The Disintegration of the Worlds Financial System

The Disintegration of the Worlds Financial System PDF Author: Rolf A. F. Witzsche
Publisher: Lulu.com
ISBN: 1897046936
Category :
Languages : en
Pages : 223

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Book Description

The Disintegration of the Worlds Financial System

The Disintegration of the Worlds Financial System PDF Author: Rolf A. F. Witzsche
Publisher: Lulu.com
ISBN: 1897046936
Category :
Languages : en
Pages : 223

Get Book Here

Book Description


The Disintegration of the World's Financial System

The Disintegration of the World's Financial System PDF Author: Rolf A. F. Witzsche
Publisher: Createspace Independent Publishing Platform
ISBN: 9781535586474
Category :
Languages : en
Pages : 222

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Book Description
Research by Rolf Witzsche, exploring the fallacies in modern economics. Yes the 'giant' has become an empty shell; the world's financial system has been in a state of gradual disintegration for decades towards the inevitable catastrophe that now many fear, few dare to acknowledge, and fewer still might survive the consequences of that are already looming on the horizon. We are rushing towards a New Dark Age of which unemployment, homelessness, slavery, and war are but a few early tell-tale 'ripples.' While the world-financial system cannot be saved in its present form, mankind can still be saved if the deeply fundamental mistakes are reversed in time in its financial foundation that supports the world's economies, some of which are failures by intent. The book presented here, The Disintegration of the World's Financial System, is Volume 1A of the research series, Discovering Infinity. The book is based in some degree on works by Lyndon H. LaRouche Jr.. and others. It was first published in 2003 and has been updated several times thereafter. This is a ewprint of the latest edition.

The Age of Instability

The Age of Instability PDF Author: David Smith
Publisher: Profile Books
ISBN: 1847651917
Category : Business & Economics
Languages : en
Pages : 305

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Book Description
Bored with endless grandstanding and people being wise after the event? Then The Age of Instability is the one book you should read on the financial crisis. Setting the near collapse of the international financial markets and banking system in a global and historical context, Sunday Times economics editor and bestselling author David Smith looks not only at the political and economic factors that contributed to the fall of Lehmans, collapse of Iceland and disintegration of the subprime mortgage market but also at the emergence of a culture of risk and greed that made it possible to believe that greed was good and the good times would last forever. It provides an authoritative yet accessible guide to what happened, where, and when with practical suggestions for what needs to happen next.

The Meltdown Years: The Unfolding of the Global Economic Crisis

The Meltdown Years: The Unfolding of the Global Economic Crisis PDF Author: Wolfgang Munchau
Publisher: McGraw Hill Professional
ISBN: 0071713689
Category : Business & Economics
Languages : en
Pages : 273

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Book 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 The structure of the world banking system Global events that led to financial collapse The growth of speculative bubbles The descent from financial crisis into full-out recession Pointing to an unstable global economic system as the root of the problem, the author predicts how long the recession willand illustrates long-term consequences of the meltdown. “Apportioning [individual] blame for this crisis may be fun,” Münchau writes, “but it is a dead-end road for anyone who seeks an understanding of what happened.” AIG, Alan Greenspan, Fannie Mae, Bear Stearns... Each is portrayed as a villain responsible for the state of the economy. In truth, the blame is much broader and lies much deeper. The Meltdown Years is required reading for anyone who wants to follow the ongoing debate about economic recovery and understand what the collapse means for the future of financial capitalism.

Alchemists of Loss

Alchemists of Loss PDF Author: Kevin Dowd
Publisher: John Wiley & Sons
ISBN: 047068996X
Category : Business & Economics
Languages : en
Pages : 433

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Book Description
An engaging look at how modern finance almost destroyed our global economy Over the last thirty years, capital markets have been restructured through the tenets of modern finance. This has been enormously profitable for the financial services sector. However, these innovations, coupled with unsound risk and regulatory practices have proved disastrous for the global economy. In a clear and accessible style, ex-investment banker and financial journalist Martin Hutchinson, and highly respected academic, Kevin Dowd show how modern finance combined with easy money threatened to bring down the world financial system. At the heart of the book is modern finance as a U.S. invention, the theories and practices associated with them, and the changes they made in business models and risk management on Wall Street and other major financial centers. Breaks down the events involved in the 2007-08 financial collapse Reveals how botched policy response made a bad situation worse Focuses on lessons that the practice of finance must learn from recent events The Alchemists of Loss will help you to understand how our financial system crashed and show you what it will take to make sure this won't happen again as we move forward.

On the Brink

On the Brink PDF Author: Henry M. Paulson Jr.
Publisher: Business Plus
ISBN: 1455582476
Category : Business & Economics
Languages : en
Pages : 371

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Book Description
Former Secretary of the Treasury Hank Paulson -- who was at the very epicenter of the crashing financial markets -- provides a startling, first- person account of what really happened during this time of global financial crisis - and this revised edition features fresh and original material from Paulson on the five-year-anniversary of the 2008 financial crisis. From the man who was in the very middle of this perfect economic storm, Paulson puts the reader in the room for all the intense moments as he addressed urgent market conditions, weighed critical decisions, and debated policy and economic considerations with of all the notable players-including the CEOs of top Wall Street firms as well as Ben Bernanke, Timothy Geithner, Sheila Bair, Nancy Pelosi, Barney Frank, presidential candidates Barack Obama and John McCain, and then-President George W. Bush. More than an account about numbers and credit risks gone bad, On the Brink is an extraordinary story about people and politics-all brought together during the world's impending financial Armageddon.

