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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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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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Book Description Penguin Uk, 1999. Hardcover. Condition: New. Never used!. Seller Inventory # P110713992727
Book Description Penguin Uk. Hardcover. Condition: New. 0713992727 Please allow 4 - 14 business days for Standard shipping, within the US. Seller Inventory # XM-0713992727