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

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

  • Downloads:6927
  • Type:Epub+TxT+PDF+Mobi
  • Create Date:2023-01-18 06:51:50
  • Update Date:2025-09-06
  • Status:finish
  • Author:James Rickards
  • ISBN:0241584590
  • Environment:PC/Android/iPhone/iPad/Kindle

Summary

Empty shelves, petrol station queues and energy shortages: crises more familiar to those who lived through the 1960s and 1970s have now become a reality for many as global shipping times are squeezed, containers lie unopened at docks and supply shortages push up inflation, increasing the cost of consumer goods from milk to cars to building materials。

In Sold Out , James Rickards explains why the shelves are empty, who broke the supply chain and why shortages will persist。 He breaks down the history and structure of business around the world to offer readers a behind-the-scenes look at what's really going on, and what they can do to mitigate the worst of what's to come。

Drawing on his financial expertise, he explains that consumers and investors need to be nimble to come through this unprecedented turn of events in good shape。 Luckily, Rickards is on hand to provide the tools readers need to look ahead, monitor key trends and insulate against risks。

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Reviews

Adrian

Timely and highly efficient, Rickards examines a less familiar area, supply chains, but uses his usual flair for explaining the implications for the world economy。The book opens by examining the reality of supply chains, something most of us will need a refresher on, and proceeds to explain the ramifications of supply chain break down, and how this can take years, even decades, to rebuild。The last chapters of the book involve monetary policy of the Fed and the increasing likelihood of deflation, Timely and highly efficient, Rickards examines a less familiar area, supply chains, but uses his usual flair for explaining the implications for the world economy。The book opens by examining the reality of supply chains, something most of us will need a refresher on, and proceeds to explain the ramifications of supply chain break down, and how this can take years, even decades, to rebuild。The last chapters of the book involve monetary policy of the Fed and the increasing likelihood of deflation, along with some investment recommendations on behalf of the author。An interesting policy prescription Rickards prescribes is a new world of Supply Chains centred upon a league of democracies, wherein China and other such countries would be excluded。 An interesting policy prescription, but one that this reader isn't exactly convinced upon the feasibility of such。 However, this is perhaps the only area where this reader doesn't see eye to eye with Rickards in what is yet another superb work and strongly recommended to anyone concerned with the Global Economy。 。。。more