
Whether Trump or Biden (or someone else) wins, the Future is already programmed for the next decade. In his Foreword, Niall Ferguson summarizes Larry McDonald’s prophesies: “a new era of persistent inflation, an escalation in global conflict, a multipolar world teaming up against the United States, the horror of a weakening dollar, a series of sovereign debt crises, and a thundering of capital out of fiscal assets into hard assets, not to mention catastrophic shortages of natural resources.” (p. xiii)
Sure, scary finance books are a dime a dozen, but McDonald’s book provides examples and statistics to back up his positions. McDonald has a long history in financial markets. He was a Lehman Brothers VP when the firm ignored warning signs and collapsed. Since then, McDonald founded the economic research platform,The Bear Traps Report, that tracks all this alarming economic activity.
Inflation is back. The world will soon be facing catastrophic shortages in natural resources. The U.S. dollar will lose its status as the world’s reserve currency as China, Saudi Arabia and Russia lead a move away from the American-led financial system. And rising government deficits are increasing the risk of a U.S. default especially if Trump and his MAGA are in control. Things look bleak! How to Listen When Markets Speak: RISKS, MYTHS, AND INVESTMENT OPPORTUNITIES IN A RADICALLY RESHAPED ECONOMY provides a roadmap to the monetary disasters ahead so you can prepare for the worst! GRADE: A
TABLE OF CONTENTS:
Author’s Note — xi
Foreword by Niall Ferguson — xiii
Introduction — xvii
- The End of an Era — 3
- America Crosses the Rubicon — 22
- The Dazzling Obamas–and the Dying of the Light — 43
- The New Washington Consensus — 59
- Fossil Fuels Paving the Way to the Green Meadow — 84
- The Dark Side of Passive Investing — 117
- The Psychology of Bubbles and the Mania of Crypto — 140
- The Decline of the U.S. Dollar — 166
- Cold, Hard Assets–the Portfolio for the Next Decade — 197
Acknowledgements — 227
Notes — 231
Index — 235










