The Great Deleveraging: Economic Growth and Investing Strategies for the Future

In a World of Debt and Bubbles, Learn Important Lessons to Navigate These Turbulent Times

In the past decade, the United States experienced two periods of excessive growth followed by two massive financial collapses: the technology and housing bubbles. Both were caused by illusions of growth and wealth creation: Much of the foundation was not real. As an investor, how can you distinguish between “fake” growth and the real thing? What disciplines help you find solid returns and provide warning signs about bubbles?

Former Wall Street analyst, strategist, and Associate Director of Equity Research Chip Dickson and leading global business scholar Oded Shenkar first identify the policies and characteristics of societies most likely to generate real economic growth and investor wealth. Next, they outline specific lessons learned about bubbles and growth from nearly a century of investment returns. Finally, they identify global markets and sectors that appear well poised for sustainable growth.

In the wake of massive debt creation, history’s greatest deleveraging is now underway. For many investors, the next decade will be brutal. This book’s messages are designed to help achieve real profits and create real wealth. They are meant to help you navigate a challenging environment--and, hopefully, thrive.

• Massive debt in the United States
  Where it came from and its implications
• Stable economies, stable industries, solid investments
  Thoughts on finding solid, sustainable growth opportunities in an unstable global economy
• Lessons from 90 years of real asset class returns
  The history may surprise you, and it should give you greater perspective
• Long-term opportunities from three emerging economies
  Markets that appear poised for sustainable, real growth