Screen LibraryEndgame : the end of the debt supercycle and how it changes everything /
"An exhaustive look at world markets and why the economy has been so unpredictable Greece isn't the only country drowning in debt. The Debt Supercycle?when the easily managed, decades-long growth of debt results in a massive sovereign debt and credit crisis?is affecting developed countries...
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| Literature type: | Book |
| Language: | English |
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| Summary: |
"An exhaustive look at world markets and why the economy has been so unpredictable Greece isn't the only country drowning in debt. The Debt Supercycle?when the easily managed, decades-long growth of debt results in a massive sovereign debt and credit crisis?is affecting developed countries around the world, including the United States. For these countries, there are only two options, and neither is good?restructure the debt or reduce it through austerity measures. The End Game details the Debt Supercycle and the sovereign debt crisis, and shows that, while there are no good choices, the wors |
| Carrier Form: | xiii, 318 p. : ill. ; 24 cm. |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: |
9781118800027 : 1118800028 : |
| Index Number: | HG3701 |
| CLC: | F810.5 |
| Call Number: | F810.5/M449 |
| Contents: | pt. 1. The end of the debt supercycle : The beginning of the end ; Why Greece matters ; Let's look at the rules ; The burden of lower growth and more frequent recessions ; This time is different ; The future of public debt: an unsustainable path ; The elements of deflation ; Inflation and hyperinflation -- pt. 2. A world tour: who will face endgame first? : The United States: the mess we find ourselves in ; The European periphery: a modern-day gold standard ; Eastern European problems ; Japan: a bug in search of a windshield ; The United Kingdom: how to quietly inflate away your debt ; Austr |