So, basically our economic, WORLDWIDE, system is going down. There will be a LOT of chaos, and even bloodshed, and yes probably here in the U.S. too. Your money may be confiscated, but certainly ICE-9'd or frozen without warning! Things will evolve like an earthquake of dominoes and once ut starts this time cannot be stopped. We have come very close several times already to a complete collapse. This next time, it. wiil. be. lethal. and complete. My favorite way to study history is from an economic point of view, so Jim's books are perfect. His deep knowledge of statistics, economics, physics and chaos theory, along with his experience in the private finance sector, as well as advising major political figures or the CIA is astounding. The way he disseminates his knowledge, shares life experiences, and analyzes the economic make this book educational, captivating and simply entertaining. There was never a dull moment, and I'm continuously amazed by how much Jim has and continues to achieve throughout his life. Availability: 3-5 days - that means the item has been sent to us from our supplier in Poland and we will ship it within 3-5 working days

Droga do ruiny. Tajny plan globalnego kryzysu.. - Goodreads

The term "Ice Nine" comes from science fiction here it seemed overused. Sometimes applied to guaranteed instruments, and sometimes to equities. Generally reflecting market contagion, peppered with conspiracy theory. Bank failures in Iceland and Cyprus were portrayed as terrible injustices perpetrated by governments. There may be a case to be made, but the government didn't take the money. There were several cases like this where the drama seemed to be overdone. With the amount of debt that is likely to go sour in the future, I felt the hyperbole did the case a disservice because I expect the truth of future write-downs to be very painful. has some controversial position on classical economics, seems persuasive for a few moments but at times his arguments felt fishy and slippery, unlike some of the classical ones he was opposing. A financial crisis is certainly coming. In “The Road to Ruin,” I use 2018 as a target date and device because the two prior systemic crises, 1998 and 2008, were 10 years apart. I extended the timeline 10 years into the future from the 2008 crisis to maintain the 10-year tempo, and this is how I arrived at 2018. Yet I make the point in the book that the exact date is unimportant. What is most important is that the crisis is coming and the time to prepare is now. It could happen in 2018, 2019, or it could happen tomorrow. The conditions for collapse are all in place."

In the world economical and financial system, there is always a rise and fall. And the fall is always the hardest.

Droga do Ruiny - Niska cena na Allegro.pl

There is an increasing desire from the elites to control society and the economy; think central bankers, G7 coordinated approaches etc. Encontré esencial su explicación de Bayes y las teorías de la complejidad para pronosticar la crisis financiera, SDR como el nuevo dinero del FMI, que puede reemplazar a todas las monedas después del colapso. I'll probably forget most of the details, but the book really added to my grand understanding of how the economy functions. 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. The forth part is about the evolution of capitalism to ultimate socialism, and the state having too much power and ultimately turning to fascism.The third part is about the problem of free trade which has decimated the American middle class. He suggests that tariffs of 30% be slapped on all imports, all corporate tax scrapped, and minimum wage be raised. He argues that this will benefit America, and will stop mercantilist countries from profiting from their currency war. I found essential his explanation of Bayes and complexity theories to forecast financial crisis, SDR as the new IMF money, which may replace all currencies after collapse. There are a lot of technical, economic, financial terms that are a little confusing, but really he is just saying that there is basically nothing new under the sun, only known by different names. Just variations of intensity, breadth, and depth. Of which this will be monumental because of the complexity theory to which he has put a mathematical formula, and nothing like the world has ever experienced. That to every thing there is a season. Which is to say, everything is cyclical. It is borne of necessity, grows, expands, then outlives its purpose or usefulness, or self-implodes, and dies, only to be reborn again in a same but different way. Hopefully better. But it's going to take a loooong time for that to cycle through to the rebirth part. The "ice 9 doctrine" is worth understanding. If he's right, you'll need to hedge yourself to not become a casualty. He kind of puts himself in the same boat as you/us way down on the 'rich pole', but then also tells you how he interacts with his rich friends or powerful leaders. I'm not begrudging him that. It's just kind of comical and a little awkward when he throws in where they are dining and on what, as if he is just a regular, social guy in the midst of this very serious situation.