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The Meltdown Years: The Unfolding of the Global Economic Crisis

Wolfgang Munchau

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The Meltdown Years: The Unfolding of the Global Economic Crisis

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Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
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The Meltdown Years: The Unfolding of the Global Economic Crisis

Regular price Save up to 40%
Unit price
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Condition guide
ISBN: 9780071634786
Publisher: McGraw Hill
Date of Publication: 2009-09-29
Format: Hardcover
Related Collections: Economics, Business, Politics
Goodreads rating: 3.83
(rated by 29 readers)

Description

The Meltdown Years offers the most lucid and useful explanation to date about why home values, life savings, job security, and investments around the world are in peril. Rather than focus on who is to blame, though, author Wolfgang Münchau takes the more practical approach of focusing on what is to blame. The fact that individuals were stupid, greedy, and corrupt should come as no surprise. What’s remarkable is that our world’s financial systems―put in place to help stave off such a crisis―failed so miserably. What is inherently wrong with the global monetary system? What happened to the regulatory process? What role did the credit market, hedge funds, and investment banks play? These are the types of questions one must answer in order to truly comprehend what caused the meltdown and, more importantly, to understand what must be done to repair it. Münchau dissects the global financial system, exposing its flaws and weaknesses in the context of the crisis. A decidedly global perspective of the greatest financial crisis of our time, The Meltdown Years examines
 

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

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