eTextbook
Europe’s Financial Crisis: A Short Guide to how the Euro Fell Into Crisis and the Consequences for the World
ISBN-13: 978-0-13-313371-4 See more
Author(s): John Authers
Price Information
Our price:$8.99
Regular price:$16.99
You save:$8.00
eTextbook Digital Rental:180 days
Additional product details
Greece. Spain. Italy. Portugal. Will the Euro survive? Where is the Eurozone financial crisis leading? What will it mean for global and US markets? In this up-to-the-minute discussion, leading Financial Times journalist John Authers illuminates today's European financial crisis and the massive forces increasingly buffeting the world and US economies. Authers explains why a strong recovery remains far away, why the risk of a catastrophic "final" crisis remains terrifyingly real, and how investors can best navigate today's brutally challenging markets. Authers reveals why the 2010/2011 market rallies were so fearful, and why their underlying assumptions -- continued Chinese growth, bailouts, progress towards bank solvency, more easy "Fed" money -- have proven so tenuous. Above all, he shows how the Eurozone crisis uncovers today's worst unaddressed risk: the markets' loss of confidence in governments. The author offers profound new insights into
Underlying flaws in the banking system that remain even after huge bailouts
How the Eurozone's flawed structure is driving a new sovereign debt crisis
How cheap money and bailouts have bought time -- and how that time is rapidly running out
The increasingly frightening signs of "perverse synchronization": forex, equity, credit, and commodity markets massively moving in tandem
What policymakers can and must do now
