Name James Davidson Role Writer | ||
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Books The Sovereign Individual, The great reckoning, Brazil Is the New America, Blood in the Streets: Investme, Ranking Faiths: Religious | ||
James dale davidson economic collapse
James Dale Davidson is an American private investor and investment writer, co-writer of the newsletter Strategic Investment, and co-author with William Rees-Mogg of The Sovereign Individual, The Great Reckoning (1991), and Blood in the Streets: Investment Profits in a World Gone Mad (1987). He also wrote The Plague of the Black Debt - How to Survive the Coming Depression in 1993 where he incorrectly predicted that as part of a "deep depression...Clinton is going to be a one-term president...I am as sure of this as I am that the sun will rise tomorrow" and that the national debt would increase by a trillion dollars during Clinton's "one-term" presidency. He further wrote in the book that Boris Yeltsin, President of the Russian Federation, would lose his job and that Russia will come under the control of a nationalist, militarist regime. He has been credited with predicting the U.S. Subprime mortgage crisis, though much earlier than it actually occurred.
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Davidson is also the founder and former head of the National Taxpayers Union. On his website, Davidson is said to be a "famous economist", and although he has written several books on economic analysis, he has not taken any formal university degree in that field or published in any peer-reviewed journal.
In his books and his monthly newsletter, Strategic Investment, Davidson has promoted conspiracy theories claimed to link the Clinton administration to the death of Vince Foster, a Deputy White House Counsel during the first half-year Clinton's administration. Foster’s death was deemed a suicide by five official or governmental investigations.
Davidson is an original investor and board member of the conservative news site, Newsmax, and in February 2010 posted a video on the related website AftershockProfits.com, claiming that "supposed improvements" to economy during the Clinton administration were "faked by the government" and a "hoax."