In August of 2007, the debt-fuelled bubble that had created an illusion of prosperity across the western world burst, leading to an international financial crisis of unprecedented scale and duration. Nevin analyses the causes of the crisis in clear and understandable terms, and explains why successive ...
This book provides an authoritative account of the economic and political roots of the 2008 financial crisis, examining why it was triggered in the United States and its lasting impact on both the American and global economies.
Through the tools of economics, Annunziata's vivid and gripping book shows how the global financial crisis was caused by a failure of leadership and common sense in which we all played a role. The insights of this clear and compelling analysis are essential for learning the right lessons from the crisis, and seeing new threats around the corner.
