The Great Financial Crash had cataclysmic effects on the global economy,
and took conventional economists completely by surprise. Many leading
commentators declared shortly before the crisis that the magical recipe
for eternal stability had been found. Less than a year later, the
biggest economic crisis since the Great Depression erupted.
In
this explosive book, Steve Keen, one of the very few economists who
anticipated the crash, shows why the self-declared experts were wrong
and how ever-rising levels of private debt make another financial crisis
almost inevitable unless politicians tackle the real dynamics causing
financial instability. He also identifies the economies that have become
'The Walking Dead of Debt', and those that are next in line including
Australia, Belgium, China, Canada and South Korea. A major intervention
by a fearlessly iconoclastic figure, this book is essential reading for
anyone who wants to understand the true nature of the global economic
system.
Can We Avoid Another Financial Crisis? - Steve Keen
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£9.99