The Breaking Point: Profit from the Coming Money Cataclysm

by James Dale Davidson, Bill Bonner (Foreword)

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.

Genres: Business, Economics

560 pages, Hardcover

Published December 6, 2016

About the author

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.

Reviews

[Nuno Canha]

Misleading subtitle

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.

[Paul Guerne]

I really could only get through 150 pages of this book. I saw others say that the last two chapters were the only part worth reading.

As someone interested in finance and economics, I was genuinely excited to read this book. I thought this book would be about the debt structure in the United States and how that was going to lead to an inevitable collapse. This book was anything but an economic breakdown - instead it was a tantrum about big government and politicians. I’m sure the author is incredibly intelligent, however, delivered very poor arguments for the strong claims made. Using big words that no one else uses doesn’t make you sound smart or make your arguments seem complete!!!!!

My final straw was him saying Obama has more power than Hitler and Stalin. How can you actually make that claim??? Also why does it matter??? I left this book at my hotel hoping someone else could find a better use for it.

[Mehul Sheth]

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