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Megathreats

Our Ten Biggest Threats, and How to Survive Them

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Megathreats

By: Nouriel Roubini
Narrated by: Kamran Khan
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About this listen

The bestselling author of Crisis Economics argues that we are heading towards the worst economic catastrophe of our lifetimes, unless we can defend against ten terrifying threats.

Renowned economist Nouriel Roubini was nicknamed 'Dr Doom,' until his prediction of the 2008 housing crisis and Great Recession came true—when it was too late. Now he is back with a much scarier prediction, one that we ignore at our peril. There are no fewer than ten overlapping, interconnected threats that are so serious, he calls them Megathreats. From the worst debt crisis the world has ever seen, to governments pumping out too much money, to borders that are blocked to workers and to many shipments of goods, to the rise of a new superpower competition between China and the U.S., to climate change that strikes directly at our most populated cities, we are facing not one, not two, but ten causes of disaster. There is a slight chance we can avoid them, if we come to our senses—but we must act now.

In the 1970s, the U.S. faced stagflation: high rates of inflation combined with stagnant employment and growth. Today, we are heading towards a Great Stagflation that will make the 1970s look like a walk in the park.

©2022 Nouriel Roubini (P)2022 Hachette Audio Economics Politics & Government Theory Banking Government Taxation China Socialism Great Recession Capitalism

Critic Reviews

"Roubini has surpassed even his high standards: the ten Megathreats he details are as scary as they are plausible. Forewarned is forearmed. Read and pay attention." (Martin Wolf)
All stars
Most relevant  
Mostly a long list of things that pose a potential threat to the global economy. Little analysis and lots of risk summaries

Collection of possible risks

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Halfway through I was thinking, "where are the other threats, every threat so far is basically money..." - maybe that's the point though. The second half was more varied and I ended up enjoying the whole thing, especially the takes on cryptocurrency.

Worth perservering

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This is a good overview of the mega trends happening globally in the current era, and what may pose devastating economic threats or even existential threats to humankind.

Good summary of megathreats

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Suffers from a lack of balance which may cause some readers to disregard the underlying issues and risks - which are nonetheless soundly arrived at. Quotes too many online news articles - which can be unreliable and always display the journalist’s preferences. Also Tasmania is not a country.

Interesting but a little unbalanced and sketchy on a few facts

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The reader, or narrator, used slack pronunciation (‘innernational stradegy’) and, distractingly, often stressed the wrong words in a sentence.

Poor performance by reader

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A really good read, a little concerning but very balanced and real. Provides food for thought. Thoroughly recommend.

Fantastic read - very measured

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easy to follow. non boring. in depth analysis. worried but with a better understanding

doctor realist delivers the truth

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