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Debt and Delusion Peter Warburton

Debt and Delusion By Peter Warburton

Debt and Delusion by Peter Warburton


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New RRP £9.99
Condition - Very Good
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Summary

There is an unexploded bomb in the global financial system, threatening to bring the greatest disruption to the lives of people since the Depression on the 1930s. This volume looks at how this economic timebomb has been created by unchecked credit expansion and the potential havoc it could wreak.

Debt and Delusion Summary

Debt and Delusion: Central Bank Follies That Threaten Economic Disaster by Peter Warburton

There is an unexploded bomb in the global financial system, threatening to bring the greatest disruption to the lives of people since the Depression on the 1930s. This potential explosion has been created by dereliction of duty by the world's largest central banks, which have helped to create an unsustainable illusion of personal wealth and national prosperity, exposing the public to uninsurable risks in the process. This volume looks at how this economic timebomb has been created by unchecked credit expansion and the potential havoc it could wreak.

Table of Contents

A clearing of the mist; inflation - public enemy number one; the pied pipers of Zurich; banks reproved and re-invented; the rise and rise of the financial markets; throwing caution to the wind; risk markets and the paradox of stability; the illusion of unlimited savings; the bloated bond markets; the erosion of credit quality; the phoney auction of private savings; the separation of financial value from economic reality; borrowed time.

Additional information

GOR001390434
9780140277524
0140277528
Debt and Delusion: Central Bank Follies That Threaten Economic Disaster by Peter Warburton
Used - Very Good
Paperback
Penguin Books Ltd
2000-01-27
352
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - Debt and Delusion