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Capital Wars: The Rise of Global Liquidity

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Capital Wars: The Rise of Global Liquidity

by Michael J. Howell

4.2 out of 5

Language	:	English
File size	:	29292 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	388 pages

In Capital Wars: The Rise of Global Liquidity, author James Rickards argues that the global financial system is on the verge of collapse. He warns that the massive increase in global liquidity since the 2008 financial crisis has created a bubble that is unsustainable and that will eventually burst.

Rickards traces the history of global liquidity back to the early days of the global financial system. He shows how the creation of the euro in 1999 and the adoption of quantitative easing by central banks after the 2008 financial crisis led to a dramatic increase in the supply of global liquidity.

Rickards argues that this increase in global liquidity has had a number of negative consequences. It has led to asset bubbles in stocks, bonds, and real estate. It has also contributed to the rise of populism and nationalism around the world.

Rickards warns that the global financial system is now on the verge of collapse. He believes that the bursting of the global liquidity bubble will lead to a global financial crisis that will be worse than the 2008 financial crisis. He also believes that this crisis will lead to a global economic depression.

Rickards' book is a timely warning about the dangers of global liquidity. He provides a comprehensive overview of the history and evolution of global liquidity, and he explains how this liquidity has shaped the global economy and financial markets. He also provides a number of recommendations for how to prepare for the coming financial crisis.

Capital Wars: The Rise of Global Liquidity is a must-read for anyone who wants to understand the global financial system. It is a timely warning about the dangers of global liquidity, and it provides a number of recommendations for how to prepare for the coming financial crisis.

Capital Wars: The Rise of Global Liquidity

by Michael J. Howell

4.2 out of 5