Business & Economics

The Road to Ruin

The Global Elites' Secret Plan for the Next Financial Crisis

Author: James Rickards

Publisher: Penguin

ISBN: 0698198069

Category: Business & Economics

Page: 352

View: 4497

The bestselling author of The Death of Money and Currency Wars reveals the global elites' dark effort to hide a coming catastrophe from investors in The Road to Ruin, now a National Bestseller. 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.
Business & Economics

The Road to Ruin

The Global Elites' Secret Plan for the Next Financial Crisis

Author: James Rickards

Publisher: Penguin

ISBN: 1591848083

Category: Business & Economics

Page: 340

View: 4066

"A drumbeat is sounding among the global elites. The signs of a coming financial crisis, one exponentially bigger than the last, 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"--
Political Science

The Road to Ruin

The Global Elites' Secret Plan for the Next Financial Crisis

Author: James Rickards

Publisher: Penguin UK

ISBN: 0241972558

Category: Political Science

Page: 352

View: 9598

The New York Times bestseller that reveals 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, bestselling 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 bestselling 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.
Political Science

The Road to Ruin

how Tony Abbott and Peta Credlin destroyed their own government

Author: Niki Savva

Publisher: Scribe Publications

ISBN: 1925307549

Category: Political Science

Page: 384

View: 5712

WINNER OF THE 2017 AUSTRALIAN BOOK INDUSTRY AWARDS, GENERAL NON-FICTION BOOK OF THE YEAR WINNER OF THE 2016 MELBOURNE PRESS CLUB LIFETIME ACHIEVEMENT AWARD ‘There will be no wrecking, no undermining, and no sniping.’ –Tony Abbott, 15 September 2015 Abbott’s performances in the party-room debates on education and climate change had ranged between woeful and pathetic. He sounded desperate, he was inconsistent, and — his colleagues thought — slightly ridiculous. They knew he would never stop going after cheap headlines during soft interviews where he sucked up the oxygen, with revision and division as his calling cards. All they could hope was that people would soon grow tired of listening to him. Normal people might have, but the media grew more and more hysterical, as if a challenge were imminent. In the original edition of The Road to Ruin, prominent political commentator, author, and columnist for The Australian Niki Savva revealed the ruinous behaviour of former prime minister Tony Abbott and his chief of staff, Peta Credlin. Based on her unrivalled access to their colleagues, and devastating first-person accounts of what went on behind the scenes, Savva painted an unforgettable picture of a unique duo who wielded power ruthlessly but not well. That edition became a major bestseller, and went on to win an Australian book industry award for the best general non-fiction book of the year. Now Savva continues where she left off. This updated edition contains a new, 13,500-word final chapter, in which Savva reveals the inner state of the Turnbull government — and the behind-the-scenes jockeying of friends and foes alike. From Christopher Pyne’s career-stalling own goal, to Peter Dutton’s post-Turnbull leadership ambitions, to Tony Abbott’s ramped-up destabilisation campaign, it is, as usual, an unputdownable and impeccably sourced account. PRAISE FOR NIKI SAVVA ‘This is what you have to remember about Savva’s controversial book, The Road to Ruin: she was onto this story early and she ran with it in her weekly column … her account of the coup is both suspenseful and full of fascinating, granular detail.’ The Sydney Morning Herald ‘[W]ell researched and well written, with a sharp eye — albeit with an occasional, serrated edge. Savva has written a book in which it is easy to be immersed. The narrative unfolds in a convincing flow, sourced directly from the words of many of the players: the bruised and battered; the disillusioned and disaffected; and ultimately in the triumphant voices of the Coalition plotters … [A] compelling book that has established an indelible and influential benchmark for explaining the turbulent rise and tumultuous fall of the Abbott government.’ The Weekend Australian
Business & Economics

