The Age of Deleveraging

  • by A. Gary Shilling
  • Narrated by Paul Michael Garcia
  • 19 hrs and 37 mins
  • Unabridged Audiobook

Publisher's Summary

Top economist Gary Shilling shows you how to prosper in the slow-growing and deflationary times that lie ahead.
While many investors fear a rapid rise in inflation, author Gary Shilling, an award-winning economic forecaster, argues that the global economy is going through a long period of deleveraging and weak growth, which makes deflation far more likely and a far greater threat to investors than inflation. Shilling explains with clear language and compelling logic why the world economy will struggle for several more years and what investors can do to protect and grow their wealth in the difficult times ahead. The investment strategies that worked for last 25 years will not work in the next 10 years. Shilling advises readers to avoid broad exposure to stocks, real estate, and commodities and to focus on high-quality bonds, high-dividend stocks, and consumer staple and food stocks.


Written by one of today's best forecasters of economic trends - twice voted by Institutional Investor as Wall Street's top economist
Clearly explains what to invest in, what to avoid, and how to cope with a deflationary, slow-growth economy
Demonstrates how Shilling has been consistently right about major economic trends since he began forecasting in the early 1980s
Filled with in-depth insights and practical advice, this timely guide lays out a convincing case for why investors need to be prepared for a long period of weak growth and deflation - not inflation - and what you can do to prosper in the difficult times ahead.

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Customer Reviews

Most Helpful

Took a while and quite repetitive

This is a good book, but the points could be much more snappy and don't require as much story as the author provides. The tips for investment are a brief summary at the end, so don't read it only for that.
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- Joseph Millott

Book Details

  • Release Date: 06-08-2012
  • Publisher: Audible Studios