The New Great Depression: Winners and Losers in a Post-Pandemic World - REVIEW

by James Rickards

     The current crisis is not like 2008 or even 1929. The New Depression that has emerged from the COVID pandemic is the worst economic crisis in U.S. history. Most fired employees will remain redundant. Bankruptcies will be common, and banks will buckle under the weight of bad debts. Deflation, debt, and demography will wreck any chance of recovery, and social disorder will follow closely on the heels of market chaos. The happy talk from Wall Street and the White House is an illusion. The worst is yet to come. But for knowledgeable investors, all hope is not lost.

     In The New Great Depression, James Rickards, New York Times bestselling author of Aftermath and The New Case for Gold, pulls back the curtain to reveal the true risks to our financial system and what savvy investors can do to survive -- even prosper -- during a time of unrivaled turbulence. Drawing on historical case studies, monetary theory, and behind-the-scenes access to the halls of power, Rickards shines a clarifying light on the events taking place, so investors understand what's really happening and what they can do about it.

     A must-read for any fans of Rickards and for investors everywhere who want to understand how to preserve their wealth during the worst economic crisis in US history.

The New Great Depression: Winners and Losers in a Post-Pandemic World
by James Rickards
Portfolio-Penguin 
ISBN: 978-0-593-33027-2

Better Days Will Come Again: The Life of Arthur Briggs, Jazz Genius of Harlem, Paris, and a Nazi Prison Camp by Travis Atria - REVIEW

Born on the tiny island of Grenada, he set sail for Harlem during the Renaissance, then to Europe in the after­math of World War I, where he was among the first pioneers to introduce jazz music to the world. During the legendary Jazz Age in Paris, Briggs's trumpet provided the soundtrack while Hemingway, Fitzgerald, and the rest of the Lost Generation got drunk. By the 1930s, Briggs was considered "the Louis Armstrong of Paris," and was the peer of the greatest names of his time, from Josephine Baker to Django Reinhardt. Even during the Great Depression, he was secure as "the greatest trumpeter in Europe." He did not, however, heed warnings to leave Paris before it fell to the Nazis, and in 1940, he was arrested and sent to the prison camp at Saint Denis. What happened at that camp, and the role Briggs played in it, is truly unforgettable. 

Better Days Will Come Again, based on groundbreaking research and including unprecedented access to Briggs's oral memoir, is a crucial document of jazz history, a fast-paced epic, and an entirely original tale of survival. 

Travis Atria is the author, with Todd Mayfield, Of Traveling Soul: The Life of Curtis Mayfield. His work has appeared in Rolling Stone, Vanity Fair, Billboard, Wax Poetics, and other publications. He lives in Gainesville, Florida.

Better Days Will Come Again: The Life of Arthur Briggs, Jazz Genius of Harlem, Paris, and a Nazi Prison Camp
by Travis Atria
Chicago Review Press
ISBN: 978-0-914090-10-6

The Black Cabinet by Jill Watts - REVIEW

Offering a compelling history of the evolution, impact, and ultimate demise of a New-Deal-era hidden "cabinet" to Franklin Delano Roosevelt on racial affairs, historian Jill Watts' THE BLACK CABINET: The Untold Story of African Americans and Politics During the Age of Roosevelt (Grove Press; May 12,2020; ISBN: 978-0-8021-2910-9) illuminates the progress of black citizenship between Reconstruction and the modem Civil Rights movement. 

In 1932 in the midst of the Great Depression, Franklin Delano Roosevelt won the presidency with the help of key African American defectors from the Republican Party. At the time, most African Americans lived in poverty, denied citizenship rights and terrorized by white violence. As the New Deal began, a black Brain Trust joined the administration and began documenting and addressing the economic hardship and systemic inequalities African Americans faced. They became known as the Black Cabinet, but the environment they faced was reluctant, often hostile, to change. 

"Will the New Deal be a square deal for the Negro?" The black press wondered The Black Cabinet set out to devise solutions to the widespread exclusion of black people from its programs, whether by inventing tools to measure discrimination or by calling attention to the administration's failures. Led by Mary McLeod Bethune, an educator and friend of Eleanor Roosevelt, they were instrumental to Roosevelt's continued success with black voters. Operating mostly behind the scenes, they helped push Roosevelt to sign an executive order that outlawed discrimination in the defense industry. They saw victories—jobs and collective agriculture programs that lifted many from poverty—and defeats—the bulldozing of black neighborhoods to build public housing reserved only for whites; Roosevelt's refusal to get behind federal anti-lynching legislation. The Black Cabinet never won official recognition from the president, and with his death, it disappeared from view. But it had changed history. Eventually, one of its members would go on to be the first African American cabinet secretary; another, the first African American federal judge and mentor to Thurgood Marshall. 

Masterfully researched and dramatically told, THE BLACK CABINET brings to life a forgotten generation of leaders who fought post-Reconstruction racial apartheid and whose work served as a bridge that Civil Rights activists traveled to achieve the victories of the 1950s and '60s. 

Jill Watts is the author of Hattie McDaniel: Black Ambition, White Hollywood, Mae West: An Icon in Black and White, and God, Harlem USA: The Father Divine Story. She teaches in the History department at California State University San Marcos. 

"A well-researched, urgent, and necessary history of black folks during the New Deal that excavates the too often ignored history of black female genius behind racial progress."
 - Michael Eric Dyson, York Times bestselling author 

THE BLACK CABINET: The Untold Story of African Americans and Politics During the Age of Roosevelt
by Jill Watts
Grove Press
ISBN: 978-0-8021-2910-9