The Road from Ruin

How to Revive Capitalism and Put America Back on Top

Author: Matthew Bishop,Michael Green

Publisher: Crown Pub

ISBN: 0307464237

Category: Business & Economics

Page: 375

View: 3845

We Have a World-Class Mess . . . Now What? Amid the carnage of bankruptcies, soaring unemployment, and millions of families losing their homes during the financial crisis of 2007-2009 lay the bloody corpse of a set of ideas that had underpinned the economics of the previous thirty years. A system that had been delivering unprecedented prosperity on a global scale suddenly teetered on the verge of collapse. Capitalism was seemingly exposed as a house of cards. The blame game became a new national pastime as doomsayers predicted the end of America's leadership of the world economy. We're at a crossroads, and decisions about how to reshape a discredited capitalism will profoundly affect whether the coming years will be ones of depression, stagnation, or renewed prosperity. Instant analysis since the collapse of the financial system in the fall of 2008 has produced no end of ideas about what to do--ranging from those of free market ideologues (let the market do its work and damn the consequences) to extreme government interventionists determined to keep the animal spirits of capitalism penned up. But if there is anything worse than toxic financial assets it is toxic ideas. We need to reject the old orthodoxies and conventional wisdoms. Matthew Bishop and Michael Green take a step back and analyze what can be learned from financial crises of the past--from the Tulip Craze of the seventeenth century through the Great Depression of the 1930s, Japan's Great Deflation, and the Long-Term Capital debacle of the 1990s to the unprecedented interventions of the government during the past year--to set the agenda for a reformed twenty-first-century capitalism. The result is an enlightening perspective on what set us on the road to ruin, as well as road signs to guide us back to prosperity. --Why bubbles are the consequence of financial innovations that generate economic breakthroughs, but why it would be wrong to abandon these inventions of the financial engineers. The Road from Ruin explains how stifling innovation and risk-taking comes at a huge cost to future prosperity. --Why the economy needed a fiscal stimulus to recover from the crisis. Bishop and Green show how economic dogmatists of the Right, who opposed the stimulus, got it wrong, but warn that those on the Left who want the stimulus to run and run could usher in a new era of high inflation. --Why company bosses became too focused on short-term results and did not see the crisis coming. The Road from Ruin shows how we can get business leaders to put the interests of society ahead of their own pay-packets. --The danger of focusing on the financial symptoms of the crisis without tackling the underlying economic causes, such as the world operating on the dollar standard. Bishop and Green show why the role of the dollar as the world's reserve currency is not just a problem for the rest of the world but for the United States as well. --Why many of capitalism's champions--especially the advocates of the efficient market hypothesis--lost touch with reality. The Road from Ruin provides insights into new ideas in economics that recognize how the complexity and irrationality of the human beings who make up the economy can be harnessed to build a better capitalism. Remarkably, the issues we face today have presented themselves in one form or another over the past three centuries. Matthew Bishop and Michael Green skillfully draw both the lessons learned and prescriptions for reform to prevent another catastrophic meltdown and put America back on top. From the Hardcover edition.

On the Road to Ruin

Author: Christina Cornwell

Publisher: Austin MacAuley

ISBN: 9781788230872

Category:

Page: 180

View: 6812

This is the story of several girls in the sixties whose life was turned upside down by becoming pregnant out of wedlock. The hardships these girls endured and the heartaches of losing their babies. In a cruel world with little sympathy, used as unpaid servants. Virtual pariahs in society. The love for their tiny babies immeasureable and the tears when their child was taken away. The yearnings over the years, wondering where their child was.
Fiction

The Road to Ruin

Author: Donald E. Westlake

Publisher: Grand Central Publishing

ISBN: 0446507539

Category: Fiction

Page: 352

View: 6992

The con is on. the mark is Monroe Hall, a corrupt CEO who lavished more of his company's money on himself than the boys at Enron and WorldCom combined. The loot? A fleet of vintage automobiles that would leave the Sultan of Brunei blushing. The catch? Trying to outsmart a collection of angry union men who've been taken for a ride and blue-blooded suckers who've been taken for their family fortunes. But if Dortmunder and his merry band of crooks are to drive off with the loot, they'll have to act fast - before they get caught in a deadly crossfire.
Business & Economics

Dishonest Money

Financing the Road to Ruin

Author: Joseph Plummer

Publisher: Booksurge Publishing

ISBN: 9781439214114

Category: Business & Economics

Page: 184

View: 1795

What is the Federal Reserve System, who created it, and why should you care?
Business & Economics

