In this book, Davidson and Rees-Mogg offer their predictions: the collapse of the welfare state worldwide; the Japanese stock, bond and real estate markets will continue their uncontrollable downward spiral, and Japanese banks will face enormous losses. As a result, Japan may face a military coup; the Democratic party will not, after their 1992 success, win the White House for another twenty-five years. But even with the world's economy in a dramatic downturn, there are still ways to make money. The revised edition of "The Great Reckoning" provides hundreds of investment tips and forecasts as well as fifteen ways to build a solid financial foundation.