The road to ruin: the global elites' secret plan for the next financial crisis
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Published:
New York City : Portfolio, 2016.
Format:
Book
Physical Desc:
340 pages ; 24 cm
Status:

Description

"The bestselling author of The Death of Money and Currency Wars reveals the global elites' dark effort to hide a coming catastrophe from investors. A drumbeat is sounding among the global elites. The signs of a worldwide financial meltdown are unmistakable. This time, the elites have an audacious plan to protect themselves from the fallout: hoarding cash now and locking down the global financial system when a crisis hits. Since 2014, international monetary agencies have been issuing warnings to a small group of finance ministers, banks, and private equity funds: the U.S. government's cowardly choices not to prosecute J.P. Morgan and its ilk, and to bloat the economy with a $4 trillion injection of easy credit, are driving us headlong toward a cliff. As Rickards shows in this frightening, meticulously researched book, governments around the world have no compunction about conspiring against their citizens. They will have stockpiled hard assets when stock exchanges are closed, ATMs shut down, money market funds frozen, asset managers instructed not to sell securities, negative interest rates imposed, and cash withdrawals denied. If you want to plan for the risks ahead, you will need Rickards's cutting-edge synthesis of behavioral economics, history, and complexity theory. It's a guidebook to thinking smarter, acting faster, and living with the comforing knowledge that your wealth is secure. The global elites don't want this book to exist. Their plan to herd us like sheep to the slaughter when a global crisis erupts--and, of course, to maintain their wealth--works only if we remain complacent and unaware. Thanks to The Road to Ruin, we don't need to be"--

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Guilford Adult Non-Fiction
332 RICKARDS
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Old Saybrook/Acton Adult Non-Fiction
332.042 RICKARDS
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Language:
English
ISBN:
9781591848080, 1591848083

Notes

Description
"The bestselling author of The Death of Money and Currency Wars reveals the global elites' dark effort to hide a coming catastrophe from investors. A drumbeat is sounding among the global elites. The signs of a worldwide financial meltdown are unmistakable. This time, the elites have an audacious plan to protect themselves from the fallout: hoarding cash now and locking down the global financial system when a crisis hits. Since 2014, international monetary agencies have been issuing warnings to a small group of finance ministers, banks, and private equity funds: the U.S. government's cowardly choices not to prosecute J.P. Morgan and its ilk, and to bloat the economy with a $4 trillion injection of easy credit, are driving us headlong toward a cliff. As Rickards shows in this frightening, meticulously researched book, governments around the world have no compunction about conspiring against their citizens. They will have stockpiled hard assets when stock exchanges are closed, ATMs shut down, money market funds frozen, asset managers instructed not to sell securities, negative interest rates imposed, and cash withdrawals denied. If you want to plan for the risks ahead, you will need Rickards's cutting-edge synthesis of behavioral economics, history, and complexity theory. It's a guidebook to thinking smarter, acting faster, and living with the comforing knowledge that your wealth is secure. The global elites don't want this book to exist. Their plan to herd us like sheep to the slaughter when a global crisis erupts--and, of course, to maintain their wealth--works only if we remain complacent and unaware. Thanks to The Road to Ruin, we don't need to be"--,Provided by publisher.

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Citations

APA Citation (style guide)

Rickards, J. (2016). The road to ruin: the global elites' secret plan for the next financial crisis. New York City, Portfolio.

Chicago / Turabian - Author Date Citation (style guide)

Rickards, James. 2016. The Road to Ruin: The Global Elites' Secret Plan for the Next Financial Crisis. New York City, Portfolio.

Chicago / Turabian - Humanities Citation (style guide)

Rickards, James, The Road to Ruin: The Global Elites' Secret Plan for the Next Financial Crisis. New York City, Portfolio, 2016.

MLA Citation (style guide)

Rickards, James. The Road to Ruin: The Global Elites' Secret Plan for the Next Financial Crisis. New York City, Portfolio, 2016.

Note! Citation formats are based on standards as of July 2022. Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy.

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Grouped Work ID:
6035a6ed-5081-d1e0-9fc4-c539bcf4f7be
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Record Information

Last Sierra Extract TimeDec 20, 2024 05:54:30 AM
Last File Modification TimeDec 20, 2024 05:54:54 AM
Last Grouped Work Modification TimeDec 20, 2024 05:54:41 AM

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