Watch Richard Duncan’s Course: CAPITALISM IN CRISIS
Posted March 27, 2013
Dear All, I have recorded a two-hour course. It’s called Capitalism In Crisis: The Global Economic Crisis Explained. The course is broken into 15 short
Category Archives: The Global Economic Crisis: Past, Present and Future
When Will This New Depression End?
Posted March 8, 2013
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
The New Left Review Interviews Richard Duncan
Posted November 30, 2012
The following interview was printed in the September/October issue of the New Left Review. RICHARD DUNCAN A NEW GLOBAL DEPRESSION? Interview You were one of
The Capital Account Interview: The Death of Capitalism and Everything After
Posted October 18, 2012
I recently had a lively conversation with charismatic Lauren Lyster on Capital Account in Washington D.C. We discussed the death of Capitalism in World War
The Financial Times Book Review Of The New Depression
Posted August 1, 2012
The New Depression was reviewed by Samuel Brittan in The Financial Times on July 30th. Please find the link below: https://www.ft.com/intl/cms/s/2/a941cd5e-d5a8-11e1-af40-00144feabdc0.html#axzz22HeRw1R1
Glenn Beck Interviews Richard Duncan: And keeps an open mind!
Posted July 28, 2012
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
How Close Are We to New Great Depression?
Posted July 25, 2012
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
The Policy Options
Posted May 18, 2012
From Chapter 9 of The New Depression: The Breakdown Of The Paper Money Economy – Capitalism was an economic system in which the private sector
The New Depression: The Breakdown Of The Paper Money Economy
Posted April 20, 2012
My third book on the global economic crisis is now in print and available on Kindle. It’s called The New Depression: The Breakdown Of The
Asia's Economic Outlook In Light Of The Global Economic Crisis
Posted March 9, 2012
Below, please find a link to a speech I made before the CFA Institute in Hong Kong on March 7, 2012. I discuss the outlook
A “Deer In The Headlights” Policy Freeze?
Posted August 4, 2011
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
The Ten Trillion Dollar Milestone
Posted July 18, 2011
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
Helicopter Money
Posted June 30, 2011
A great deal can be learned about the government’s response to this crisis, as well as the mistaken policies that necessitated it, by analysing a
The Corruption Of Capitalism, Preface to the 2011 Edition
Posted June 16, 2011
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
An Interview with Richard Duncan on China, Europe, & QE3
Posted June 1, 2011
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:
Credit Growth Drives Economic Growth, Until It Doesn’t
Posted May 19, 2011
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
China: Every Boom Busts
Posted May 3, 2011
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.
Birth Of The Debt Culture
Posted April 26, 2011
Once US dollars ceased to be convertible into gold at the beginning of the 1970s, there was no longer any constraint on the amount of
A New Economic Paradigm
Posted April 19, 2011
Since the 1980s, a culture of debt has arisen in the United States. That change was the consequence of a misguided trade policy that gave
The Loose Cannon Credit Crisis
Posted April 9, 2011
Starting in the 1970s, international credit flows began to destabilize the global economy. One country after another was plunged into crisis as dollar-denominated credit from