When Bubbles Burst

by Calverley, John P.

• ISBN13: 9781857885231
• ISBN10: 1857885236
• Format: Paperback
• Copyright: 2009-03-05
• Publisher: Quercus

Summary

What will be the outcome of the current financial crisis? How bad will the recession get? Could it turn into a depression? How far will house prices fall? Will the downturn lead to deflation or will the measures to deal with it eventually lead to inflation?

Author Biography

Now based in Toronto, John Calverley is Head of Research, North America, Standard Chartered Bank. He was previously Chief Economist and Strategist of American Express Bank. His earlier books include Bubbles and How to Survive Them. He is a well-known commentator and appears frequently on CNN, CNBC, Bloomberg and other television stations.

Table of Contents

Foreword	p. ix
Preface	p. xi
Introduction: Why Bubbles Matter	p. 1
Bubbles and the Economy	p. 9
An Anatomy of Bubbles	p. 11
The Great Depression	p. 26
Japan and the Specter of Deflation	p. 42
The 1990s Stock Bubble and Reflation	p. 57
The Housing Bubble	p. 71
The Worldwide Boom	p. 73
Britain's Bubble Bursts	p. 84
US Bubble and Bust	p. 97
The Financial Crisis and Household Debt	p. 107
Origins and Solutions	p. 123
The Pathology of Bubbles	p. 125
Valuing Markets Sensibly	p. 139
New Policy Approaches	p. 161
Strategies for Investors	p. 183
Final Thoughts: After the Housing Bust	p. 197
Notes	p. 215
Index	p. 229
Table of Contents provided by Ingram. All Rights Reserved.