Currency Wars

The Making of the Next Global Crisis

Author: James Rickards

Publisher: Penguin

ISBN: 1591845564

Category: Business & Economics

Page: 296

View: 5674

Currency wars are one of the most destructive and feared outcomes in international economics. At best, they offer the sorry spectacle of countries stealing growth from their trading partners. At worst, they degenerate into sequential bouts of inflation, recession, retaliation and sometimes actual violence. Left unchecked the next currency war could lead to a crisis worse than the panic of 2008.The next crash is overdue. Recent headlines about the Eurozone crisis, the bailouts for Greece, riots caused by austerity measures as well as the debasement of the dollar.
Law

Road to Ruin

An Introduction to Sprawl and how to Cure it

Author: Dom Nozzi

Publisher: Greenwood Publishing Group

ISBN: 9780275981297

Category: Law

Page: 177

View: 4690

Nozzi delivers an easy-to-follow introduction sprawl's causes and offers common-sense solutions available to communities.
Business & Economics

The Death of Money

The Coming Collapse of the International Monetary System

Author: James Rickards

Publisher: Penguin

ISBN: 1591847710

Category: Business & Economics

Page: 384

View: 7311

"This paperback edition with a new preface published 2017"--Title page verso.
Performing Arts

The Road to Romance and Ruin

Teen Films and Youth Culture

Author: Jon Lewis

Publisher: Routledge

ISBN: 1317928784

Category: Performing Arts

Page: 192

View: 2733

This book analyses the teen film as the rare medium able to represent the otherwise chaotic and conflicting experience of youth. The author focuses on six major issues: alienation, deviance and delinquency, sex and gender, the politics of consumption, the apolitics of youth(ful) rebellion, and regression into nostalgia. Despite the many differences within the genre, this book sees all teen films as focused on a single social concern: the breakdown of traditional forms of authority – school, church, family. Working with the theories of such diverse scholars as Kenneth Keniston, Bruno Bettelheim, Erik Erikson, Theodor Adorno, Simon Frith, and Dick Hebdige, the author draws an innovative and flexible model of a cultural history of youth. Originally published in 1992.
Business & Economics

The New Case for Gold

Author: James Rickards

Publisher: Penguin

ISBN: 1101980788

Category: Business & Economics

Page: 192

View: 4828

**USA Today bestseller and Wall Street Journal business bestseller** They say John Maynard Keynes called gold a "barbarous relic." They say there isn’t enough gold to support finance and commerce. They say the gold supply can’t increase fast enough to support world growth. They’re wrong. In this bold manifesto, bestselling author and eco­nomic commentator James Rickards steps forward to defend gold—as both an irreplaceable store of wealth and a standard for currency. Global political instability and market volatility are on the rise. Gold, always a prudent asset to own, has become the single most important wealth preserva­tion tool for banks and individuals alike. Rickards draws on historical case studies, monetary theory, and personal experience as an investor to argue that: • The next financial collapse will be exponentially bigger than the panic of 2008. • The time will come, sooner rather than later, when there will be panic buying and only central banks, hedge funds, and other big players will be able to buy any gold at all. • It’s not too late to prepare ourselves as a nation: there’s always enough gold for a gold standard if we specify a stable, nondeflationary price. Providing clear instructions on how much gold to buy and where to store it, the short, provocative argu­ment in this book will change the way you look at this “barbarous relic” forever. From the Hardcover edition.
Biography & Autobiography

