The Road to Ruin by James Rickards
The Global Elites' Secret Plan for the Next Financial Crisis

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Among its components are bonds and land, of course, but also, not surprisingly, “physical gold and silver…(coins and bars, no numismatics)” and, more surprisingly, museum-quality fine art. There’s much for the alarmist here but food for thought for the calm investor, too.
-Kirkus

Synopsis

The bestselling author of The Death of Money and Currency Wars reveals the global elites' dark effort to hide a coming catastrophe from investors.
 
A drumbeat is sounding among the global elites. The signs of a worldwide financial meltdown are unmistakable. This time, the elites have an audacious plan to protect themselves from the fallout: hoarding cash now and locking down the global financial system when a crisis hits.
 
Since 2014, international monetary agencies have been issuing warnings to a small group of finance ministers, banks, and private equity funds: the U.S. government’s cowardly choices not to prosecute J.P. Morgan and its ilk, and to bloat the economy with a $4 trillion injection of easy credit, are driving us headlong toward a cliff.
 
As Rickards shows in this frightening, meticulously researched book, governments around the world have no compunction about conspiring against their citizens. They will have stockpiled hard assets when stock exchanges are closed, ATMs shut down, money market funds frozen, asset managers instructed not to sell securities, negative interest rates imposed, and cash withdrawals denied.
 
If you want to plan for the risks ahead, you will need Rickards’s cutting-edge synthesis of behavioral economics, history, and complexity theory. It’s a guidebook to thinking smarter, acting faster, and living with the comfort­ing knowledge that your wealth is secure.
 
The global elites don’t want this book to exist. Their plan to herd us like sheep to the slaughter when a global crisis erupts—and, of course, to maintain their wealth—works only if we remain complacent and unaware. Thanks to The Road to Ruin, we don’t need to be.
 

About James Rickards

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JAMES RICKARDS is a seasoned counselor, investment banker, and risk manager. He advises the Department of Defense, the CIA, and the director of national intelligence on global finance. A frequent guest on CNN, Fox, C-SPAN, CNBC, Bloomberg TV, and NPR, Rickards also lectures at Northwestern University and the School of Advanced International Studies.
 
Published November 15, 2016 by Portfolio. 348 pages
Genres: Business & Economics, Political & Social Sciences. Non-fiction
Bestseller Status:
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Peak Rank on Dec 04 2016
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Weeks as Bestseller
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Kirkus

Above average
on Oct 05 2016

Among its components are bonds and land, of course, but also, not surprisingly, “physical gold and silver…(coins and bars, no numismatics)” and, more surprisingly, museum-quality fine art. There’s much for the alarmist here but food for thought for the calm investor, too.

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