The Road to Ruin: The Global Elites' Secret Plan for the Next Financial Crisis by James Rickards

The Road to Ruin: The Global Elites' Secret Plan for the Next Financial Crisis

James Rickards
304 pages
Portfolio Penguin
Nov 2016
Business & Investing WSBN
2
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<b>The bestselling author of <i>The Death of Money </i>on how investors can prepare for the next financial panic - and why it's coming sooner than you think.</b><br> <br>The global economy has made what seems like an incredible comeback after the financial crisis of 2008. Yet this comeback is artificial. Central banks have propped up markets by keeping interest rates low and the supply of money free-flowing. They won't bail us out again next time. And there will be a next time--soon.<br> <br>In <i>The Road to Ruin</i>, <i>New York Times </i>bestselling author James Rickards identifies how governments around the world are secretly preparing an alternative strategy for the next big crisis: a lockdown. Instead of printing money to reliquify markets and prop up assets, governments are preparing to close banks, shut down exchanges and order powerful asset managers not to sell. They're putting provisions in place that will allow them to do so legally. What's more, the global elite has already started making their own preparations, including hoarding cash and hard assets.<br> <br>When the next one comes, it will be the average investor who suffers most--unless he or she heeds Rickards' warning and prepares accordingly.
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About this book
Pages 304
Publisher Portfolio Penguin
Published 2016
Readers 2