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Crashed: How a Decade of Financial Crises Changed the World
NRs.
1118.4
Author: Adam Tooze
ISBN: 9780141032214
Size: 150 x 230 mm
Pages: 720
Publisher: Penguin Books

Description

In September 2008 the Great Financial Crisis, triggered by the collapse of the Lehman Brothers, shook the world. A decade later its spectre still haunts us. As the appalling scope and scale of the crash were revealed, the financial institutions that had symbolized the West's triumph since the end of the Cold War, seemed - through greed, malice, and incompetence - to be about to bring the entire system to its knees.

Crashed is a brilliantly original and assured analysis of what happened and how we were rescued from something even worse - but at a price that continues to undermine democracy across Europe and the United States. Gnawing away at our institutions are the many billions of dollars that were conjured up to prevent complete collapse. Over and over again, the end of the crisis has been announced, but it continues to hound us - whether in Greece or Ukraine, whether through Brexit or Trump. Adam Tooze follows the trail like no previous writer and has written a book compelling as history, as economic analysis and as a political horror story.

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