The Trillion Dollar Meltdown

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The Trillion Dollar Meltdown

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The Trillion Dollar Meltdown

By: Charles R. Morris

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Rs 1,495.00

Due to constant currency fluctuation, prices are subject to change with or without notice.

The sub-prime mortgage crisis is only the beginning: A more profound economic and political restructuring is on its way.We are living in the most reckless financial environment in recent history. Arcane credit derivative bets are now well into the tens of trillions.According to Charles R Morris, the astronomical leverage at investment banks and their hedge fund and private equity clients virtually guarantees massive disruption in global markets. The crash, when it comes, will have no firebreaks. A quarter century of free-market zealotry that extolled asset stripping, abusive lending and hedge fund secrecy will come crashing down with it."The Trillion Dollar Meltdown" explains how we got here and what is about to happen. After the crash our priorities will be quite different. But things are likely to get worse before they get better. This book will be indispensable to understanding the gross excess that has put the world economy on the brink - and what the new landscape will look like.

Publication Date:

01/01/1900

Number of Pages::

100

Binding:

Hard Back

ISBN:

9781586485634

Categories:

Economics

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Book Details

Publisher Date:

01/01/1900

Number of Pages::

100

Binding:

Hard Back

ISBN:

9781586485634

Categories:

Economics, Books, , Online Book Bazaar, Online Book Bazaar, Sale, Booklovers Friday Upto 80% OFF, 25% Discount, Booklovers Friday Upto 80% OFF,

Description

The sub-prime mortgage crisis is only the beginning: A more profound economic and political restructuring is on its way.We are living in the most reckless financial environment in recent history. Arcane credit derivative bets are now well into the tens of trillions.According to Charles R Morris, the astronomical leverage at investment banks and their hedge fund and private equity clients virtually guarantees massive disruption in global markets. The crash, when it comes, will have no firebreaks. A quarter century of free-market zealotry that extolled asset stripping, abusive lending and hedge fund secrecy will come crashing down with it."The Trillion Dollar Meltdown" explains how we got here and what is about to happen. After the crash our priorities will be quite different. But things are likely to get worse before they get better. This book will be indispensable to understanding the gross excess that has put the world economy on the brink - and what the new landscape will look like.

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