'This book is a dramatic wake-up call to investors. It portrays an apocalyptic future of high risk and low rewards. It is well informed and highly readable. While some may dispute the author's bleak vision, this is nevertheless required reading for anyone who wants to understand the massive changes hitting the world's economies in the coming decades.' Luke Johnson, Chairman of Channel 4 and Signature Restaurants and Columnist for The Sunday Telegraph.
'This book is a compelling recital of serious points upon which all citizens, whether professional investors or not, will have to make up their mind.' Simon Cawkwell (aka "Evil Knievil", leading British Bear).
'If you are not yet worried about the financial future you should be. The global economy isn't as healthy as you think it is. Wake Up! explains why and then tells you exactly what to do about it. A brilliantly written and very convincing financial horror story. A must read for anyone who wants to preserve their capital over the coming decade.' Merryn Somerset-Webb, Editor of MoneyWeek and Sunday Times Columnist.
"synopsis" may belong to another edition of this title.
Are you looking forward to a better job, a larger house, a comfortable retirement? Do you think things are going pretty well for you? Wake Up! The unparalleled prosperity enjoyed by Western nations over the past 50 years is unsustainable. The balance of power is swiftly shifting to more entrepreneurial countries and this, coupled with the widening gap between rich and poor, a rise in global terrorism, the massive expansion of the Chinese economy, spiralling debt and an ageing population makes fundamental change to the lifestyles of those in the affluent West unavoidable. What is happening is not the cyclical change that most investors and business people experience, it is far more radical and far-reaching than anything experienced in living memory. Worried? You should be. But the bleak outlook doesn’t have to take everyone with it. Wake Up! provides practical help and advice that shows readers not only how to survive but also to prosper in the coming economic turmoil.
Jim Mellon is an investor with a twenty-year background in fund management. He is the founder of several companies and remains the principal shareholder of Charlemagne Capital, the leading emerging market asset manager. He lives in the Isle of Man and in Spain. He has a Masters Degree in Philosophy, Politics and Economics from Oxford University and is an Honorary Fellow of Oriel College, Oxford. He is a recognized expert in development economics.
Al Chalabi is an entrepreneur who has been based in Asia for eight years and has extensive experience of developing economies. He has a bachelor’s degree in engineering and a Masters in Business Administration. He consults widely for multinational corporations on strategy, particularly in relation to technology. Originally from Iraq, Al grew up in the UK after his family moved there when he was a young child. Al has also lived in Canada, France and the United States and currently lives in Hong Kong.
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