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Location : Home » Misc » Ebooks » Kevin.Phillips.-.Bad.Money.Reckless.Finance.Failed.Politics.Global.Crisis.[32kbs.audio.9.hrs].zip

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Kevin.Phillips.-.Bad.Money.Reckless.Finance.Failed.Politics.Global.Crisis.[32kbs.audio.9.hrs].zip

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Category : Misc » Ebooks
Added : 79 weeks ago
Size : 126.54 MB
Seeds : 1
Peers : 0
Hash : 6c8a41cc1fa2982f3c8feaced284247a18d424da
Tags : Kevin Phillips Money Reckless Finance Failed Politics Global Crisis




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“Bad money” refers to a new phenomenon in wayward megafinance—the emergence of a U.S. economy that is globally dependent and dominated by hubris-driven financial services. Also “bad” are the risk miscalculations and strategic abuses of new multitrillion-dollar products such as asset-backed securities and the lure of buccaneering vehicles like hedge funds. Finally, the U.S. dollar has been turned into bad money as it has weakened and become vulnerable to the world’s other currencies. In all these ways, “bad” finance has failed the American people and pointed U.S. capitalism toward a global crisis. Bad Money is the perfect follow- up to Phillips’s last book, whose dire warnings are now proving frighteningly accurate.