he New Great Depression Winners and Losers in a Post-Pandemic World by James Rickards
This is a quite frightening book in which Rickards predicts a huge depression with unemployment, deflation, and bankruptcies. Helpfully, he provides guidance for investors in the last part of the book. He lists which investments are likely to rise, and why to put your money in them.
However, I found the most interesting part of the book was his description of the history of pandemics, which was filled with anecdotes from history and quotes from literature. It really brought home to me the horror of the first wave in cities like New York and what this even worse one must be like. Here, he explains why governments and experts have dealt with this virus in entirely the wrong way for the economy.
His discussion of economic theories and policies is a bit dry, although his evisceration of Modern Monetary Theory is set out simply and clearly. I tended to skim this part of the book. I will read his predictions for investments again, and study it.
I received this free ebook from NetGalley in return for an honest review.