Editor’s note: Occasionally, we come across ideas that we simply have to forward to you. This one comes courtesy of our friends at Fat Tail Media. |
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Dear Reader, Tomorrow we release an exclusive Australian edition of Jim Rickards’ The New Great Depression: Winners and Losers in a Post-Pandemic World. Its main message is in the title. And it is not, I’m afraid, an optimistic one: The economic fallout of this pandemic will be worse than the Great Depression. I thought the title of the book sounded hyperbolic when I first found out about it last year. Then I read the first proof… And I couldn’t come to any other conclusion myself, after I’d digested the information and Jim’s arguments. Jim looks at the coming years from both a financial and medical viewpoint. That’s one of the things that makes the book so unique. Dr Randy Tobler points out: ‘From a medical and scientific standpoint, which is my expertise, it’s spot on analysis of not only the virus but its economic impact, its sociological impact, and a way forward.’ Jim recently recounted a story on Tobler’s radio show. About how when he initially laid out his plan for the book to his US publishers, they told him to steer clear of the medical side of things. And stick to his wheelhouse — the financial world and investment strategies. Says Jim: ‘I said, “Look, that’s impossible. It’s like asking me to write about property damage in New Orleans in 2005, and not mention Hurricane Katrina!” ‘You can’t understand the economy without understanding the pandemic.’ The New Great Depression: Winners and Losers in a Post-Pandemic World has shocking revelations about the origins of the virus. It unravels the coming consequences of ‘lockdown world’ (Jim calls lockdowns ‘the bridge between the virus and the economy’). And then Jim gets to strategy. Ways to inoculate your investment portfolio for the Long COVID Decade to come. Smart ways to structure your wealth for inflation and deflation…plus any other curveballs the post-pandemic world might throw at you. And — to top it off…it comes supplemented with a compendium of Australia-specific forecasts, strategies, warnings and investment moves. This is something you won’t find on Amazon or anywhere else. I’ll direct you on how you can access an exclusive copy tomorrow. Keep an eye out for the email. Regards, James Woodburn, Group Publisher |