Description
Book Synopsis: In this updated, second edition of the highly acclaimed international best seller, The Dollar Crisis: Causes, Consequences, Cures, Richard Duncan describes the flaws in the international monetary system that have destabilized the global economy and that may soon culminate in a deflation-induced worldwide economic slump. The Dollar Crisis is divided into five parts:
- Part One describes how the US trade deficits, which now exceed US$1 million a minute, have destabilized the global economy by creating a worldwide credit bubble.
- Part Two explains why these giant deficits cannot persist and why a US recession and a collapse in the value of the Dollar are unavoidable.
- Part Three analyzes the extraordinarily harmful impact that the US recession and the collapse of the Dollar will have on the rest of the world.
- Part Four offers original recommendations that, if implemented, would help mitigate the damage of the coming worldwide downturn and put in place the foundations for balanced and sustainable economic growth in the decades ahead.
- Part Five, which has been newly added to the second edition, describes the extraordinary evolution of this crisis since the first edition was completed in September 2002. It also considers how the Dollar Crisis is likely to unfold over the years immediately ahead, the likely policy response to the crisis, and why that response cannot succeed.
The Dollar Standard is inherently flawed and increasingly unstable. Its collapse will be the most important economic event of the 21st Century.
Details
Are you worried about the future of the global economy? Look no further than "The Dollar Crisis: Causes, Consequences, Cures". This updated, second edition of the international best seller by Richard Duncan is a must-read for anyone seeking to understand the flaws in the international monetary system that have destabilized the world economy. Get ready to uncover the reasons behind the impending deflation-induced economic slump and learn how to protect yourself.
Part One of this book dives into the alarming trade deficits plaguing the United States, exceeding a staggering US$1 million every minute. Discover how these deficits have not only destabilized the global economy but have also created a dangerous credit bubble worldwide. As you explore Part Two, you'll gain an in-depth understanding of why these deficits cannot persist and the unavoidable consequences that await - a US recession and the collapse of the Dollar.
But it doesn't stop there. Part Three focuses on the ripple effects of the US recession and Dollar collapse on the rest of the world. Brace yourself for the extraordinarily harmful impact it will have. However, don't despair just yet. Part Four of this book provides original recommendations to mitigate the damage and pave the way for balanced and sustainable economic growth in the years to come.
What sets this second edition apart is the newly added Part Five. Dive into the extraordinary evolution of the Dollar Crisis since the first edition and gain invaluable insights into how it will unfold in the near future. Understand the likely policy response and why it's bound to fail. The collapse of the Dollar Standard is inevitable. Stay ahead of the curve and be prepared for the most crucial economic event of the 21st Century.
Don't miss out on the opportunity to gain unprecedented knowledge and insights. Take control of your financial future. Get your copy of "The Dollar Crisis: Causes, Consequences, Cures" today and be ready to navigate the economic challenges ahead. Order here.
Discover More Best Sellers in International
Shop International
War Without Rules: China's Playbook for Global Domination
$15.75
International - War Without Rules: China's Playbook for Global Domination
The Lexus and the Olive Tree: Understanding Globalization
$15.49
International - The Lexus and the Olive Tree: Understanding Globalization
A Progressive's Case for Bitcoin: A Path Toward a More Just, Equitable, and Peaceful World
$12.99
International - A Progressive's Case for Bitcoin: A Path Toward a More Just, Equitable, and Peaceful World
$26.94
International - Forex Fundamental Analysis - The Essence of Trading: Forex Trading Method of Analysis for Experienced Traders and Beginners Explained in Simple Terms, Become a Profitable Forex Trader
Dark Wire: The Incredible True Story of the Largest Sting Operation Ever
$18.99
International - Dark Wire: The Incredible True Story of the Largest Sting Operation Ever
The Decisive Decade: American Grand Strategy for Triumph Over China
$15.99
International - The Decisive Decade: American Grand Strategy for Triumph Over China
Globalization and Its Discontents (Norton Paperback)
$9.49
International - Globalization and Its Discontents (Norton Paperback)
Trading Up: Why Consumers Want New Luxury Goods--and How Companies Create Them
$13.69
International - Trading Up: Why Consumers Want New Luxury Goods--and How Companies Create Them
