This book argues that the current financial turmoil signals a crisis in globalisation that will directly challenge the free market economic model.
Graham Turner shows that the housing bubbles in the West were deliberately created to mask the damage inflicted by companies shifting production abroad in an attempt to boost profits. As these bubbles burst, economic growth in many developed countries will inevitably tumble. The Japanese crisis of the 1990s shows that banks and governm...
Cuprins
Preface – Save Burberry Jobs
1. Globalisation and Credit Growth
2. Overinvestment and financial crises
3. Addicted to Debt
4. ‘Free trade’ and Asset Inflation
5. Dealin...
Despre autor
Graham Turner is the founder of GFC Economics an independent economic consultancy which provides forecasting services for some of the world’s largest banks. He has work...