The Present: On The Brink Of Disaster

So far, 450 of you have signed up for my on-line video course, Capitalism In Crisis: The Global Economic Crisis Explained. Thank you! I appreciate your interest and your support.

As you know, Capitalism In Crisis focuses on the past,

The following comments, written specifically for the Spanish language edition of The New Depression, were written in early March 2013, sixteen months after the original manuscript was completed at the end of October 2011.

In The New De

On Tuesday July 17th I was invited to appear on Glenn Beck’s show. This came about because of my CNBC Squawk Box Europe interview the day before. Honestly, I was not sure about what kind of reception I would be given by Glenn, but I wan

Last week I was in London to promote The New Depression: The Breakdown Of The Paper Money Economy. The week began at 7:30 Monday morning on Squawk Box Europe. Please find the link below. I was told this clip was the most watched segment tha

The agreement reached to raise the US government debt ceiling may mark the beginning of the kind of “deer in the headlights” policy freeze described in the last chapter of The Dollar Crisis. If that agreement is fully implemented, this

A milestone on the road to economic ruin was reached last week. Total Foreign Exchange Reserves topped $10 trillion. That means central banks have created the equivalent of $10 trillion of fiat money that they have used to buy the currenci

Preface to the 2011 Edition of The Corruption of Capitalism
[Now available on Kindle and NOOK]

From the early 1980s, debt-fuelled consumption in the United States drove global economic growth and facilitated the spread of globalization.

The following interview was published in THE EDGE SINGAPORE on May 30, 2011

By ASSIF SHAMEEN

Richard Duncan, author of the seminal The Dollar Crisis: Causes, Consequences, Cures, an international bestseller that predicted the recent

The single most important thing to understand about economics in the age of paper money is that credit growth drives economic growth. Before the breakdown of the Bretton Woods international monetary system in 1971, there was a difference b

Since the beginning of the Industrial Revolution, every economic boom has been followed by an economic bust. The bigger the boom, the bigger the bust. Over the past 20 years, China has experienced the greatest economic boom in history. It i