by John Lanchester
I like the original title better - "Whoops! Why Everyone Owes Everyone and No One Can Pay". This book gives a solid international analysis of the breakdown, with relatively simple examples. This perspective was missing from US-based tracts, and was well appreciated. The humour (British, of course) w...
If you are to read one book on the credit crunch and the scandalous things that the bunch of bankers got up to this is the one to read. I know, I have read most of them...
Like a lot of people in the world today, I've been struggling for a while to truly understand just how things got to be the way they are right now. Even with everyone and their uncle talking about the crisis, most of what is said concentrates on throwing accusations to one another, and I've missed s...
From time to time I like to read about the recent financial collapse in an effort to try to understand what happened. This book is written by an author who normally writes novels, so he knows how to explain things very simply. In the early part of the book it was so simple that I thought it might ...
This brilliant, scary little book is the first account I've seen of the credit crunch which truly made sense. I read it in a day, and, if you're at all interested in politics, economics or current affairs, I can't recommend it too highly. Lanchester is an acclaimed novelist, which shows in the witty...
I finally learned what credit default swaps are and I actually enjoyed doing so. :)
I finally learned what credit default swaps are and I actually enjoyed doing so. :)
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