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  • Sold Out

  • How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy
  • Written by: James Rickards
  • Narrated by: James Rickards
  • Length: 7 hrs and 44 mins
  • 4.3 out of 5 stars (23 ratings)

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Sold Out

Written by: James Rickards
Narrated by: James Rickards
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Publisher's Summary

From the man who predicted the worst economic crisis in US history comes Jim Rickards’ second prediction—the collapse of our global economy.

The supply chain crisis is coming to a head. Today, your favorite products are missing from store shelves, caught in supply chain limbo somewhere in the Pacific Ocean. But what does this supply chain disruption look like six months, or even three years, from now? While we hope that post-pandemic recovery will absolve these issues, the reality is that digital currency, meme stonks, and social media can’t solve the age-old problem of producing and moving physical goods across oceans and continents. According to Jim Rickards, consumer frustration is only the tip of a very large, menacing iceberg that threatens global economic collapse.

In Sold Out, Rickards shares his predictions for our post-pandemic future and outlines how consumers and business owners can get ahead of the collapse. You’ll learn how energy shortages in China—fueled by the trade war with Australia—is disrupting the steel market and forcing entire factories to shut down. You’ll also learn how rising inflation will ultimately lead to deflation in a few short years—as consumer spending eventually tanks due to higher taxes, excessive debt, and increased layoffs—and why such economic conditions will closely resemble the 1930s. Finally, Rickards will look at the future of money, including the erasure of the American dollar itself.

Our global economy faces unprecedented challenges in the next few months. But whether we sink or swim depends on how prepared we are—and what we do now to thwart the coming collapse.

©2022 James Rickards (P)2022 Penguin Audio
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What listeners say about Sold Out

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    5 out of 5 stars

Excellent book

Very interesting analysis of how our supply chains are exposed and the potential challenges we will face in the future. Will listen again.

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A MUST read!!!

Jim Rickards does it again, with a thorough explanation and account of the events that have been shaping our lives in the last few years.
Whether you’re into economics, or simply looking to educate yourself about the topic - Sold Out will leave you more informed that when you started off.

Easy, fast read. 10/10

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    5 out of 5 stars
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It's a must read. Has alot of truth

Could feel the changes in real life. Time to prepare yourself for what is to come.

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  • Overall
    5 out of 5 stars

amazing breakdown

Amazing and honest breakdown of the latest economic conditions and their causes with historic past references and correlations.

A must read moving forward during turbulent times....

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  • Overall
    3 out of 5 stars
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    3 out of 5 stars

Good Analysis on Supply Issues - Dumb Talking Points on COVID-19

The analysis of supply chain issues is well done, and gives the reader useful information about the origins of supply issues, and why they will continue into the future.

Unfortunately the author in explicitly includes a misguided rant about COVID-19 and the effectiveness of vaccines, and masks. These debunked talking points seem to be taken straight from his grandmother's Facebook postings. The buyers shines through and his language choice when talking about the pandemic, compared to other issues, he explores in a more neutral manner.

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    3 out of 5 stars
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    4 out of 5 stars

audio distractions

you can hear an odd scratching or what sounds like someone smoking a vape periodically throughout the entire reading.

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I AM IN SHOCK

Thank you for sharing this information. I really think that you are really on point of what is really happening in the world.

I am 25 year old I am from Mexico , I been an entrepreneur since I was 13 working with my father and creating mi own business . So I been exploring and learning about business for 12 years via YouTube.

I know about you James Richard because of Robert kiyosaki, London real and Patrick David.

I been traveling around Mexico, Costa Rica, Nicaragua, USA and Canada.

Let me tell you something I pay for 2 single Roma Tomatoes in a groceries store in Vancouver and they cost me 7 dollars with that money in my hometown of Mexico I can buy 12.
I can even hire someone to work for me for 8 hours with that kid of money.

If you are telling me that this book have lies you are lying to yourself.
Embrace your self because the beginning of the end of all the fake money is just getting started.

I created this beautiful analogy…

Imagine if you discover fire back in the day

Imagine that you start playing with the fire and start cooking and melting stuff.

The village grow and the community grow with new inventions.

Then fire is just something normal for the new generation that they don’t care about learning how it works.

One day one of these people that didn’t bother to learn start a fire and that fire cause another fire.

Suddenly the whole town is on fire.

And every body is fighting one and other because every body is blaming each other.

I really think that the “fire” in this story is “Debt” and everything and everybody is in “Debt” because of lack of knowledge in how to used correctly to creat new inventions and general wealth.

I really believe that we are entering into a time that fighting and protecting your self will be a praority.

Thank you james for all this good information.

In the good side I think that we still have time because In my years of experience and meeting people. The vast majority of people don’t have a single clue of what is really happening and they just want to deal with the problem when is in their faces.
I don’t think we can calculate stupidity with a mathematical formula but if we can I think that %99 of the population don’t have a single clue of how f**k the macroeconomic works. I will want to see the number of people that buy this book because at least the people that buy this book are in the right path.

Thank you again James Rickards fantastic work

If someone agree with me reach out I will love to meet another survivor.

Instagram @andresgarciaqrt.
Email andresgarciaqrt@gmail.com




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interesting topic with seriously flawed logic

I struggled to finish. When the author focused on logistics it was interesting. The recurrent rants about covid vaccines and climate change were clearly out of the authors area of expertise demonstrating flawed logic, inaccuracies, and bias. The latter made me question what other significant biases the author may have. I do not recommend at all.

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boring

and false too. logical fallacies and USA will win . nonsense. gave up after few chapters

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