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Endgame: The End of the Debt Supercycle and How It Changes Everything - Jonathan Tepper, John Mauldin
Endgame: The End of the Debt Supercycle and How It Changes Everything
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Greece isn't the only country drowning in debt. The Debt Supercycle—when the easily managed, decades-long growth of debt results in a massive sovereign debt and credit crisis—is affecting developed countries around the world, including the United States. For these countries, there are only two... show more
Greece isn't the only country drowning in debt. The Debt Supercycle—when the easily managed, decades-long growth of debt results in a massive sovereign debt and credit crisis—is affecting developed countries around the world, including the United States. For these countries, there are only two options, and neither is good—restructure the debt or reduce it through austerity measures. Endgame details the Debt Supercycle and the sovereign debt crisis, and shows that, while there are no good choices, the worst choice would be to ignore the deleveraging resulting from the credit crisis. The book: Reveals why the world economy is in for an extended period of sluggish growth, high unemployment, and volatile markets punctuated by persistent recessions Reviews global markets, trends in population, government policies, and currencies Around the world, countries are faced with difficult choices. Endgame provides a framework for making those choices.
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Format: hardcover
ISBN: 9781118004579 (1118004574)
Publisher: John Wiley & Sons
Pages no: 318
Edition language: English
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Community Reviews
Amadan na Briona
Amadan na Briona rated it
3.0
I'm a science-and-engineering guy. I can handle math and statistics well enough, but I am certainly not very well-versed in economics. However, like anyone else who's paying attention, I can see that our economy is in serious trouble and that we've just been forwarding the bill on to the next genera...
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