The world economy is now approaching the final death rattle of the greatest Ponzi scheme in history: a scheme in which politicians stood by as the financial industry and sovereign governments created a vast overhang of debt, a mountain of low-quality assets - and laid the foundations for an economic disaster which will dwarf any other in history. There are four possible outcomes for our future: * economic growth (unlikely) * stagnation (probable) * inflation (bad) * default (disastrous) Which of the four it will be ...
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The world economy is now approaching the final death rattle of the greatest Ponzi scheme in history: a scheme in which politicians stood by as the financial industry and sovereign governments created a vast overhang of debt, a mountain of low-quality assets - and laid the foundations for an economic disaster which will dwarf any other in history. There are four possible outcomes for our future: * economic growth (unlikely) * stagnation (probable) * inflation (bad) * default (disastrous) Which of the four it will be depends on choices that are being made right now, not always wisely, by politicians, technocrats and bankers. Planet Ponzi is a provocative assessment of the state of today's global economy. Mitch Feierstein reveals the true debts of US government and the eurozone - the full picture, not the figures the politicians would have us believe.
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Add this copy of Planet Ponzi: How the World Got Into This Mess, What to cart. $3.80, good condition, Sold by ZBK Books rated 4.0 out of 5 stars, ships from Woodland Park, NJ, UNITED STATES, published 2012 by Glacier USA LLC.
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Add this copy of Planet Ponzi: How the World Got Into This Mess, What to cart. $70.22, new condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2012 by Glacier USA LLC.