The Credit Crunch - Turner, Graham

Name: The Credit Crunch - Turner, Graham
SKU: Id-61184
Price: 130.00 ZAR
Availability: InStock

Secondhand

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R130.00

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Condition

Secondhand

Location

South Africa

Product code

Id-61184

Bob Shop ID

642629288

Graham Turner shows that the housing bubbles in the West were deliberately created to mask the damage inflicted by companies shifting production abroad in an attempt to boost profits. As these bubbles burst, economic growth in many developed countries will inevitably tumble. The Japanese crisis of the 1990s shows that banks and governments may struggle to contain the fallout. The problem has not been limited to the US, UK and Europe: housing bubbles have become endemic across wide swathes of emerging market economies. As the West slides, these countries will see an implosion of their credit bubbles too, shaking their faith in the free market.

Softcover. English. Jacana Media. 2009. ISBN: 9781770096875. 232 pp. Good. Book No: 61184

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