The Road to Ruins

Author: Ian Graham

Publisher: UNM Press

ISBN: 0826347568

Category: Biography & Autobiography

Page: 544

View: 2983

For anyone who ever wanted to be an archaeologist, Ian Graham could be a hero. This lively memoir chronicles Graham's career as the "last explorer" and a fierce advocate for the protection and preservation of Maya sites and monuments across Mexico, Guatemala, and Belize. It is also full of adventure and high society, for the self-deprecating Graham traveled to remote lands such as Afghanistan in wonderful company. He tells entertaining stories about his encounters with a host of notables beginning with Rudyard Kipling, a family friend from Graham's childhood.Born in 1923 into an aristocratic family descended from Oliver Cromwell, Ian Graham was educated at Winchester, Cambridge, and Trinity College, Dublin. His career in Mesoamerican archaeology can be said to have begun in 1959 when he turned south in his Rolls Royce and began traveling through the Maya lowlands photographing ruins. He has worked as an artist, cartographer, and photographer, and has mapped and documented inscriptions at hundreds of Maya sites, persevering under rugged field conditions. Graham is best known as the founding director of the Corpus of Maya Hieroglyphic Inscriptions Program at the Peabody Museum of Archaeology and Ethnology, Harvard University. He was awarded a MacArthur Foundation "genius grant" in 1981, and he remained the Maya Corpus program director until his retirement in 2004. Graham's careful recordings of Maya inscriptions are often credited with making the deciphering of Maya hieroglyphics possible. But it is the romance of his work and the graceful conversational style of his writing that make this autobiography must reading not just for Mayanists but for anyone with a taste for the adventure of archaeology.
Business & Economics

Rich Dad's Advisors: Guide to Investing In Gold and Silver

Everything You Need to Know to Profit from Precious Metals Now

Author: Michael Maloney

Publisher: Business Plus

ISBN: 0446544647

Category: Business & Economics

Page: 240

View: 9756

"Throughout the ages, many things have been used as currency: livestock, grains, spices, shells, beads, and now paper. But only two things have ever been money: gold and silver. When paper money becomes too abundant, and thus loses its value, man always turns back to precious metals. During these times there is always an enormous wealth transfer, and it is within your power to transfer that wealth away from you or toward you." --Michael Maloney, precious metals investment expert and historian; founder and principal, Gold & Silver, Inc. The Advanced Guide to Investing Gold and Silver tells readers: The essential history of economic cycles that make gold and silver the ultimate monetary standard. How the U.S. government is driving inflation by diluting our money supply and weakening our purchasing power Why precious metals are one of the most profitable, easiest, and safest investments you can make Where, when, and how to invest your money and realize maximum returns, no matter what the economy's state Essential advice on avoiding the middleman and taking control of your financial destiny by making your investments directly.
Business & Economics

The Road from Ruin

A New Capitalism for a Big Society

Author: Matthew Bishop,Michael Green

Publisher: Bloomsbury Publishing

ISBN: 140816485X

Category: Business & Economics

Page: 336

View: 405

In September 2008 the Lehman Brothers bankruptcy ignited panic throughout the financial system, sparking a chain reaction that led to the worst global economic crisis since the Great Depression. Amid the carnage of bankruptcies, soaring unemployment, and millions of families losing their homes, lay the bloody corpse of a set of ideas that had underpinned the economics of the previous 30 years. Capitalism based on markets, especially financial markets, was believed to be delivering unprecedented prosperity, creating a general increase in wealth, including among the poorest people on the planet. But that system is dead. So what to do now? Scrap the system? In this revised UK edition of The Road from Ruin, Matthew Bishop and Michael Green have examined each financial crisis since the Great Depression, including the 1970s oil shock; Black Monday, the 1987 stock market crash; Japan's great deflation; the Asian financial crisis; and the collapse of long term capital management. They draw out the right and wrong lessons learned and explain how they can be used as the basis for meaningful reform that will enable capitalism to keep its ability to create wealth but on a more even and responsible keel.
Comics & Graphic Novels

Silk Road to Ruin

Why Central Asia Is the Next Middle East

Author: Ted Rall

Publisher: Nbm Publishing Company

ISBN: 9781561638857

Category: Comics & Graphic Novels

Page: 319

View: 1769

Part graphic novel travelogue, part tongue-in-cheek travel guide, this is the adventures of caustic cartoonist Rall in the wild and woolly central Asian countries, a powder keg sitting on tomorrow's oil. Rall combines articles with comics chapters relating his experiences retracing the old legendary Silk Road, starting with the sublime history of China and ending in the absurdity of the petty dictatorships of the 'The 'Stans'. It's exotic adventure, satire and a fun way to find out more about a part of the world that looms in importance.
Business & Economics

