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Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy Audiobook, by James Rickards Play Audiobook Sample

Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy Audiobook

Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy Audiobook, by James Rickards Play Audiobook Sample
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Read By: James Rickards Publisher: Penguin Audio Listen Time: at 1.0x Speed 5.17 hours at 1.5x Speed 3.88 hours at 2.0x Speed Release Date: December 2022 Format: Unabridged Audiobook ISBN: 9780593631690

Quick Stats About this Audiobook

Total Audiobook Chapters:

13

Longest Chapter Length:

76:28 minutes

Shortest Chapter Length:

06 seconds

Average Chapter Length:

35:44 minutes

Audiobooks by this Author:

8

Other Audiobooks Written by James Rickards: > View All...

Publisher Description

From the man who predicted the worst economic crisis in US history comes Jim Rickards’ second prediction – the collapse of our global economy. The supply chain crisis is coming to a head. Today, your favorite products are missing from store shelves, caught in supply chain limbo somewhere in the Pacific Ocean. But what does this supply chain disruption look like six months, or even three years, from now? While we hope that post-pandemic recovery will absolve these issues, the reality is that digital currency, meme stonks, and social media can’t solve the age-old problem of producing and moving physical goods across oceans and continents. According to Jim Rickards, consumer frustration is only the tip of a very large, menacing iceberg that threatens global economic collapse. In Sold Out, Rickards shares his predictions for our post-pandemic future and outlines how consumers and business owners can get ahead of the collapse. You’ll learn how energy shortages in China – fueled by the trade war with Australia – are disrupting the steel market and forcing entire factories to shut down. You’ll also learn how rising inflation will ultimately lead to deflation in a few short years – as consumer spending eventually tanks due to higher taxes, excessive debt, and increased layoffs – and why such economic conditions will closely resemble the 1930s. Finally, Rickards will look at the future of money, including the erasure of the American dollar itself. 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.

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About James Rickards

James Rickards is a counselor, investment banker, and risk manager with over thirty years of experience in capital markets. He advises the Department of Defense, the US intelligence community, and major hedge funds on global finance. A frequent guest on CNBC, CNN, Fox, C-SPAN, Bloomberg TV, and NPR, Rickards also lectures at Northwestern University and at the School of Advanced International Studies.