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

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Insightful analysis of financial folly and its fallout.

If you're fascinated by the intricacies of economic crises and enjoy a deep dive into the causes behind financial turmoil, "The Trillion Dollar Meltdown" is a compelling read. Morris brings a critical eye to pre-2008 excesses, making complex concepts accessible. You'll come away with a richer understanding of the factors that led to a financial system on the brink.

  • Financial Times Business Book of the Year Nominee for Longlist (2008)
Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
New

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

Regular price RM194.00 MYR
Unit price
per
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ISBN: 9781586485634
Publisher: PublicAffairs
Date of Publication: 2008-03-04
Format: Hardcover
Related Collections: Politics, History, Economics, Business
Goodreads rating: 3.72
(rated by 1215 readers)

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.
 

Insightful analysis of financial folly and its fallout.

If you're fascinated by the intricacies of economic crises and enjoy a deep dive into the causes behind financial turmoil, "The Trillion Dollar Meltdown" is a compelling read. Morris brings a critical eye to pre-2008 excesses, making complex concepts accessible. You'll come away with a richer understanding of the factors that led to a financial system on the brink.

  • Financial Times Business Book of the Year Nominee for Longlist (2008)
Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.