Renowned economist Nouriel Roubini was nicknamed "Dr. Doom," until his prediction of the 2008 housing crisis and Great Recession came true--when it was too late. Now he is back with a much scarier prediction, one that we ignore at our peril. There are no fewer than ten overlapping, interconnected threats that are so serious, he calls them Megathreats. From the worst debt crisis the world has ever seen, to governments pumping out too much money, to...

"A practical guide to preparing for the next phase of the financial meltdownFrom the authors who were the first to predict Phase I of our current economic downturn-in their landmark 2006 book, America's Bubble Economy-comes their insightful sequel discussing their predictions for the next phase of the Bubble Economy.It may seem like the worst has come and gone, but it hasn't. With their proven track record of accurate predictions-which most financial...

Journalist Klein introduced the term "disaster capitalism." Whether covering Baghdad after the U.S. occupation, Sri Lanka after the tsunami, or New Orleans post-Katrina, she witnessed remarkably similar events: people still reeling were hit again, this time with economic "shock treatment," losing their land and homes to corporate makeovers. This book retells the story of Milton Friedman's free-market economic revolution. In contrast to the myth of...

Here anthropologist David Graeber presents a reversal of conventional wisdom. He shows that for more than 5,000 years, since the beginnings of the first agrarian empires, humans have used elaborate credit systems to buy and sell goods that is, long before the invention of coins or cash. It is in this era, Graeber argues, that we also first encounter a society divided into debtors and creditors. Graeber shows that arguments about debt and debt forgiveness...

"The eminent economic historian Harold James presents a new perspective on financial crises, dividing them into "good" crises, which ultimately expand markets and globalization, and "bad" crises, which result in a smaller, less prosperous world. Examining seven turning points in financial history--from the depression of the 1840s through the Great Depression of the 1930s to the Covid-19 crisis--James shows how crashes prompted by a lack of supply,...

A founder of the acclaimed quarterly The International Economy explains the economic problems behind the credit and mortgage issues of the past two years, identifying hidden connections between key events and the global economy.

The Panic of 1907. Black Tuesday (1929). Black Monday (1987). The Great Recession (2008). The Flash Crash (2010). Taken together they tell the story of a nation reaching enormous heights of financial power while experiencing precipitous dips that alter and reset a market where millions of Americans invest their savings, and on which they depend for their futures. Nations blends economic and cultural history to show how each of these major crashes...

"The author uses his perspectives and insights into financial events and crises in his lifetime as well as references drawn from Dr. R. Buckminster Fuller's 1983 work, Grunch of giants and Steven Brill's May 28, 2018 Time magazine article to illustrate what may be on the world's financial horizon and how individuals can better insulate their finances from these possible events."--Amazon.com. "Haz frente a lo falso con hechos. Dinero falso: En 1971,...

It is 2029. The Mandibles have been counting on a sizable fortune filtering down when their 97-year-old patriarch dies. Yet America's soaring national debt has grown so enormous that it can never be repaid. Under siege from an upstart international currency, the dollar is in meltdown. A bloodless world war will wipe out the savings of millions of American families. Their inheritance turned to ash, each family member must contend with disappointment,...