The meltdown years the unfolding of the global economic crisis

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The Meltdown Yearsoffers the most lucid and useful explanation todate about why home values, life savings, jobsecurity, and investments around the worldare in peril. Rather than focus on who is to bl...
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The Meltdown Yearsoffers the most lucid and useful explanation todate about why home values, life savings, jobsecurity, and investments around the worldare in peril. Rather than focus on who is to blame,though, author Wolfgang Munchau takes themore practical approach of focusing on what isto blame. The fact that individuals were stupid,greedy, and corrupt should come as no surprise.Whats remarkable is that our worldsfinancial systems-put in place to help staveoff such a crisis-failed so miserably. What is inherently wrong with the globalmonetary system? What happened to theregulatory process? What role did the creditmarket, hedge funds, and investment banksplay? These are the types of questions onemust answer in order to truly comprehendwhat caused the meltdown and, more importantly,to understand what must be done torepair it. Munchau dissects the global financial system,exposing its flaws and weaknesses in thecontext of the crisis.
Uitgever McGraw-Hill Book Company
Druk 1
ISBN/EAN 9780071634786
Auteur Munchau, w.
Vakken economie en ondernemen

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