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Paper Promises: Debt, Money, and the New World Order (Paperback)
  • Paper Promises: Debt, Money, and the New World Order (Paperback)
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Paper Promises: Debt, Money, and the New World Order (Paperback)

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£18.99
Paperback 320 Pages / Published: 05/03/2013
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Longlisted for the 2012 Financial Times and Goldman Sachs Business Book of the Year AwardFor the past forty years western economies have splurged on debt. Now, the reality dawns that many debts cannot be repaid. But the oncoming defaults have a time-worn place in our economic history. As with crises in the 1930s and 1970s, governments will fall, currencies will lose their value, and new systems will emerge. Just as Britain set the terms of the international system in the nineteenth century, and America in the twentieth century, a new system will be set by today's creditors in China and the Middle East. In the process, rich will be pitted against poor, young against old, public sector workers against taxpayers, and one country against another. To understand the origins of this mess and how it will affect the new global economy, Coggan shows us how our attitudes toward debt have changed throughout history,and how they may be about to change again.

Publisher: INGRAM PUBLISHER SERVICES US
ISBN: 9781610392297
Number of pages: 320
Weight: 311 g
Dimensions: 210 x 140 x 19 mm

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“The genesis money to the credit crunch”

This explains simply and clearly the genesis of money. How it was born and used and brings us through time to how money is created and used now. In doing so the nature of what money was and now has become helps to... More

Paperback edition
6th June 2013
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