The End of the Everything Bubble: Why $75 trillion of investor wealth is in mortal jeopardy

by Alasdair Nairn

There are crashes and then there are Crashes. But what turns an ordinary downturn into an era-defining crisis? What makes the difference between an event like the Wall Street Crash of 1929 and a brief bear market?The answer lies in financial speculative mania that appears to be making everyone rich, only to end up making everyone much, much worse off.Historian and professional investor Alasdair Nairn predicted both the dotcom and subprime collapses, and in this compelling new book shares the evidence that we are living through such a period of deadly excess right now. Markets appear to be going up and up, but they have got perilously ahead of themselves. Danger lies in every single investable asset class. What some have called the ‘Everything Bubble’ has inflated to unprecedented proportions.And now the bubble is about to burst.Nairn lays bare the level of danger with unprecedented detail and pieces together the steps that brought us to the precipice. Lastly, he points out options open to those willing to act now to avoid future harm to their wealth.As we near the end of the Everything Bubble, don’t be one of those caught out!

Genres: Finance, Economics, Business

152 pages, Kindle Edition

Published October 26, 2021

Reviews

[Literatures Movies · Rating 3 out of 5]

I find this book well written. It was quite general knowledge for people who are into finance, and economics I believe as there has been these worry going around for some time regarding the US debt, easy money and company valuations being too high due to quantitive easing the past decade or so with low interest rate and not really reflecting its actual value.

I think what this book does to me is basically reinforcing what I have learned so far about the current economic cycle, while filling in the holes where my knowledge are still lacking. I think this book will be a bit hard to read for those who are simply dipping their toes in economics as it does get a bit technical at times with a lot of graphs and it seems like the author write this for readers who are a bit more knowledgeable in regards to finance.

One gripe I had with the narrator as I listened on audiobook, the way he slurred what was supposed to be Deng Xiao Ping into something like Deng Xao Shing was odd. There were another instance when the narrator was pronouncing a foreign non English word or name where he did the same thing. I do not have the physical copy with me, but I really hope the book was written correctly because it would be really weird if he got something as simple as one of the most prominent leader of china's name wrong when the whole book was supposedly about analysis of US economy and players, to a certain extent global economy as well.

[Dan Zwirn · Rating 5 out of 5]

Created by a long-time colleague of Sir John Templeton just before the recent and largest-ever global asset bubble peaked in size, the book is a prescient argument for why the combination of grossly irresponsible monetary policy starting in 2012 with wildly profligate fiscal policy that accelerated in 2020 would lead to the present inflation (and, soon, likely stagflation) in which we now (and will) find ourselves.

[Rod Gerling · Rating 3 out of 5]

I feel one has to have a financial education to understand many of the authors concepts and arguments.

[Reader · Rating 5 out of 5]

good, quick read about current macroeconomic headwinds

[Jose Antonio La Rosa · Rating 5 out of 5]

Insightful

I fully agree.
Warren Buffett has about $300B in cash for a wise reason.
This book remind us that the “everything bubble” will pop anytime.

[Fearless Leader · Rating 4 out of 5]

In hindsight, this was a well timed publication. The everything bubble is popping as I write this. But, to those watching financial markets during the last few years none of this was surprising.