Download Audiobook MegaThreats: Ten Dangerous Trends That Imperil Our Future, and How to Survive Them by Nouriel Roubini in English

MegaThreats: Ten Dangerous Trends That Imperil Our Future, and How to Survive Them

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The bestselling writer of CRISIS ECONOMICS argues that we’re heading towards the worst financial disaster of our lifetimes, except we will defend towards ten terrifying threats.Famend economist Nouriel Roubini was nicknamed “Dr. Doom,” till his prediction of the 2008 housing disaster and Nice Recession got here true—when it was too late. Now he’s again with a a lot scarier prediction, one which we ignore at our peril. There are not any fewer than ten overlapping, interconnected threats which might be so critical, he calls them Megathreats. From the worst debt disaster the world has ever seen, to governments pumping out an excessive amount of cash, to borders which might be blocked to staff and to many shipments of products, to the rise of a brand new superpower competitors between China and the U.S., to local weather change that strikes immediately at our most populated cities, we face not one, not two, however ten causes of catastrophe. There’s a slight likelihood we will keep away from them, if we come to our senses—however we should act now.Within the Seventies, the U.S. confronted stagflation: excessive charges of inflation mixed with stagnant employment and development. Immediately, we’re heading towards a Nice Stagflation that may make the Seventies seem like a stroll within the park.

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