“A succinct, lucid and compelling account Essential reading.” -Michiko Kakutani, The New York Times Renowned economist Nouriel Roubini electrified.. . Crisis Economics has ratings and reviews. I just finished a book of this name by Nouriel Roubini (famous for predicting the crash) and Stephen . 21 May Crisis Economics covers the range of challenges facing the global economy, in which Roubini uncharacteristically pulls his punches. There are.
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My main problem with the book is that Roubini does not offer any suggestions for the average investor.
To see what your friends thought of this book, please sign up. The average Joe also has no say on the shenanigans on Wall Street and in con “Crisis Economics” offers a comprehensive view of past economic crises, with an emphasis on the Great Recession of Feb 03, M. The former president took time out to listen to people individually.
Crisis Economics: A Crash Course in the Future of Finance
I hope they write some kind of sequel. The really scary part of reading books like this is the realization that to date almost nothing has been learned by those in positions to act as clearly little to nothing has been done.
Drawing on the parallels from many countries and centuries, Nouriel Roubini and Stephen Mihm, a professor of economic history and a New York Times Toubini writer, show that financial cataclysms are as old and as ubiquitous as capitalism itself. The monetary system remains very fragile and vulnerable to additional shocks, inflation or deflation.
Informative, yes, but not terribly interesting to start. Lists with This Book.
The usual suspects – restructuring compensation, regulating the derivatives market, reforming rating agencies and ensuring that banks have enough capital and liquidity to weather financial storms – are necessary but not sufficient.
Best overview and deep insight into crisis mechanics. May 23, Bradley Dowell rated it liked it.
The author highlighted that Central banks in the past had not exercised power to econoimcs regulations to prevent speculative manias to fed the bubble and spinning out of control.
His prediction was not just luck. An exceptional work that provides a superb analysis of the sources and causes of the economice crisis. Find this article useful? Nov 28, Han C. A Crash Course in the Future of Finance 3. It is not crsis synonym for “unusual”.
This book has it all from the history of previous crashes, the full story line of the recent crash, and a complete set of recommendations on what needs to be fixed to avoid a similar or worse crash happening in the future. I’m afraid, though, that the ‘good crisis’ HAS gone to waste Download our Spring Fiction Sampler Now. The return of the master Allen Lanewas published last year.
The problem with the doom-and-gloom prognosticators is that they are bound to be right some of the time. May 25, Dude-von Dudenstein rated it really liked it Shelves: Like most economics paperbacks, there is plenty of hole-poking and name-calling, without much in the way of new, substantive propositions or solutions at crieis not in any great detail.
Crisis Economics: A Crash Course in the Future of Finance by Nouriel Roubini
I got confused a few times. May 13, Minutes. The best opportunities are often found in the most mundane things, says entrepreneur Jamie Waller. If you had listened to him, you missed out on the stock rally in he said his investment was all in cash in This book is mainly about the financial crisis ofand appears to have been completed in before the financial reform legislation the Dodd-Frank act passed the United States Congress. What’s impressive is how diplomatically the author dives into the juicy details, refusing to succumb to the sweet intoxication of finger-pointing and dogmatism.
We should use this moment of relative calm, they argue, to institute necessary changes. Even though the book might no longer be as relevant as it was when it was written, it is still fascinating.