The book explores the potential threats posed by artificial intelligence to global economic markets and security. It offers a critical analysis of how advancements in AI technology could disrupt financial systems, influence geopolitical stability, and create unforeseen challenges. The author, known for previous bestselling works, combines insightful predictions with a thorough examination of the implications of AI on the economy, making it a crucial read for those interested in the future of technology and its impact on society.
"Our global economy faces unprecedented challenges in the next few months. But whether we sink or swim depends on how prepared we are - and what we do now to thwart the coming collapse"-- Provided by publisher
Die aktuelle Krise ist nicht wie die Finanzkrise 2008 oder die Weltwirtschaftskrise 1929. Die neue Depression, die aus der COVID-Pandemie entstanden ist, ist die schlimmste Krise in der Geschichte der Weltwirtschaft. Die Welt erleidet zurzeit die größte Pandemie seit 1918 und den größten wirtschaftlichen Kollaps seit 1929 – und das zur gleichen Zeit! Deflation, Verschuldung und Demografie werden jede Chance auf eine Erholung zunichtemachen, soziale Unruhen drohen. Das noch andauernde Kursfeuerwerk an den Börsen ist eine Illusion. Das Schlimmste steht noch bevor. Bestsellerautor James Rickards blickt erneut hinter die Kulissen, um die wahren Risiken für unser Finanzsystem zu enthüllen und aufzuzeigen, was kluge Anleger tun können, um diese Zeit der unvergleichlichen Turbulenzen zu überleben – und sogar zu gedeihen. Pflichtlektüre für alle Fans und für Investoren in aller Welt.
A Wall Street Journal and National Bestseller! 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 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. But for knowledgeable investors, all hope is not lost. In The New Great Depression, James Rickards, New York Times bestselling 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-read 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.
The past decade has shown that a significant financial crisis is imminent. While the American economy seems to have recovered from the 2008 recession, driven by tax cuts and investor optimism, history teaches us that stock market highs are unsustainable. Current conditions, including inflated asset prices, low interest rates, and the rise of index funds, mask underlying systemic risks such as market volatility, soaring debt, and political instability.
In this insightful analysis, financial expert James Rickards outlines the impending economic turmoil and highlights which asset classes are most vulnerable. He advises against high-valuation tech and media stocks like Facebook, Netflix, and Amazon, and warns investors to avoid digital currencies such as Bitcoin and Ethereum. Rickards argues that passively managed index funds hinder market corrections, creating opportunities for active investors. He emphasizes that cash will remain essential when asset values plummet by 50% or more during a financial panic. Additionally, he critiques behavioral economists who influence 401(k) plans, leading investors to overexpose themselves in equity markets.
With a no-nonsense approach reminiscent of his previous works, Rickards exposes the key players and capital flows shaping the global economy.
In his most practical book to date, financial expert and investment advisor James Rickards shows how and why our financial markets are being artificially inflated and what smart investors can do to protect their assets. What goes up must come down. As any student of financial history knows, the dizzying heights of the stock market can't continue indefinitely. In turbulent times, the elites are prepared but what should the average investor do? James Rickards lays out the true risks to our financial system and offers invaluable advice on how best to weather the storm.
The book offers a critical analysis of currency wars, drawing parallels between their historical significance in the 1970s and contemporary issues during the Trump era. It explores the implications of these economic conflicts and how they pose similar dangers today. This fifth anniversary edition provides updated insights, making it a relevant read for those interested in the evolving landscape of global finance and economic policy.
Die sieben Geheimnisse des Vermögenserhalts im kommenden Chaos
Wenn uns die Geschichte der Finanzmärkte eines gelehrt hat, dann sicherlich, dass sämtliche Höhenflüge meist ein abruptes Ende finden. Heutzutage, wo Aktienkurse nahezu keine Grenzen kennen und die Märkte mit billigem Geld überschwemmt werden, stellt sich unweigerlich die Frage, wann es zum Kollaps kommt. Fraglich ist auch, ob uns die Zentralbanken dann noch retten können, sind doch schon alle ihre Pfeile verschossen. Eher heizen die ruinös niedrigen Zinssätze und künstlich aufgeblähten Finanzmärkte einen alles andere als nachhaltigen Boom an, der schneller zu Ende gehen könnte, als so manchem lieb ist. Und man darf sich sicher sein: Die Eliten sind vorbereitet. Aber was können Sie als Investor tun? James Rickards, einer der renommiertesten Finanzexperten, enthüllt in diesem Buch die wahren Risiken für unser Finanzsystem. Aber er wagt auch einen Blick auf die Zeit nach der Krise und teilt seine Investmentgeheimnisse für das Überstehen des drohenden Kollapses, damit auch Sie als Privatanleger den Sturm überstehen können. Denn diejenigen, die Bescheid wissen, können sich jetzt darauf vorbereiten, ihr Vermögen zu erhalten.
