Debt And Delusion: Central Bank Follies That Threaten Economic Disaster

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9780713992724: Debt And Delusion: Central Bank Follies That Threaten Economic Disaster
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There is an unexploded bomb in the global financial system, threatening to bring the greatest disruption to the lives of ordinary people since the Depression of the 1930s. This potential explosion has been created by dereliction of duty by the world's largest central banks, which have helped to create an unsustainable illusion of personal wealth and national prosperity, exposing the public to uninsurable risks in the process. In this chilling book, Warburton looks at how this economic timebomb has been created by unchecked credit expansion, and the potential havoc it could wreak in the global economies and our personal finances.

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Synopsis:

There is an unexploded bomb in the global financial system, threatening to bring the greatest disruption to the lives of people since the Depression on the 1930s. This potential explosion has been created by dereliction of duty by the world's largest central banks, which have helped to create an unsustainable illusion of personal wealth and national prosperity, exposing the public to uninsurable risks in the process. This volume looks at how this economic timebomb has been created by unchecked credit expansion and the potential havoc it could wreak.

About the Author:

Peter Warburton is Economic Adviser to Robert Flemings Securities, and a member of the Shadow Monetary Policy Committee, which monitors the decisions taken on UK interest rates by the official Monetary Policy Committee.

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Other Popular Editions of the Same Title

9780977079339: Debt and Delusion: Central Bank Follies that Threaten Economic Disaster (Deluxe Edition)

Featured Edition

ISBN 10:  0977079333 ISBN 13:  9780977079339
Publisher: WorldMetaView Press, 2005
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9780140277524: Debt And Delusion: Central Bank Follies That Threaten Economic Disaster

Penguin, 2000
Softcover

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