The New Empire of Debt

The New Empire of Debt PDF Author: William Bonner
Publisher: John Wiley & Sons
ISBN: 0470528710
Category : Business & Economics
Languages : en
Pages : 371

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Book Description
An updated look at the United States' precarious position given the recent financial turmoil In The New Empire of Debt, financial writers Bill Bonner and Addison Wiggin return to reveal how the financial crisis that has plagued the United States will soon bring an end to this once great empire. Throughout the book, the authors offer an updated look at the United States' precarious position given the recent financial turmoil, and discuss how government control of the economy and financial system-combined with unfettered deficit spending and gluttonous consumption-has ravaged the business environment, devastated consumer confidence, and pushed the global economy to the brink. Along the way, Bonner and Wiggin cast a wide angle lens that looks back in history and ahead to the coming century: showing how dramatic changes in the economic power of the United States will inevitably impact every American. Reveals the financial realities the United States currently faces and what the ultimate outcome may be Weaves together the worlds of politics, economics, and personal finance in a way that underscores the severity of the situation Addresses the events leading up to the implosion of the U.S. financial system Looks ahead to help you avoid the pitfalls presented by a weaker United States Other titles by Bonner: Empire of Debt, Financial Reckoning Day, and Mobs, Messiahs, and Markets Other titles by Wiggin: I.O.U.S.A., Demise of the Dollar, and Financial Reckoning Day The United States is heading down a difficult path. The New Empire of Debt clearly shows how this has happened and discusses what you can do to overcome the financial challenges that will arise as the situation deteriorates.

The Death of Money

The Death of Money PDF Author: James Rickards
Publisher: Penguin
ISBN: 1591847710
Category : Business & Economics
Languages : en
Pages : 386

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Book Description
The next financial collapse will resemble nothing in history. . . . Deciding upon the best course to follow will require comprehending a minefield of risks, while poised at a crossroads, pondering the death of the dollar. The U.S. dollar has been the global reserve currency since the end of World War II. If the dollar fails, the entire international monetary system will fail with it. But optimists have always said, in essence, that confidence in the dollar will never truly be shaken, no matter how high our national debt or how dysfunctional our government. In the last few years, however, the risks have become too big to ignore. While Washington is gridlocked, our biggest rivals—China, Russia, and the oil-producing nations of the Middle East—are doing everything possible to end U.S. monetary hegemony. The potential results: Financial warfare. Deflation. Hyperinflation. Market collapse. Chaos. James Rickards, the acclaimed author of Currency Wars, shows why money itself is now at risk and what we can all do to protect ourselves. He explains the power of converting unreliable investments into real wealth: gold, land, fine art, and other long-term stores of value.

Saving the City

Saving the City PDF Author: Richard Roberts
Publisher: Oxford University Press, USA
ISBN: 0199646546
Category : Business & Economics
Languages : en
Pages : 320

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Book Description
A week before the outbreak of the First World War, an acute financial crisis surged over London: the Stock Exchange closed; money markets worldwide were paralysed. Drawing on diaries, letters, memoirs, press reports, and official archives, this book tells the extraordinary, and largely unknown, story of the first true global financial crisis.

On the Brink

On the Brink PDF Author: Henry M. Paulson
Publisher: Business Plus
ISBN: 1455502952
Category : Business & Economics
Languages : en
Pages : 365

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Book Description
When Hank Paulson, the former CEO of Goldman Sachs, was appointed in 2006 to become the nation's next Secretary of the Treasury, he knew that his move from Wall Street to Washington would be daunting and challenging. But Paulson had no idea that a year later, he would find himself at the very epicenter of the world's most cataclysmic financial crisis since the Great Depression. Major institutions including Bear Stearns, Fannie Mae, Freddie Mac, Lehman Brothers, AIG, Merrill Lynch, and Citigroup, among others-all steeped in rich, longstanding tradition-literally teetered at the edge of collapse. Panic ensnared international markets. Worst of all, the credit crisis spread to all parts of the U.S. economy and grew more ominous with each passing day, destroying jobs across America and undermining the financial security millions of families had spent their lifetimes building. This was truly a once-in-a-lifetime economic nightmare. Events no one had thought possible were happening in quick succession, and people all over the globe were terrified that the continuing downward spiral would bring unprecedented chaos. All eyes turned to the United States Treasury Secretary to avert the disaster. This, then, is Hank Paulson's first-person account. From the man who was in the very middle of this perfect economic storm, ON THE BRINK is Paulson's fast-paced retelling of the key decisions that had to be made with lightning speed. Paulson puts the reader in the room for all the intense moments as he addressed urgent market conditions, weighed critical decisions, and debated policy and economic considerations with of all the notable players-including the CEOs of top Wall Street firms as well as Ben Bernanke, Timothy Geithner, Sheila Bair, Nancy Pelosi, Barney Frank, presidential candidates Barack Obama and John McCain, and then-President George W. Bush. More than an account about numbers and credit risks gone bad, ON THE BRINK is an extraordinary story about people and politics-all brought together during the world's impending financial Armageddon.