Crisis Economics

Crisis Economics

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In this myth-busting book Nouriel Roubini shows that everything we think about economics is wrong. Financial crises are not unpredictable 'black swans', but an inherent part of capitalism. Only by remaking our financial systems to acknowledge this, can we get out of the mess we're in. Will there be another recession, and if so what shape? When will the next bubble occur? What can we do about it? Here Roubini gives the answers, and lists his commandments for the future.... for example) or that have a lot of their citizens working abroad (the Philippines and some Central American economies), so leta#39;s ... That may seem strange, since Japana#39;s government has issued an astonishing amount of debt; one might expect it to be ... That spending too was heavily financed by overseas investors, who snapped up securities derived from American mortgages and credit card debt.

Title:Crisis Economics
Author: Nouriel Roubini
Publisher:Penguin UK - 2011-05-05

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