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The Road to Ruin
- The Global Elites' Secret Plan for the Next Financial Crisis
- Narrated by: James Rickards
- Length: 10 hrs and 47 mins
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Publisher's summary
Penguin presents the unabridged downloadable audiobook of The Road to Ruin, written and read by James Rickards.
The best-selling author of The Death of Money on how investors can prepare for the next financial panic - and why it's coming sooner than you think.
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.
In The Road to Ruin, best-selling 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.
When the next one comes, it will be the average investor who suffers most - unless he or she heeds Rickards' warning and prepares accordingly.
James Rickards is the best-selling author of Currency Wars and The Death of Money. He is a portfolio manager at West Shore Group and an adviser on international economics and financial threats to the Department of Defence and the US intelligence community. He served as facilitator of the first-ever financial war games conducted by the Pentagon.
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What listeners say about The Road to Ruin
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Ofer R.
- 10-15-19
Interestingly no reference to Bitcoin
Loved the audible. Highly recommended for those who want to hear a point of view not commonly voiced in mainstream media, and rethink at least some of their financial decisions.
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- ENI STEPHEN
- 05-09-18
An impressive masterclass in global finance
James Rickards boldly puts answers to various troubling macro economic questions in our time. The sustainability of the endless expansion fueled by money printing, leverage and its atendant moral hazard is put to the test perhaps better than most other writers in similar series. Highly recommended read if finance brings to you more questions than answers
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1 person found this helpful
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- M. Russell
- 01-05-17
Almost (but not quite) beyond belief
If you could sum up The Road to Ruin in three words, what would they be?
Tomorrow's world Today
What other book might you compare The Road to Ruin to and why?
On the Beach - Neville Shute
What about James Rickards’s performance did you like?
Quietly lucid and easy to listen to
Was there a moment in the book that particularly moved you?
Well researched and support insights on every page from someone deep inside the world of money and currency (you'll soon discover the difference) I constantly had to remind myself that Ian Fleming's James Bond could not have done a better job - main;t because that was fiction. If you want the history of the banking system it's here
Any additional comments?
Fascinating.
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