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.
