The Greatest Crash argues that the financial system which evolved from the early Italian bankers has now reached a roadblock. The weight of debt already created prevents further economic expansion, while paying down the debt shrinks economies. To escape this trap, evolution is needed. But bureaucratic design, delegated government, and group think, all combine to prevent evolution.
How contradictory policies are sinking the global economy
Paperback
Publication Date: 01/11/2011
"Radical thinkers might have a point" - Financial Times
The Greatest Crash argues that the financial system which evolved from the early Italian bankers has now reached a roadblock. The weight of debt already created prevents further economic expansion, while paying down the debt shrinks economies. To escape this trap, evolution is needed. But bureaucratic design, delegated government, and group think, all combine to prevent evolution.
The Greatest Crash argues that the financial system which evolved from the early Italian bankers has now reached a roadblock. The weight of debt already created prevents further economic expansion, while paying down the debt shrinks economies. To escape this trap, evolution is needed. But bureaucratic design, delegated government, and group think, all combine to prevent evolution.
- ISBN:
- 9781907230318
- 9781907230318
- Category:
- Economic & financial crises & disasters
- Format:
- Paperback
- Publication Date:
- 01-11-2011
- Language:
- English
- Publisher:
- Sparkling Books Ltd
- Country of origin:
- United Kingdom
- Pages:
- 192
- Dimensions (mm):
- 218x140x14mm
- Weight:
- 0.29kg
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You can find this item in:
Finance
Personal finance
International economics
Economics
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Economic & financial crises & disasters
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