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New Updated and Expanded Edition
In this completely updated edition of this prescient and widely acclaimed book, the latest financial crisis is explained in a historical context. The Great Depression and other periods of economic downturn are investigated and exposed, as Roger Bootle walks readers through the roles of regulators and bankers, and blames financial crisis on the idea that markets can be left alone. Bootle extends his analysis to include the current sovereign debt crisis, the plight of the euro, the intensity of the squeeze on public spending and consumer incomes, and the boom in commodity prices and gold. Bootle lays out a plan for reform of the financial system and a strategy to get us out of the current mess. And he highlights a course for investors to steer through these choppy waters.
In this completely updated edition of this prescient and widely acclaimed book, the latest financial crisis is explained in a historical context. The Great Depression and other periods of economic downturn are investigated and exposed, as Roger Bootle walks readers through the roles of regulators and bankers, and blames financial crisis on the idea that markets can be left alone. Bootle extends his analysis to include the current sovereign debt crisis, the plight of the euro, the intensity of the squeeze on public spending and consumer incomes, and the boom in commodity prices and gold. Bootle lays out a plan for reform of the financial system and a strategy to get us out of the current mess. And he highlights a course for investors to steer through these choppy waters.
