rickards
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I’ve listened to one of his other audiobooks and he seems a little rushed and subdued in his performance here...thus the 3 stars.
Good truth, a bit off on forecast timing
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Thank You jim for another great book
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highly recommend people to listen to this !
another look
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Great book. Amazing author.
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Economic sense in a worldwide pandemic
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insightful take on current state of affairs
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outstanding
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