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International - Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy

Description

Book Synopsis: 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.

Details

Are you ready for the global economic collapse? Jim Rickards, the man who predicted the worst economic crisis in US history, is back with another groundbreaking prediction in his book Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy. The supply chain crisis that we are currently facing is just the tip of the iceberg, and Rickards reveals how it will escalate in the coming years.

In Sold Out, Rickards highlights the profound impact of the supply chain disruption on our daily lives. As we witness the disappearance of our favorite products from store shelves, we are left wondering when this crisis will end. Unfortunately, the reality is that relying on digital currencies, meme stonks, and social media won't solve the fundamental problem of producing and transporting physical goods across the globe.

Rickards takes an in-depth look at the future consequences of the supply chain crisis, as energy shortages caused by the trade war between China and Australia disrupt the steel market, leading to the shutdown of entire factories. Moreover, he presents a bleak outlook on rising inflation, which will eventually result in deflation due to higher taxes, excessive debt, and increased layoffs. These economic conditions are predicted to resemble the catastrophic events of the 1930s.

In Sold Out, Rickards doesn't just focus on the problems at hand; he also provides actionable solutions to help consumers and business owners navigate the impending collapse. By understanding the root causes and anticipating the consequences, you can proactively prepare for the challenges ahead. Moreover, he delves into the future of money and examines the potential erasure of the American dollar itself.

The global economy is teetering on the edge, and the next few months will be critical. Whether we sink or swim depends on how well-informed and prepared we are. Sold Out is your guide to understanding the imminent collapse and taking the necessary steps to protect yourself and your assets. Don't wait until it's too late – take action now. Click here to get your copy of Sold Out and secure your financial future.

Disclosure: I get commissions for purchases made through links in this website