James Dale Davidson

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James Dale Davidson is an American private investor and investment writer, co-writer of the newsletter Strategic Investment,[1] and co-author with William Rees-Mogg of The Sovereign Individual, The Great Reckoning (1991),[1][2][3] and Blood in the Streets: Investment Profits in a World Gone Mad (1987[4]). 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.

Davidson is also the founder and former head of the National Taxpayers Union.[5] On his website, Davidson is said to be a "famous economist",[6] 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.[7] 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."[8]

References[edit]

  1. ^ a b Tom Lucas, "UK: Book Review - The great reckoning - A global warning on wealth", Management Today, 01 May 1992, http://www.managementtoday.co.uk/news/409185/UK-Book-Review---great-reckoning---global-warning-wealth/?DCMP=ILC-SEARCH
  2. ^ "The Great Reckoning" (Review), Kirkus Reviews, August 1, 1991, https://www.kirkusreviews.com/book-reviews/james-dale-davidson/the-great-reckoning/
  3. ^ Will Hutton, "Beware the Ides of Mogg", London Review of Books, April 9, 1992, http://www.lrb.co.uk/v14/n07/will-hutton/beware-the-ides-of-mogg
  4. ^ "BLOOD IN THE STREETS: Investment Profits in a World Gone Mad" (Review), Kirkus Reviews, June 1, 1987, https://www.kirkusreviews.com/book-reviews/james-dale-with-william-rees-mogg-davidson/blood-in-the-streets-investment-profits-in-a-wo/
  5. ^ "Taxpayers Union fought for 21 years". The Washington Times. 1995-01-31. Retrieved 2008-04-11. 
  6. ^ JL Yastine, "80% Stock Market Crash To Strike in 2016, Economist Warns" August 22, 2016, Retrieved August 25, 2016
  7. ^ Susan Schmidt, “TWO YEARS AFTER FOSTER'S DEATH, CONSPIRACY THEORIES THRIVE”, Washington Post, July 4, 1995, Retrieved August 16, 2017
  8. ^ "Hyperinflation for sale: Newsmax and Dick Morris cash in on anti-Obama rhetoric", Media Matters, April 26, 2010, Retrieved August 16, 2017