Logotipo librería Marcial Pons
The trillion dollar meltdown

The trillion dollar meltdown
easy money, high rollers, and the great credit crash

  • ISBN: 9781586485634
  • Editorial: Public Affairs
  • Lugar de la edición: New York. Estados Unidos de Norteamérica
  • Encuadernación: Cartoné
  • Medidas: 20 cm
  • Nº Pág.: 193
  • Idiomas: Inglés

Papel: Cartoné
30,44 €
Sin Stock. Disponible en 5/6 semanas.


The sub-prime mortgage crisis is only the beginning: A more profound economic and political restructuring is on its way.We are living in the most reckless financial environment in recent history. Arcane credit derivative bets are now well into the tens of trillions.According to Charles R Morris, the astronomical leverage at investment banks and their hedge fund and private equity clients virtually guarantees massive disruption in global markets. The crash, when it comes, will have no firebreaks. A quarter century of free-market zealotry that extolled asset stripping, abusive lending and hedge fund secrecy will come crashing down with it."The Trillion Dollar Meltdown" explains how we got here and what is about to happen. After the crash our priorities will be quite different. But things are likely to get worse before they get better. This book will be indispensable to understanding the gross excess that has put the world economy on the brink - and what the new landscape will look like.


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