The New Great Depression cover art

The New Great Depression

Winners and Losers in a Post-Pandemic World

Preview

Try Premium Plus free
1 credit a month to buy any audiobook in our entire collection.
Access to thousands of additional audiobooks and Originals from the Plus Catalogue.
Member-only deals & discounts.
Auto-renews at $16.45/mo after 30 days. Cancel anytime.

The New Great Depression

By: James Rickards
Narrated by: James Rickards
Try Premium Plus free

$16.45 per month after 30 days. Cancel anytime.

Buy Now for $21.99

Buy Now for $21.99

Confirm Purchase
Pay using voucher balance (if applicable) then card ending in
By confirming your purchase, you agree to Audible's Conditions Of Use and Privacy Notice and authorise Audible to charge your designated credit card or another available credit card on file.
Cancel

About this listen

A Wall Street Journal and National Best Seller!

The man who predicted the worst economic crisis in US history shows you how to survive it.

The current crisis is not like 2008 or even 1929. The New Depression that has emerged from the COVID pandemic is the worst economic crisis in US history. Most fired employees will remain redundant. Bankruptcies will be common, and banks will buckle under the weight of bad debts. Deflation, debt, and demography will wreck any chance of recovery, and social disorder will follow closely on the heels of market chaos. The happy talk from Wall Street and the White House is an illusion. The worst is yet to come.

But for knowledgeable investors, all hope is not lost.

In The New Great Depression, James Rickards, New York Times best-selling author of Aftermath and The New Case for Gold, pulls back the curtain to reveal the true risks to our financial system and what savvy investors can do to survive - even prosper - during a time of unrivaled turbulence. Drawing on historical case studies, monetary theory, and behind-the-scenes access to the halls of power, Rickards shines a clarifying light on the events taking place, so investors understand what's really happening and what they can do about it.

A must-listen for any fans of Rickards and for investors everywhere who want to understand how to preserve their wealth during the worst economic crisis in US history.

©2020 James Rickards (P)2020 Penguin Audio
Economic Conditions Wall Street Behavioural Finance Financial Crisis

Critic Reviews

“Rickards...makes the important point that depressions are as much psychological as numeric.... Intriguing policy recommendation...sound advice to investors on how to structure a portfolio to deal with both the threat of deflation and inflation...a bracing collection of salvos...with many genuine insights, which make it an enjoyable book to argue with. Let’s just hope that the next 30 years are less bleak than Mr Rickards expects.” (The Financial Times)

What listeners say about The New Great Depression

Average Customer Ratings
Overall
  • 4 out of 5 stars
  • 5 Stars
    88
  • 4 Stars
    34
  • 3 Stars
    15
  • 2 Stars
    10
  • 1 Stars
    5
Performance
  • 4.5 out of 5 stars
  • 5 Stars
    82
  • 4 Stars
    23
  • 3 Stars
    12
  • 2 Stars
    2
  • 1 Stars
    5
Story
  • 4.5 out of 5 stars
  • 5 Stars
    86
  • 4 Stars
    19
  • 3 Stars
    7
  • 2 Stars
    5
  • 1 Stars
    7

Reviews - Please select the tabs below to change the source of reviews.

Sort by:
Filter by:
  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Very timely

I really like James R. style or writing and his logical views on the economy. This is a must read.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    4 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Great Book

I've read a listened to most of Jim's books and they are all full of info and amazing foresight.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Greatful for this insight

Great audio book listened to it straight through. I'm grateful to have access to James's insight to the pandemic and the state of the economy... I'm a big fan of all of his other books and they are helping me make better financial decisions.

Thank you

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

2 people found this helpful

  • Overall
    4 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    4 out of 5 stars

Excellent and well researched prognosis

Rickards has produced an engaging and well-researched analysis of what may well lie ahead post pandemic (and why). History sure is a great teacher.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    4 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Balanced approach to play Post-COVID scenarios

Great analysis of the Spanish Flu and SARS pandemics to play out post COVID economic scenarios. The section on portfolio balancing and case for Gold are worth putting into your plans.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

A must listen

Jim covers both the pandemic and its effects , along with his strong predictions and possible solutions.
He’s mathematical, practical and a wealth of knowledge, historical to present . He explains everything in simple terms that just all adds up and makes sense .


Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

1 person found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Insightful and Powerful Knowledge

Fantastic book by Jim Rickards, so insightful and provides powerful knowledge for the current and coming economic world.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Truly Enlightening. A brilliant write up!!

Absolutely enlightening especially for the ill informed, ignorant and misguided. A crash course into various financial instruments of the powerful and connected.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

1 person found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    5 out of 5 stars

great book

the comment below me looks silly now as I am a new Zealander and the lockdowns and vaccines didn't work, we had covid sweep through nz in 2022

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Provides very sound advice; highly recommended!

This my second book of Rickards' after Currency Wars. I found myself taking notes throughout all of the chapters.

In short, I really appreciated a deeper drive into the Spanish Flu, in order to better explain our present and likely future. The investment advice towards the end of the book was also great. He touched upon the sort of models use, and what these models are saying. In the book, it was predicted that gold prices would currently be around US$2500 per ounce, though they are currently at US$1800; might be a good time to buy!

I highly recommend listening to this!

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.