The Global Debt Crisis and How We Can Get Out of It Contributor(s): Goodwin, Jason (Author) |
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ISBN: 1491795131 ISBN-13: 9781491795132 Publisher: iUniverse
WE WILL NOT BE UNDERSOLD! Click here for our low price guarantee Binding Type: Paperback Published: September 2016 |
Additional Information |
BISAC Categories: - Business & Economics | Finance - General - Business & Economics | International - Economics |
Physical Information: 0.47" H x 5" W x 8" L (0.50 lbs) 204 pages |
Descriptions, Reviews, Etc. |
Publisher Description: "People of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." Those words come from Henry Ford, and they are truer today than ever. Banks continue to purchase assets with other people's money, which contributed to the global debt crisis that devastated so many individuals and families. Jason Goodwin, a lifelong student of the economy, outlines how the banking and monetary system work in this book that not only informs but will make you downright angry. He focuses on topics such as - countries like Greece that are hamstrung by massive debt, He also examines how banks become investors when companies offer shares to the public via initial public offerings. Banks use other people's money to become the largest investors of these companies, which can cause massive socio-economic problems. Get truthful answers on why the world is suffering a debt crisis along with practical solutions to solve the problem with this insightful overview of the global economy. |
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