The world is changing fast. Soon China and India will be challenging the US as the leading global economic power. New empires will replace the old. Is this good or bad news?
How new forms of financial liquidity are creating unsustainable asset price bubbles that eventually could burst with dire consequences for investors in stocks and bonds around the world.
After predicting a global credit crisis in the first edition, in this new edition of New Monetarism, one year of the global credit crunch is reviewed and what will happen now.