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The Global Debt Crisis and How We Can Get out of It
People of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
Those words come from Henry Ford, and they are truer today than ever. Banks continue to purchase assets with other peoples money, which contributed to the global debt crisis that devastated so many individuals and families.
Jason Goodwin, a lifelong student of the economy, outlines how the banking and monetary system work in this book that not only informs but will make you downright angry. He focuses on topics such as
countries like Greece that are hamstrung by massive debt,
causes of the global debt crisis, and
economic policies that make it difficult for households to pay their bills and get ahead in life.
He also examines how banks become investors when companies offer shares to the public via initial public offerings. Banks use other peoples money to become the largest investors of these companies, which can cause massive socio-economic problems.
Get truthful answers on why the world is suffering a debt crisis along with practical solutions to solve the problem with this insightful overview of the global economy.
Those words come from Henry Ford, and they are truer today than ever. Banks continue to purchase assets with other peoples money, which contributed to the global debt crisis that devastated so many individuals and families.
Jason Goodwin, a lifelong student of the economy, outlines how the banking and monetary system work in this book that not only informs but will make you downright angry. He focuses on topics such as
countries like Greece that are hamstrung by massive debt,
causes of the global debt crisis, and
economic policies that make it difficult for households to pay their bills and get ahead in life.
He also examines how banks become investors when companies offer shares to the public via initial public offerings. Banks use other peoples money to become the largest investors of these companies, which can cause massive socio-economic problems.
Get truthful answers on why the world is suffering a debt crisis along with practical solutions to solve the problem with this insightful overview of the global economy.
206 pages, Kindle Edition
Published September 17, 2016
4 people want to read
About the author
Jason Goodwin
44 books411 followersJason Goodwin's latest book is YASHIM COOKS ISTANBUL: Culinary Adventures in the Ottoman Kitchen.
He studied Byzantine history at Cambridge University - and returned to an old obsession to write The Gunpowder Gardens or, A Time For Tea: Travels in China and India in Search of Tea, which was shortlisted for the Thomas Cook Award. When the Berlin Wall fell, he walked from Poland to Istanbul to encounter the new European neighbours. His account of the journey, On Foot to the Golden Horn, won the John Llewellyn Rhys/Mail on Sunday Prize in 1993.
Fascinated by what he had learned of Istanbul's perpetual influence in the region, he wrote Lords of the Horizons: A History of the Ottoman Empire, a New York Times Notable Book. 'If you want to learn,' he says, 'write a book.' Lords of the Horizons was described by Time Out as 'perhaps the most readable history ever written on anything.'
Having always wanted to write fiction, he became popular as the author of the mystery series beginning with The Janissary Tree, which won the coveted Edgar Award for Best Novel in 2007. Translated into more than 40 languages, the series continues with The Snake Stone, The Bellini Card, An Evil Eye and The Baklava Club. They feature a Turkish detective, Yashim, who lives in 19th century Istanbul.
YASHIM COOKS ISTANBUL is an illustrated collection of recipes, inspired by the cookery in his five published adventures.
He studied Byzantine history at Cambridge University - and returned to an old obsession to write The Gunpowder Gardens or, A Time For Tea: Travels in China and India in Search of Tea, which was shortlisted for the Thomas Cook Award. When the Berlin Wall fell, he walked from Poland to Istanbul to encounter the new European neighbours. His account of the journey, On Foot to the Golden Horn, won the John Llewellyn Rhys/Mail on Sunday Prize in 1993.
Fascinated by what he had learned of Istanbul's perpetual influence in the region, he wrote Lords of the Horizons: A History of the Ottoman Empire, a New York Times Notable Book. 'If you want to learn,' he says, 'write a book.' Lords of the Horizons was described by Time Out as 'perhaps the most readable history ever written on anything.'
Having always wanted to write fiction, he became popular as the author of the mystery series beginning with The Janissary Tree, which won the coveted Edgar Award for Best Novel in 2007. Translated into more than 40 languages, the series continues with The Snake Stone, The Bellini Card, An Evil Eye and The Baklava Club. They feature a Turkish detective, Yashim, who lives in 19th century Istanbul.
YASHIM COOKS ISTANBUL is an illustrated collection of recipes, inspired by the cookery in his five published adventures.
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