The Meltdown Years: The Unfolding of the Global Economic Crisis by Wolfgang Munc

The Meltdown Years: The Unfolding of the Global Economic Crisis by Wolfgang Munchau

Estimated delivery 3-12 business days

Format Hardcover

Condition Brand New

Description Examining the global cost of the worst economic crisis in nearly a century

Publisher Description

The Meltdown Yearsoffers the most lucid and useful explanation todate about why home values, life savings, jobsecurity, and investments around the worldare in peril.Rather than focus on who is to blame,though, author Wolfgang Münchau takes themore practical approach of focusing on what isto blame. The fact that individuals were stupid,greedy, and corrupt should come as no surprise.What's remarkable is that our world'sfinancial systems—put in place to help staveoff such a crisis—failed so miserably.What is inherently wrong with the globalmonetary system? What happened to theregulatory process? What role did the creditmarket, hedge funds, and investment banksplay? These are the types of questions onemust answer in order to truly comprehendwhat caused the meltdown and, more importantly,to understand what must be done torepair it.Münchau dissects the global financial system,exposing its flaws and weaknesses in thecontext of the crisis. A decidedly global perspectiveof the greatest financial crisis of ourtime, The Meltdown Years examinesThe structure of the worldbanking systemGlobal events that led tofinancial collapseThe growth of speculative bubblesThe descent from financial crisisinto full-out recessionPointing to an unstable global economicsystem as the root of the problem, theauthor predicts how long the recession willand illustrates long-term consequences ofthe meltdown."Apportioning [individual] blame for thiscrisis may be fun," Münchau writes, "butit is a dead-end road for anyone who seeksan understanding of what happened." AIG,Alan Greenspan, Fannie Mae, Bear Stearns…Each is portrayed as a villain responsible forthe state of the economy. In truth, the blame ismuch broader and lies much deeper.The Meltdown Years is required readingfor anyone who wants to follow the ongoingdebate about economic recovery and understandwhat the collapse means for the future offinancial capitalism.

Author Biography

Wolfgang Munchau is an associate editorof the Financial Times, where he writes aweekly column about the European Unionand the European economy. Between 1988and 1995 he held several posts at The Timesnewspaper, including Washington and Brusselscorrespondent. Wolfgang Munchau livesin Belgium.

Details ISBN 0071634789 ISBN-13 9780071634786 Title The Meltdown Years: The Unfolding of the Global Economic Crisis Author Wolfgang Munchau Format Hardcover Year 2009 Pages 256 Publisher McGraw-Hill Education - Europe GE_Item_ID:21163187; About Us

Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love!

Shipping & Delivery Times

Shipping is FREE to any address in USA.

Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated.

International deliveries will take 1-6 weeks.

NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations.

Returns

If you wish to return an item, please consult our Returns Policy as below:

Please contact Customer Services and request "Return Authorisation" before you send your item back to us. Unauthorised returns will not be accepted.

Returns must be postmarked within 4 business days of authorisation and must be in resellable condition.

Returns are shipped at the customer's risk. We cannot take responsibility for items which are lost or damaged in transit.

For purchases where a shipping charge was paid, there will be no refund of the original shipping charge.

Additional Questions

If you have any questions please feel free to Contact Us.

Categories Baby Books Electronics Fashion Games Health & Beauty Home, Garden & Pets Movies Music Sports & Outdoors Toys