World is Curved
(Sprache: Englisch)
Why did a relatively minor problem in the US subprime mortgage market nearly collapse the entire global financial system? Financial insider David Smick argues that the Credit Crunch of 2007-08 exposed a thicket of hidden problems that is now threatening the...
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Why did a relatively minor problem in the US subprime mortgage market nearly collapse the entire global financial system? Financial insider David Smick argues that the Credit Crunch of 2007-08 exposed a thicket of hidden problems that is now threatening the entire global economy.Global financial markets have become a giant cauldron of uncertainty. Central bankers are losing power; China is out of control; pensions and money market funds are at risk; and worldwide class warfare and protectionism are rising. Today's raging financial system is a house of cards - a lot closer to collapsing than most people realise. Picking up from where Thomas L. Friedman's The World is Flat left off, Smick focuses on the globalisation of finance and how today's risky and bumpy environment came about. He provides an insider's perspective on the current crisis and the potential nightmare scenarios of the future. The subprime crisis was just the beginning...
Autoren-Porträt von David Smick
David Smick is an economics advisor who has worked with the world's leading financial institutions. He is also the editor of The International Economy journal. He lives in Washington DC, USA.
Bibliographische Angaben
- Autor: David Smick
- 2008, Maße: 16,1 x 3,4 cm, Gebunden, Englisch
- Verlag: Marshall Cavendish c/o Times E
- ISBN-10: 0462099350
- ISBN-13: 9780462099354
Sprache:
Englisch
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