In a follow-up to his bestseller The Great Reckoning, in this new book, economic expert Davidson says we are on the cusp of great change — a breaking point — that will have vast implications for investors and wealth managers. Despite the fact that technology and mega political forces have created the biggest and most expensive governments the world has ever seen, Davidson predicts we are entering an era of the devolution of power which will paradoxically lead to an era of economic freedom. This provocative and wide-ranging book will explain this paradox and provide a roadmap investors can use to prosper despite the coming upheavals.
James Dale Davidson is an American writer and private investor. He specializes in the domain of economics and finance. Davidson had a successful career as a financial advisor, and in the year 1969, he established the National Taxpayers Union. James Dale Davidson was an alumna of the Oxford University. He pursued an undergraduate degree in the institution. As of now, we aren’t aware of any additional details about his education.
Currently, Mr. Davidson holds the position of Co-Editor in the department of Strategic Investment at Banyan Hill Publishing. He retired from the world of investment in the year 2004, only to eventually return to the firm.
He has spent a significant part of his life discussing about an overreaching government. He is best known as an economist and financial predictor, who allegedly predicted every significant financial event since the last thirty years.
The title is misleading as it says "Profit from the coming money cataclysm" but it does not give indications or suggestions as to how to do it. It does mention on the final pages a quick passage about keeping gold in the context of a devaluation of the dolar.
Skimmed through most of the book as I agree with the premise and am aware of some of his points. The last two chapters were the interesting ones. In those he provides relatively vague conclusions as to the future. Because part of his premise is the future is something we don't really expect, there's no way for him to provide a well defined prediction