Product Description
In the past decade, the US experienced two massive growth periods followed by two massive collapses: the tech bubble of 2000, and the housing bubble. Both were caused by the illusion of wealth creation: hallucinations of growth built on nothing more than thin air. As an investor, how can you tell the difference between illusory growth and wealth and the real thing? Where can you invest to earn solid returns without falling victim to the next bubble or the one after that? Read The Great Deleveraging, and find out. Former Wall Street executive Chip Dickson and leading international business scholar Oded Shenkar begin by identifying the policies and characteristics of societies most likely to generate real economic growth and real investor wealth, including political realities, the trade climate, risk environments, and more. Next, they outline specific lessons learned about bubbles and growth from nine decades of investment returns. Finally, they systematically identify the global markets and sectors that are poised for high levels of sustainable growth, and make specific recommendations for the best investment vehicles to use in each growth area. The result: strategies for real profits and wealth creation that will help you survive, and thrive, through history’s greatest deleveraging.
The Great Deleveraging: Economic Growth and Investing Strategies for the Future
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