We are currently making improvements to the Audible site. In an effort to enhance the accessibility experience for our customers, we have created a page to more easily navigate the new experience, available at the web address www.audible.co.uk/access.
The Road to Ruin Audiobook

The Road to Ruin: The Global Elites' Secret Plan for the Next Financial Crisis

Regular Price:£21.99
  • Membership Details:
    • First book free with 30-day trial
    • £7.99/month thereafter for your choice of 1 new book each month
    • Cancel easily anytime
    • Exchange books you don't like
    • All selected books are yours to keep, even if you cancel
    • Free, unlimited access to Audio Shows
  • - or -

Publisher's Summary

Penguin presents the unabridged downloadable audiobook of The Road to Ruin, written and read by James Rickards.

The best-selling author of The Death of Money on how investors can prepare for the next financial panic - and why it's coming sooner than you think.

The global economy has made what seems like an incredible comeback after the financial crisis of 2008. Yet this comeback is artificial. Central banks have propped up markets by keeping interest rates low and the supply of money free-flowing. They won't bail us out again next time. And there will be a next time...soon.

In The Road to Ruin, best-selling author James Rickards identifies how governments around the world are secretly preparing an alternative strategy for the next big crisis: a lockdown. Instead of printing money to reliquify markets and prop up assets, governments are preparing to close banks, shut down exchanges and order powerful asset managers not to sell. They're putting provisions in place that will allow them to do so legally. What's more, the global elite has already started making their own preparations, including hoarding cash and hard assets.

When the next one comes, it will be the average investor who suffers most - unless he or she heeds Rickards' warning and prepares accordingly.

James Rickards is the best-selling author of Currency Wars and The Death of Money. He is a portfolio manager at West Shore Group and an adviser on international economics and financial threats to the Department of Defence and the US intelligence community. He served as facilitator of the first-ever financial war games conducted by the Pentagon.

©2016 James Rickards (P)2016 Penguin Random House UK

What Members Say

Average Customer Rating

4.7 (125 )
5 star
 (97)
4 star
 (21)
3 star
 (5)
2 star
 (1)
1 star
 (1)
Overall
4.7 (108 )
5 star
 (83)
4 star
 (19)
3 star
 (4)
2 star
 (1)
1 star
 (1)
Story
4.6 (110 )
5 star
 (76)
4 star
 (23)
3 star
 (9)
2 star
 (1)
1 star
 (1)
Performance
Sort by:
  •  
    Adrian J. Smith UK 11/09/2017
    Adrian J. Smith UK 11/09/2017
    HELPFUL VOTES
    2
    ratings
    REVIEWS
    8
    8
    FOLLOWERS
    FOLLOWING
    0
    0
    Overall
    Performance
    Story
    "Superb!"

    The Road to Ruin is quite simply a cutting-edge account of the current economic situation, and stands high on several strengths.
    First of all, it is very readable whilst being sufficiently academic. Financial newcomers may be lost in jargon, but Rickards does not overwhelm the reader.
    Secondly, it is very well informed. Researched is not the correct word, although Rickards clearly backs his work up with up to date sources, however, it is informed in the sense that Rickards is no industry outsider, quite the opposite. He has served at the highest levels of banking, and converses with the very highest people.
    Thirdly, it makes sense. Early on, Rickards establishes that Economics, while being a science, is not practiced as such as economists behave like dogmatists, obfuscating information and data that does not hold with their preconceived theories. As such, the same risk models, algorithms, and practices that led to the crash of 2008 are firmly in place. Rickards details the 1998 collapse of Long Term Capital Management as a model for the crash of 2008, model in the sense that central bankers, policy elites, and the financial community could have learned the lessons from 1998, but ignored them.
    Rickards work is both an overview of the systemic flaws in the world financial system, and something of a divination into what may come. The scenario he lays out is harsh and unsettling, wherein he posits that elites will roll out a universal asset freeze and halt of the global economy, and this will be backed up with the full force of the state, using policing tactics which may sound harsh to the unfamiliar, but as Rickards illustrates, are already widely practiced.
    Rickards work may draw raised eyebrows, skepticism and disagreement, but whether one agrees with his book or not, it stands on its own merits as a well written, well argued and well informed critique of the global financial system, and stand tall it does.

    2 of 2 people found this review helpful
  •  
    Rik Muschamp 19/06/2017
    Rik Muschamp 19/06/2017 Member Since 2016
    HELPFUL VOTES
    7
    ratings
    REVIEWS
    21
    15
    FOLLOWERS
    FOLLOWING
    0
    0
    Overall
    Performance
    Story
    "Intriguing, scary, paranoid!"
    Any additional comments?

    An interesting analysis of the history of the world financial market and the potential direction we are heading. Rickards comes across as a plausible commentator with a great deal of insight into the subject. However, the core concept of the book seems a little grandiose and paranoid to be realistic. I wholeheartedly believe much of it is possible but the end game seems unlikely.

