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The Dollar Crisis

By Richard Duncan

Product Image: The Dollar Crisis

The Dollar Crisis

By Richard Duncan

Only 2 items left in stock
Description
REVIEWS FROM THE FIRST EDITION "Posterity may remember The Dollar Crisis as a seminal book in the field of twenty-first century economics. Indeed, rarely has a book offered such a grim yet well argued view of the current economic situation facing the world." -Steven Irvine FinanceAsia "Richard Duncan crisply explains why payback time for years of U.S. credit excesses, payments imbalances, and securitized sub-par lending is imminent. Mr. Greenspan, your time is up." -Philip Bowring International Herald Tribune In this revised edition of the highly acclaimed international bestseller, The Dollar Crisis: Causes, Consequences, Cures, Richard Duncan describes the flaws in the international monetary system that have destabilized the global economy and that may soon culminate in a deflation-induced worldwide economic slump. The Dollar Crisis is divided into five parts.The first four parts have been left as they appeared in the original edition of the book. The seven chapters that comprise Part Five are entirely new. Part One describes how the U.S. trade deficits, which now exceed U.S.$1 million a minute, have destabilized the global economy by creating a worldwide credit bubble. Part Two explains why these giant deficits cannot persist and why a U.S. recession and a collapse in the value of the dollar are unavoidable. Part Three analyzes the extraordinarily harmful impact that a U.S. recession and collapse of the dollar would have on the rest of the world. Part Four offers original recommendations that, if implemented, would help mitigate the damage of the coming worldwide downturn and put in place the foundations for balanced and sustainable economic growth in the decades ahead. Part Five describes the extraordinary evolution of this crisis since the first edition was completed in September 2002. It also considers how the dollar crisis is likely to unfold over the years immediately ahead, the likely policy response to the crisis, and why that response is unlikely to succeed. The dollar standard is inherently flawed and increasingly unstable. Its collapse will be the most important economic event of the twenty-first century.
Product details
Binding:
Paperback
Edition:
1
Number of Pages:
288
Release Date:
2005-03-23
Publication Date:
2005-06-01
Publisher:
Wiley
Languages:
Original: English
ISBN10:
0470821701
ISBN13:
9780470821701
GPSR Manufacturer Reference:
[email protected]
Weight:
491 g
Height:
152 cm
Width:
229 cm
Thickness:
19 cm
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The items bear minimal signs of past use, such as light scratches or memories in the form of markings. These signs of wear give the items a charming character and tell stories of their previous owners, while not affecting their functionality.
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