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Aftermath book jim rickards12/9/2023 A strength of Rickards's work is that is largely non-political. Aftermath outlines that this crisis could emerge from a variety of factors, the most likely is an emerging markets crisis, which would most likely come from one of the BRICS. The Road to Ruin outlines that the world is woefully unprepared for another Financial Crisis, but does not elaborate on how such a crisis could occur. However, what distinguishes this entry is several sections wherein Rickards outlines both inflation and deflation defeating investment tips. On the heels of the excellent Road to Ruin, Rickards elaborates on many of the themes outlined in the 3 previous entries, Currency Wars, The Death of Money and The Road to Ruin. But, moreover, because you are.Ī fitting conclusion to a remarkable quartet Not simply because Aftermath is a worthwhile investment. Or you may live (if you're lucky) to regret it. But you'd do well to open yourself to his wisdom. Aftermath is a great listen, even if you're sceptical of his world view, or not grounded in economics. He supports it with empirical, wonderfully robust, personalised information and anecdote. Making complex and sophisticated ideas available to even this most ardent of Luddites. Rickards' lucid, technical, yet grounded, explanation reminds me of the great teachers of spirituality or science. He explains why the road ahead will be bumpy, and provides insight as to how best position ourselves to navigate it. That is, between a rock and a hard place. He brings us from the early the monetary policy of the early Republic through Regan, Poppy Bush, Clinton, GW, Barry to Trump, showing how each administration compounded problems of the former, to the point where the US (and therefore the global) economy is now, effectively, bankrupt. He looks at the performance of US administrations (yes, its about the US economy, stupid!) in managing (or not!) spending, deficits, trade balances and international currency markets. Aftermath tracks the failure of modern global economics, from the early days of gold as money, through Bretton Woods to the abandonment of the gold standard. Hungry for his balanced, incisive and fascinating assessment. At first in the context of happening upon him, as he guested on alternative YouTube investment channels. Who'd have thought that a narration on the collapse of rhe curre t economic system, and society as we know it, could be delivered in such a disarming and charismatic way? If it wasn't such a serious subject, I swear it would almost be fun.!? I have followed Rickards for a while now. And he has a manner that makes those ideas accessible and entertaining. Rickards is imbued with a fathomless understand of the technical fundamentals of a complexities of market systems. When Wall street and the City need answers and insight of how to navigate the future market, it's original thinkers liked Rickards that they turn to. Not in the Wall Street or City of London mould. Not in the overweight, bloated, pin-stripe sense of the term. Jim Rickards is a heavyweight in strategic investment.
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