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The Greatest Crash
How Contradictory Policies Are Sinking the Global Economy
Sofort lieferbar | Lieferzeit: Sofort lieferbar I
ISBN-13:
9781907230356
Veröffentl:
2011
Seiten:
192
Autor:
David Kauders
eBook Typ:
EPUB
Kopierschutz:
Adobe DRM [Hard-DRM]
Sprache:
Englisch
Beschreibung:
"e;Radical thinkers might have a point"e; - 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.
"Radical thinkers might have a point" Financial Times "One of the things we need now is new thinking on the fundamentals... Most readers will learn a good deal from his provocative insights."Emeritus Prof. David Myddelton The roadblock in finance: the financial system limit The book explains why the financial system that evolved from the early Italian bankers can expand no further. Then it examines the contradictions, wishful thinking and paradoxes that give rise to so much financial trouble. To escape this system limit, evolution is needed, but the obsession with regulation and conformity act to prevent evolution