The Pivot

The Global Financial Crisis was not an event but the third in a mounting pattern of near misses. It is not over. Debt has not decreased, it has jumped 50% in the past decade to $215 trillion globally.

The rescue is not working. It is a trap. Eddie Hobbs charges that Plan A, the economic interventions relied upon by Central Banks to test the very edges of the elasticity of paper money, may come to be recognised as the most damaging doctrine carried forward from the 20th century.

The book is tackling some of the toughest questions of our time: Is the global recovery fake? Are asset values, including Irish property, artificially inflated? What is likely to happen as the destiny with excessive debt plays out? How did the modern State develop and how will it be forced to reinvent itself to deliver on key social promises like old age pensions?

Eddie Hobbs has done what he did in the Rip Off Republic TV series, he has joined the dots in an accessible and pacey book that maps out what you can do to prepare your Plan B, what to sell, what to buy and why.

Whether, you’re paying off debt or keeping money in banks, property, pensions, superannuation schemes, the post office or buried under the carpet, you need to read this book.