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Surviving the Debt Storm

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Imprint: Profile Books
Subject: Current Affairs, Politics & Economics

Surviving the Debt Storm

Getting capitalism back on track

Leigh Skene, Melissa Kidd

How the policies being followed by governments and central banks risk leading to an even greater economic mess - and how that can be avoided

eBook (ePUB/MOBI)?
9781847659521 (20 Jun 2013)

About the book

Banking system collapses have annihilated credit markets and even the few borrowers with investment grade credit ratings cannot borrow. Conditions are worse than when the monetary system collapsed in 1931. Government revenue streams have shrunk to a trickle and services have shrivelled commensurately. Benefits are virtually non-existent, so protests, civil disobedience and riots continue to rise. Developed nation hope for emerging nation growth to provide export markets vanished with China plummeting into prolonged recession. Instead, China is trying to distract its increasingly restive population from their problems with an aggressive foreign policy over military control of the South China Sea ...

Can this actually happen? Indeed it can! In fact, this book is a searing indictment of the agenda now adopted by governments and central banks, which is likely to result in yet more bank failures, countries leaving the eurozone, dysfunctional capital markets and higher taxes and reduced government services and benefits.

Yet it is still not too late to choose a different path that will help put capitalism back on track. Skene and Kidd outline what that path should be to ensure a prosperous rather than austere future.

About the author

Leigh Skene is an independent financial consultant and an associate of Lombard Street Research, a leading economics consultancy. He is the author of numerous articles and reports and of five books, the most recent one of which was The Impoverishment of Nations.Melissa Kidd is a director and analyst at Lombard Street Research, specialising in global equity sectors.

Additional Information

Imprint: Profile Books
Subject: Current Affairs, Politics & Economics

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