img Leseprobe Leseprobe

A Brief History of Doom

Two Hundred Years of Financial Crises

Richard Vague

ca. 31,99
Amazon iTunes Hugendubel Bü kobo Mayersche Osiander Google Books Barnes&Noble
* Affiliatelinks/Werbelinks
Hinweis: Affiliatelinks/Werbelinks
Links auf sind sogenannte Affiliate-Links. Wenn du auf so einen Affiliate-Link klickst und über diesen Link einkaufst, bekommt von dem betreffenden Online-Shop oder Anbieter eine Provision. Für dich verändert sich der Preis nicht.

University of Pennsylvania Press, Inc. img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Wirtschaft


Financial crises happen time and again in post-industrial economies—and they are extraordinarily damaging. Building on insights gleaned from many years of work in the banking industry and drawing on a vast trove of data, Richard Vague argues that such crises follow a pattern that makes them both predictable and avoidable.

A Brief History of Doom examines a series of major crises over the past 200 years in the United States, Great Britain, Germany, France, Japan, and China—including the Great Depression and the economic meltdown of 2008. Vague demonstrates that the over-accumulation of private debt does a better job than any other variable of explaining and predicting financial crises. In a series of clear and gripping chapters, he shows that in each case the rapid growth of loans produced widespread overcapacity, which then led to the spread of bad loans and bank failures. This cycle, according to Vague, is the essence of financial crises and the script they invariably follow.

The story of financial crisis is fundamentally the story of private debt and runaway lending. Convinced that we have it within our power to break the cycle, Vague provides the tools to enable politicians, bankers, and private citizens to recognize and respond to the danger signs before it begins again.

Weitere Titel von diesem Autor
Weitere Titel zum gleichen Preis
Cover Athena Rising
W. Brad Johnson
Cover The Power of WOW
The Employees of
Cover Couples That Work
Jennifer Petriglieri
Cover Helping People Change
Richard Boyatzis
Cover Globalizing Capital
Barry Eichengreen
Cover System of Environmental Economic Accounting for Energy
Department of Economic and Social Affairs
Cover World Public Sector Report 2019
Department of Economic and Social Affairs
Cover Not Working
David G. Blanchflower
Cover The Technology Trap
Carl Benedikt Frey
Michael Robert Perman
Cover The Code of Capital
Katharina Pistor
Cover African Governance Report V - 2018
Economic Commission for Africa



Business, World History, Economics, European History, History