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The Crash of the Millennium : Surviving the Coming Inflationary Depression by Ravi Batra, Raveendra N. Batra is a business book available to read on EtoBox.

What is The Crash of the Millennium : Surviving the Coming Inflationary Depression about?

It's remarkable how often the predictions of economics professor Ravi Batra have proven prescient. Years in advance he predicted the rise of fundamentalism in Iran, the fall of the Berlin Wall, the decline of communism, the stock market crash of 1987, and the September market slump of 1998. The one time Batra seemed to get it wrong was with the prediction of his best-selling book, The Great Depression of 1990. As it turned out, that depression was postponed by massive borrowing from abroad, and what we now face will be all the worse for the delay.<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> The premise of this book is as simple—and as powerful—as the law of supply and demand. In the United States, as in many other countries, we've been producing more and more goods, but wages have not kept pace. That disparity has been papered over by credit cards, easy loans and a huge speculative bubble in the stock market, but cracks are appearing in the walls. Russia, the "Tiger" economies of Asia, and Latin America have been hit hard recently, and Batra predicts similar tough times ahead for the United States. It will begin with a stock market crash in the fall of 1999, followed b

Who reads The Crash of the Millennium : Surviving the Coming Inflationary Depression?

Author

Ravi Batra, Raveendra N. Batra

Publisher

New York: Harmony Books

Published

1999

Language

EN

ISBN

9780609605127

Category

business

Subjects

Finance, Economics, Business

Rating

3.5 / 5 (4 ratings)

Updated

2026-03-14