The Road to Serfdom

Author: Friedrich August Hayek

Publisher: Psychology Press

ISBN: 9780415253895

Category: Business & Economics

Page: 256

View: 8838

Hayek argues convincingly that, while socialist ideals may be tempting, they cannot be accomplished except by means that few would approve of.
Fiction

Ruin

Author: John Gwynne

Publisher: Orbit

ISBN: 0316386308

Category: Fiction

Page: 800

View: 8678

The Banished Lands are engulfed in war and chaos. The cunning Queen Rhin has conquered the west and High King Nathair has the cauldron, most powerful of the seven treasures. At his back stands the scheming Calidus and a warband of the Kadoshim, dread demons of the Otherworld. They plan to bring Asroth and his host of the Fallen into the world of flesh, but to do so they need the seven treasures. Nathair has been deceived but now he knows the truth. He has choices to make, choices that will determine the fate of the Banished Lands. Elsewhere the flame of resistance is growing - Queen Edana finds allies in the swamps of Ardan. Maquin is loose in Tenebral, hunted by Lykos and his corsairs. Here he will witness the birth of a rebellion in Nathair's own realm. Corban has been swept along by the tide of war. He has suffered, lost loved ones, sought only safety from the darkness. But he will run no more. He has seen the face of evil and he has set his will to fight it. The question is, how? With a disparate band gathered about him - his family, friends, giants, fanatical warriors, an angel and a talking crow he begins the journey to Drassil, the fabled fortress hidden deep in the heart of Forn Forest. For in Drassil lies the spear of Skald, one of the seven treasures, and here it is prophesied that the Bright Star will stand against the Black Sun.
Currency question

The Case for Gold, Second Edition

Author: Ron Paul

Publisher: Ludwig von Mises Institute

ISBN: 1610165055

Category: Currency question

Page: 227

View: 3315

This is the LvMI 2nd Edition! Pocket sized 5" x 7" and with a new foreword by Llewellyn H. Rockwell, Jr. Here is the revolutionary book on monetary reform - brilliant, compelling, clear, with specific reforms to do now - in an edition for global distribution. See the price. And the format is really a pocket edition edition: extremely small format that is super convenient. This edition is specifically designed to be purchased in large quantities. Had the U.S. followed the recommendations of this wonderful report when it came out in 1982, there would have been no housing bubble, no gigantic government debt, no depression, no economic upheaval, no high unemployment, and no international turmoil. This was a window of opportunity for reform. This is proof that Ron was right. In 1982, Ron Paul served on the U.S. Gold Commission to evaluate the role of gold in the monetary system. In fact, the Commission was his idea. It was carrying forth a promise made in the Republican platform. Back then, Republicans at least made noises about favoring a gold standard based on a gold dollar. Ron couldn't pick the members, so from the beginning, the deck was stacked. The majority was dominated by monetarists, who saw gold as too scarce and paper as just fine. Ron Paul's team was ready, however, with this marvelous minority report. Rarely has a dissent on a government commission done so much good! The result was The Case for Gold, and it was the greatest result of the commission. It covers the history of gold in the United States, explains that its breakdown was caused by governments, and explains the merit of having sound money: prices reflect market realities, government stays in check, and the people retain their freedom. The recommendations include re-establishing a gold standard and a gold dollar in addition to permitting monetary competition and the private production of moneys. The scholarship and rigor impressed even the critics of the minority. Ron and Lewis Lehrman worked with a team of economists that included Murray Rothbard, so it is hardly surprising that such a book would result. It still holds up as an excellent blueprint for moving beyond paper money and into the age of sound money. In particular, Ron favors complete monetary freedom to use any commodity as money, to make contracts in any money, and an end to the monopolization and printing power of the Federal Reserve. There is a strong piece of history in this book. Not since the 19th century has a political figure made such a sweeping and devastating case for radical monetary reform. This congressman ran circles around even the experts at the Fed. A dazzling performance indeed, and an inspiring and learned book. This remains the best possible case for a gold dollar and monetary freedom in print in our times. The pocket edition is the ideal format to give this book the attention and influence it deserves.