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Book

Great Depression of 1990

1988

Synopsis

"The Great Depression of 1990" by Ravi Batra is a book that predicts an economic downturn in the United States in the early 1990s. Batra, an economist, argues that the country is headed for a severe recession due to factors such as high levels of debt, overvalued real estate, and a widening gap between the rich and the poor. He suggests that government policies and corporate greed are contributing to the impending crisis. Batra's predictions were controversial at the time of the book's publication in 1985, but some of his warnings about economic imbalances and the potential for a financial crisis resonated with readers.

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