In his new book The New Great Depression, James pulls back the curtain to reveal the true risks to our financial system and what savvy investors can do to survive or even prosper during a time of unrivalled 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.
In this interviews Jim discusses what is the difference between a recession and a depression.
The recession is over but the depression has only just begun.
There is growth but it is below trend and the debt is growing exponentially what does that mean and what comes next?
- Source, Gold and Alternative Investments