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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 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 financial crisis and the potential nightmare scenarios of the future. The subprime crisis was just the beginning...
| Publication Date: | 30/11/-0001 |
| Number of Pages: | 320 |
| Binding: | Hard Back |
| ISBN: | RP9781591842187 |
| Categories: | Books starting from Rs.100 RP - Current Affairs Books starting from Rs.100 Books Sale Education and Reference Non Fiction Online Book Bazar Up To 60% 15% OFF |
