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The Storm: The World Economic Crisis and What it Means (Paperback)
$11.50 - Save $2.70 (19%) - RRP $14.20 Free delivery worldwide (to United States and
all these other countries) Usually dispatched within 48 hours | |Short Description for The StormExplains the causes of the world economic crisis and how we should respond to the challenges it brings. This book shows that although the downturn is global, the complacency of the British government towards the huge 'bubble' in property prices and high levels of personal debt has left Britain badly exposed.
Full description- Publisher: ATLANTIC BOOKS
- Published: 01 February 2010
- Format: Paperback 188 pages
- See: Full bibliographic data
- Categories: Economics | Financial Crises & Disasters | Economic History
- ISBN 13: 9781848870581 ISBN 10: 1848870582
- Sales rank: 159,066
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Full description for The Storm
In his number 1 hardback bestseller, Vince Cable, 'the stage of the credit crunch' ("Daily Telegraph") explains how we got in to this mess and what it means. In "The Storm", Vincent Cable explains the causes of the world economic crisis and how we should respond to the challenges it brings. He shows that although the downturn is global, the complacency of the British government towards the huge 'bubble' in property prices and high levels of personal debt, combined with increasingly exotic and opaque trading within the financial markets, has left Britain badly exposed. Yet we need to be vigilant in our response to the dangers confronting us. Times of crises inevitably bring forth false prophets who offer easy panaceas and identify scapegoats. However, Cable shows that an insular response to the current crisis would be a disaster and urges us to resist the siren voices that promote isolationism and nationalism as the answer to economic woes. He argues that policy makers must keep their faith in liberal markets if the remarkable advances in living standards, which are now being extended to the world's poorer countries, are to be maintained.
