Read and pay attention (Martin Wolf, the Financial Times ): the bestselling author of Crisis Economics argues we are heading toward the worst economic catastrophe of our lifetimes, unless we can defend against ten terrifying threats.
Today, we are heading toward a Great Stagflation That will make the 1970s look like a walk in the park.. faced stagflation: high rates of inflation combined with stagnant employment and growth.
In the 1970s, the U.
S.
There is a slight chance we can avoid them, if we come to our senses--but we must act now.
From the worst debt crisis the world has ever seen, to governments pumping out too much money, to borders That are blocked to workers and to many shipments of goods, to the rise of a new superpower competition between China and the U.
S., to climate change That strikes directly at our most populated cities, we are facing not one, not two, but ten causes of disaster.
There are no fewer than ten overlapping, interconnected threats That are so serious, he calls Them Megathreats.
Now he is back with a much scarier prediction, one That we ignore at our peril.
Doom, until his prediction of the 2008 housing crisis and Great Recession came true--when it was too late.
Renowned economist Nouriel Roubini was nicknamed Dr.
Read and pay attention (Martin Wolf, the Financial Times ): the bestselling author of Crisis Economics argues we are heading toward the worst economic catastrophe of our lifetimes, unless we can defend against ten terrifying threats
