{"title":"Leigh Skene","description":null,"products":[{"product_id":"impoverishment-of-nations-book-leigh-skene-9781846683329","title":"The Impoverishment of Nations","description":"Early in 2007 Leigh Skene warned of the danger of a meltdown in global markets. Now, while governments spend furiously to rescue the global economy, he again challenges received wisdom. In The Impoverishment of Nations, he prescribes a different solution, outlining a plan to deal with a very different economic future, following the financial crisis that ended the longest period of prosperity for some five hundred years.   We have entered a period of uncertainty, which has placed a huge burden on public finances. Governments have spent $10 trillion on bailing out financial institutions and other firms, including General Motors. We are at a tipping point and the future will be unlike the past - one of the most dangerous economic stages any generation can face.  In his penetrating analysis, Leigh Skene traces how we got here and what has to happen for the global economy to recover the ground it has lost in less than two years. He looks at the shift of economic power to emerging nations, the inevitability of deflation, the unfitness for purpose of the financial markets, how governments' share of output must shrink, how solvency not liquidity caused the current crisis, and how it is wrong to think you can borrow your way to growth.","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49611137646865,"sku":"GOR002045428","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1846683327.jpg?v=1750963989"},{"product_id":"surviving-the-debt-storm-book-leigh-skene-9781781251058","title":"Surviving the Debt Storm","description":"Banking system collapses have annihilated credit markets and even the few borrowers with investment grade credit ratings cannot borrow. Conditions are worse than when the monetary system collapsed in 1931. Government revenue streams have shrunk to a trickle and services have shrivelled commensurately. Benefits are virtually non-existent, so protests, civil disobedience and riots continue to rise. Developed nation hope for emerging nation growth to provide export markets vanished with China plummeting into prolonged recession. Instead, China is trying to distract its increasingly restive population from their problems with an aggressive foreign policy over military control of the South China Sea ...  Can this actually happen? Indeed it can! In fact, this book is a searing indictment of the agenda now adopted by governments and central banks, which is likely to result in yet more bank failures, countries leaving the eurozone, dysfunctional capital markets and higher taxes and reduced government services and benefits.  Yet it is still not too late to choose a different path that will help put capitalism back on track. Skene and Kidd outline what that path should be to ensure a prosperous rather than austere future.","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49648566305041,"sku":"GOR004876485","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":51326083531025,"sku":"CIN1781251053G","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1781251053.jpg?v=1758968538"}],"url":"https:\/\/www.worldofbooks.com\/en-gb\/collections\/author-books-by-leigh-skene.oembed","provider":"World of Books ","version":"1.0","type":"link"}