In this New York Times bestseller and Wall Street Journal bestseller, Rickards explores the future of the international monetary system. "A fast-paced and apocalyptic look at the financial future, taking in financiers' greed, central banks' incompetence and impending Armageddon for the dollar ...Rickards may be right that the system is going wobbly". (Financial Times).
The international monetary system has collapsed three times in the past hundred years. Each collapse was followed by a period of war, civil unrest, or damage to the stability of the global economy. Now James Rickards explains why another collapse is rapidly approaching.
The US dollar has been the global reserve currency since the end of the Second World War. If the dollar fails the entire international monetary system will fail with it. But Washington is gridlocked, and America's biggest competitors - China, Russia, and the Middle East - are doing everything possible to end US monetary hegemony.