One of the world's leading trade theorists speculates on an immenent depression and tells readers how to prepare for its coming by securing their investments and finances.

Seller Inventory # 9780671640224

Contact seller

Report this item

Bibliographic Details

Title: The Great Depression Of 1990
Publisher: Simon & Schuster
Publication Date: 1987
Language: English
ISBN 10: 0671640224
ISBN 13: 9780671640224
Binding: Hardcover
Condition: Collectible-Very Good

About this title

Synopsis

From Jacket Flap: Startling in its revelations, bold in its predictions, and overwhelmingly convincing in the evidence it offers, "The Great Depression of 1990" demonstrates that we are headed toward an economic disaster of unprecedented proportions that will occur in 1990 and continue to plague the world at least until 1996. This is not the alarmist cry of some wild-eyed sensationalist, but rather the reasoned conclusion of a respected economist trained in scientific analysis. Dr. Ravi Batra, professor of economics at Southern Methodist University and one of the top trade theorists in the world, persuasively argues that we are moving toward the greatest worldwide depression in history, in which millions of people will suffer catastrophic financial reversals. He explains precisely why it's going to happen and offers a concrete financial strategy to protect our own investments. With a foreword by world-renowned economist Lester Thurow, "The Great Depression of 1990" is crucial reading for everyone who hopes to survive and prosper in the coming economic upheaval.

Reviews

Southern Methodist University economics professor Batra bases his prediction of a "great depression" around 1990 on a pattern of 30- and 60-year recession-depression cycles in the U.S. dating back to the 1780s. He cites factors leading to the stock market crash of 1929 that also are present today: intense concentration of wealth, a depressed farm economy, heavy speculation, bank vulnerability, protectionist trade sentiment and fiscal corruption. The author relates all this to a theory of India's social scientist Prabhat Sarkar who divides human experience into ages of "laborers, warriors, intellectuals and acquisitors," the latter with their "merger mania" being dominant today. Batra's defensive formula for weathering the next slump includes such steps as converting one's assets (home and all) into cash, which, if widely followed, could bring on recession all the sooner. He does, however, propose a tax plan, admittedly unlikely to be adopted, which could puncture the Federal deficit and make a true depression virtually impossible.
Copyright 1987 Reed Business Information, Inc.

Doomsayers have always been part of the landscape of economic forecasting. Batra, international trade economist, has ventured a bit afield from his specialty to predict that the economic sky will fall in late 1989 or early 1990. Using P.R. Sarkar's theory of historical determinism, Batra projects a collapse of the Western economies and a world depression that will arrive in 1990 and plague us for seven years. He analyzes the historical cycles of monetary growth, inflation, and regulation to extrapolate a confluence of cycles in 1990 reminiscent of the crash of 1929. Will it happen? The majority of economists think not. For those who are convinced, chapter 8 recommends financial strategies prior to and during the depression. Not recommended.Gene R. Laczniak, Coll. of Business, Marquette Univ., Milwaukee
Copyright 1987 Reed Business Information, Inc.

"About this title" may belong to another edition of this title.

Store Description

At SZ Global, we specialize in sourcing and offering a diverse selection of books across a wide range of categories, including fiction, literature, business, religious works, and more. Our inventory includes both contemporary titles and hard to find editions, carefully selected to meet the needs of readers, collectors, and enthusiasts. We are committed to providing accurate listings, reliable service, and a smooth purchasing experience. All orders are shipped from our Kuwait warehouse, and we take great care in packaging to ensure books arrive in the condition described. Returns are accepted at our designated return address in Toronto, Canada, in accordance with AbeBooks policies. Whether you are expanding your personal collection, searching for a specific title, or simply exploring, SZ Global aims to be a dependable source for quality books.

Visit Seller's Storefront

Seller's business information

SZ Global
ON, Canada

Sale & Shipping Terms

Terms of Sale

These terms and conditions of sale (?Agreement?) are applicable to any order placed with and accepted by Us (referred to herein as ?Supplier?):

SCOPE OF AGREEMENT. Supplier, upon acceptance of an Order placed by Buyer, will supply the products and services specified in the Order (the ?Work?) to Buyer, pursuant to the terms and conditions of this Agreement and its exhibits and Supplier?s acceptance of such order submitted by Buyer is expressly limited to the terms and conditions of this Agreeme...

More Information

Shipping Terms

Returns Policy

You may return most new, unopened items within 15 days of the Estimated Delivery Date for a full refund. We'll also pay the return shipping costs if the return is a result of our error (you received an incorrect or defective item, etc.).

Any customer wishing to return a book has 30 days to do so if they are not entirely satisfied.

You should expect to receive your refund within three weeks of giving your package to the return shipper, however, in many cases you will receive a refund more quickly. This time period includes the transit time for us to receive your return from the shipper (5 to 10 business days), the time it takes us to process your return once we receive it (3 to 5 business days), and the time it takes your bank to process our refund request (5 to 10 business days).

If you need to return an item, please Contact Us with your order number and details about the product you would like to return. We will respond quickly with instructions for how to return items from your order.

Shipping

We can ship to virtually any address in the world. Note that there are restrictions on some products, and some products cannot be shipped to international destinations.

When you place an order, we will estimate shipping and delivery dates for you based on the availability of your items and the shipping options you choose. Depending on the shipping provider you choose, shipping date estimates may appear on the shipping quotes page.

Please also note that the shipping rates for many items we sell are weight-based. The weight of any such item can be found on its detail page. To reflect the policies of the shipping companies we use, all weights will be rounded up to the next full pound.

Shipping rates from Canada to U.S.A.

Shipping rates from Canada to U.S.A.
Order quantity	5 to 10 business days	3 to 5 business days
First item	US$ 37.21	US$ 40.21

Delivery times are set by sellers and vary by carrier and location. Orders passing through Customs may face delays and buyers are responsible for any associated duties or fees. Sellers may contact you regarding additional charges to cover any increased costs to ship your items.