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The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash :: 1586485636

The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash
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Product ID: 241020

Publication Date: 2008-03-03
Author(s):Charles R. Morris
Binding: Hardcover
Number of Pages: 224
Publisher: PublicAffairs
ISBN: 1586485636
ISBN13: 9781586485634

Details
 
SKU 1586485636
Weight 0.28 Kgs
Price: HK$184.00

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WarehouseStockEstimated Delivery Date
Hong KongNo item(s) available1-2 Working Days
US Warehouse 149 item(s) available5th August 2008 (Tue)
US Warehouse 2251 item(s) available8th August 2008 (Fri)
On OrderNo item(s) on order** 2 to 8 weeks **
 
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Description

Product Description
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 better. Whether you are an active investor, a homeowner, or a contributor to your 401(k) plan, The Trillion Dollar Meltdown 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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