ENGLISH

Planet Ponzi

By Mitch Feierstein

Book information

Publisher
BLACK SWAN
Year
2012
ISBN
0552778273, 9780552778275
Language
english
Format
EPUB
Filesize
1 MB (1215660 bytes)
Pages
0\0
Time added
2017-12-10 15:05:59
Economic Conditions;Economics;Business & Money;Eco

Description

As the global economy struggles to avoid meltdown, so the greatest Ponzi scheme in history approaches its final death rattle. Politicians have stood by and watched the financial industry create a massive overhang of debt, a mountain of low quality assets - and ultimately, an economic disaster which has dwarfed all others. The Eurozone crisis and the LIBOR manipulation scandal are just two symptoms of a much broader problem: one of vastly excessive debt, regulatory failure, a culture of deceit on Wall Street and the City of London, and governments that have promised their citizens far more than they can deliver. In Planet Ponzi, Mitch Feierstein tells you what's happened, what will happen next and how to protect yourself and your family. The must-read book on the financial crisis.

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