    Why would this mysterious global elite want to turn capitalism into socialism when capitalism is what made them rich in the first place?

    1 of 1 people found this review helpful
  •  
    Momoto Dublin, Ireland 03/01/2018
    Momoto Dublin, Ireland 03/01/2018 Member Since 2017
    ratings
    REVIEWS
    5
    1
    Overall
    Performance
    Story
    "Too paranoid or not paranoid enough?"

    Well narrated, and pretty coherent. If you’re a adherent of the paranoid style in American politics then you won’t doubt any it is true. I found the ideas on complexity theory/historical analysis were really interesting, also the battle lines of state and private/corporate power. At the core is a simple idea - the world is too complex to try and model, don’t try, look to the past. Also the motivation of the global statist elite and the push for a cashless society was pretty compelling - though I don’t see how hyperinflation and negative interest rates go together. Only complaint was he goes off on some tangents - portfolio balance,

    0 of 0 people found this review helpful
  •  
    Miro 25/10/2017
    Miro 25/10/2017
    HELPFUL VOTES
    2
    ratings
    REVIEWS
    19
    7
    FOLLOWERS
    FOLLOWING
    0
    0
    Overall
    Performance
    Story
    "Excellent"

    Very informative book, this is a real insider information, hopefully it doesn’t happen, but the chances are enormous. James Rickards has done a great job. Highly recommended to whom want to be prepared.

    0 of 0 people found this review helpful
  •  
    Marc 02/10/2017
    Marc 02/10/2017 Member Since 2015
    HELPFUL VOTES
    2
    ratings
    REVIEWS
    12
    12
    FOLLOWERS
    FOLLOWING
    0
    0
    Overall
    Performance
    Story
    "Real eye opener."

    Buckle up and hold tight.
    Times are about to change. most people can't see it coming!

    0 of 0 people found this review helpful
  •  
    kells 02/10/2017
    kells 02/10/2017
    ratings
    REVIEWS
    1
    1
    Overall
    Performance
    Story
    "Enjoyable and thought provoking."

    With a view so counter-popular thia might be one that will be praised really only with hindsight.

    0 of 0 people found this review helpful
  •  
    Danny Phillips 29/08/2017
    Danny Phillips 29/08/2017 Member Since 2016
    HELPFUL VOTES
    12
    ratings
    REVIEWS
    14
    5
    FOLLOWERS
    FOLLOWING
    1
    0
    Overall
    Performance
    Story
    "Take action book"

    This book is extremely insightful with detailed accounts of historical crashes, dates and references to financial moments in history and and psychological angle on human behaviour. This book is an ultimate call to action, not only to buy assets but to invest in further education! Thank you Jim for passing on this 'wealth' of knowledge! 👍🏼🤗

    0 of 0 people found this review helpful
  •  
    olusola adebusuyi 08/03/2017 Member Since 2018
    ratings
    REVIEWS
    1
    1
    Overall
    Performance
    Story
    "A must read! Pick it up now!"

    One of the best books ive read this year. It's very insightful and explained very well by the author.

    0 of 0 people found this review helpful
  •  
    David 17/02/2017
    David 17/02/2017 Member Since 2014
    HELPFUL VOTES
    1
    ratings
    REVIEWS
    7
    2
    FOLLOWERS
    FOLLOWING
    0
    0
    Overall
    "very interesting ideas"

    Definitely worth a listen all the way through! Some good investment advice to preserve wealth.

    0 of 0 people found this review helpful
  •  
    Bill 23/01/2017
    Bill 23/01/2017
    ratings
    REVIEWS
    2
    1
    Overall
    Performance
    Story
    "fabulous book , amazing insight"

    great book , very informative , easy to understand and well written , recommend.
    buy

    0 of 0 people found this review helpful
Sort by:
  • M. Russell
    South Africa
    05/01/17
    Overall
    Performance
    Story
    "Almost (but not quite) beyond belief"
    If you could sum up The Road to Ruin in three words, what would they be?

    Tomorrow's world Today


    What other book might you compare The Road to Ruin to and why?

    On the Beach - Neville Shute


    What about James Rickards’s performance did you like?

    Quietly lucid and easy to listen to


    Was there a moment in the book that particularly moved you?

    Well researched and support insights on every page from someone deep inside the world of money and currency (you'll soon discover the difference) I constantly had to remind myself that Ian Fleming's James Bond could not have done a better job - main;t because that was fiction. If you want the history of the banking system it's here


    Any additional comments?

    Fascinating.

    0 of 0 people found this review helpful

Report Inappropriate Content

If you find this review inappropriate and think it should be removed from our site, let us know. This report will be reviewed by Audible and we will take appropriate action.

Cancel

Thank you.

Your report has been received. It will be reviewed by Audible and we will take appropriate action.