Download Endgame: The End of The Debt Supercycle And How It Changes Everything AudioBook Free
"We all know we have seen the finish of a time, and now we have courtside seats to watch the Endgame unfold. We live watching the finish of Act I: The Debt Supercycle. Now we will get to observe how Act II: The Endgame plays out."-John Mauldin & Jonathan Tepper (Chapter 1)A huge selection of literature have been written about the financial crisis that engulfed the planet after Lehman Brothers travelled bankrupt. But what if the bigger financial crisis is before us, not behind us? As John Mauldin and Jonathan Tepper deftly illustrate in this questionable audio reserve, the problems was greater than a half-century in the making. The Great FINANCIAL MELTDOWN, however, was only Act I. Act II has begun.The substantial home deleveraging and historical move of private personal debt onto authorities balance linens now underway all over the world represents the finish of an 60-12 months global Arrears Supercycle. We have now joined the Endgame, a period when bankruptcies and defaults (disguised as "restructuring") will never be of homes and companies but of government authorities. The stakes are actually higher. The approaching crises will offer policymakers few good alternatives and many bad ones. It should take extraordinary clarity and courage from market leaders, courage that up to now is basically completely lacking. Yet, regardless of the authors' dark forecast, the concept in Endgame is not all gloom and doom. The reserve lays out positive steps government authorities can take to weather the most detrimental of the stormy days and nights ahead, reduce the inevitable discomfort and pain most of us can expect to see, and chart a daring new course to continual economic expansion and prosperity. It also offers investors a good amount of useful research and professional advice on how to safeguard their assets during the worst than it and prosper from the countless new opportunities that will emerge internationally as they promote themselves.PARTLY 2, the authors take listeners on the country-by-country tour-including the United States, UK, European countries, and Japan-clearly explaining the problems each country faces, as well as the good and bad coverage options available to each, and the investment pitfalls and opportunities likely to be found in each national overall economy.Whether you call it the fantastic Recession, the fantastic FINANCIAL MELTDOWN, or the Global Arrears Crisis, that which you are experiencing is unlike anything seen in 80 years. Now could be not the time to succumb to worry and superstition. It is a period for courage and wise decision making enlightened by the make of rational research and wisdom you'll find in Endgame.
