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The Storm: The World Economic Crisis What It Means (The Storm/After the Storm #1)

3.37  ·  Rating Details ·  103 Ratings  ·  9 Reviews
An indispensable and absolutely accessible explanation of the causes of the world economic crisis and how we should respond to it
In this urgent and timely book, the man the Daily Telegraph calls "the sage of the credit crunch" shows that although the downturn is global, the complacency of the British government towards the huge "bubble" in property prices and high levels
Paperback, 186 pages
Published February 1st 2010 by Atlantic Books (first published April 1st 2009)
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Valerie Penny
Apr 13, 2015 Valerie Penny rated it it was amazing
John Vincent "Vince" Cable was born 9 May 1943 in York, England. He was the son of a working-class Tory, Len Cable, and his wife Edith. Len was a craftsman at the Rowntree chocolate factory while Edith packed chocolates for rival firm Terry's. He is a British Liberal Democrat politician who has been the Secretary of State for Business, Innovations and Skills in the Conservative Liberal Democrat Coalition Government from 2010 to 2015. He has also been the Member of Parliament for Twickenham since ...more
Vince Cable is the chief economic spokesperson for the Liberal Democrats, and his lucid explanations of the credit crunch and overall current parlous global economic situation has seen him well sought after by mainstream news media outlets. For good reason -- his analysis has been proven spot on.

In his book, The Storm: The World Economic Crisis & What It Means, Cable reviews both distant and more recent economic history to put the current situation in context. This includes a chapter on the
Bonnie Huval
Jul 29, 2010 Bonnie Huval rated it liked it
Cable gave me more background information about a number of events, although he presumes the reader is fully conversant with all his references and sources. In place of footnotes, he finishes the book with a lengthy description of what his sources were for each chapter. While his remarks about how he put together the chapters give a little insight into his thinking, footnotes would be helpful.

I am concerned by a major inconsistency. He says we got into the current economic mess partly because to
Graham Tapper
Dec 07, 2012 Graham Tapper rated it it was amazing
This book should be compulsory reading in all schools. Cable's analysis of how we got in the mess we're in is backed in its authority as coming from the only leading politician who predicted it, years before it happened.

He could have written it as an "I told you so, but you just wouldn't listen", but he doesn't. Instead he examines all of the contributory factors and comes to conclusions that are not entirely in line with media pundits. I would trust his analysis above theirs, any day.

Written i
Firemen fighting a big blaze need to pour on lots of water.

When you consider the rate at which new developments occur in the ongoing global economic crisis, it's fair to say that this book will soon be out of date. If you're going to read it, do so earlier rather than later. Even so, it's a decent (albeit brief) summary of the events that have led us to where we are now.

The only real downside is that at times Cable talks about very complicated subjects without giving any explanation as to what t
Nigel Street
Excellent summary of the issues leading up to and including the recent financial meltdown. Explained in understandable terms and in an interesting and engaging style makes this an engaging read. If you happen to identify with the author's views as I do it makes for an even more enjoyable one.
Effendy Yahaya
Jun 25, 2014 Effendy Yahaya rated it it was amazing
Extensive and compress of my economics for business book in holistic view ! excellent.
Apr 12, 2009 Marian marked it as to-read  ·  review of another edition
See Simon Jenkins review in London Sunday Times Online. Vincent Cable is a Liberal Democrat politician.

Feb 25, 2010 Matthew rated it it was amazing
God bless St Vince, the last grown-up in the Commons. A concise and lucid examination of the depth and consistency of the bucket of sh*t in which we find ourselves.
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John Vincent "Vince" Cable is a British politician who was the Secretary of State for Business, Innovation and Skills from 2010 to 2015 and the Member of Parliament for Twickenham from 1997 until losing his seat in the 2015 election.

Cable studied economics at the University of Cambridge and the University of Glasgow, before becoming an economic advisor to the Government of Kenya between 1966 and 1
More about Vince Cable...

Other Books in the Series

The Storm/After the Storm (2 books)
  • After the Storm: The World Economy and Britain's Economic Future

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