{"product_id":"currency-wars-the-making-of-the-next-global-crisis","title":"Currency Wars: The Making of the Next Global Crisis","description":"Currency wars are one of the most destructive and feared outcomes in international economics. At best, they offer the sorry spectacle of countries stealing growth from their trading partners. At worst, they degenerate into sequential bouts of inflation, recession, retaliation, and sometimes actual violence. Left unchecked, the next currency war could lead to a crisis worse than the panic of 2008. Currency wars have happened before, and they always end badly. Time and again, paper currencies have collapsed, assets have been frozen, gold has been confiscated, and capital controls have been imposed. As James Rickards argues in Currency Wars, this is more than just a concern for economists and investors. The United States is facing serious threats to its national security, from clandestine gold purchases by China to the hidden agendas of sovereign wealth funds. While the outcome of the new currency war is not yet certain, some version of the worst-case scenario is almost inevitable if U.S. and world economic leaders fail to learn from the mistakes of their predecessors. Rickards untangles the web of failed paradigms, wishful thinking, and arrogance driving current public policy and points the way toward a more informed and effective course of action.","brand":"Thryft Singapore","offers":[{"title":"Like New","offer_id":32591087075409,"sku":"HG3851.3","price":11.43,"currency_code":"SGD","in_stock":false},{"title":"Very Good","offer_id":32591087108177,"sku":"HG3851.3","price":9.71,"currency_code":"SGD","in_stock":false},{"title":"Good","offer_id":39423834783825,"sku":"HG3851.3","price":8.74,"currency_code":"SGD","in_stock":false},{"title":"Well Read","offer_id":32591087140945,"sku":"HG3851.3","price":8.26,"currency_code":"SGD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0110\/0598\/4849\/files\/13588427.jpg?v=1723958614","url":"https:\/\/thryft.sbs\/products\/currency-wars-the-making-of-the-next-global-crisis","provider":"Thryft","version":"1.0","type":"link"}