Europe's financial crisis : a short guide to how the Euro fell into crisis and the consequences for the world için kapak resmi
Başlık:
Europe's financial crisis : a short guide to how the Euro fell into crisis and the consequences for the world
Yazar:
Authers, John. author
ISBN:
9780133993523
Yazar Ek Girişi:
Fiziksel Tanımlama:
ix, 166 pages : graphic ; 21 cm.
İçerik:
Introduction 1 Chapter 1 Genesis of the Euro 11 Chapter 2 Catalyst: Crash on Wall Street 27 Chapter 3 Emerging Markets Decouple 43 Chapter 4 Currency Wars 55 Chapter 5 Banks Bounce 67 Chapter 6 Bank-Bashing 81 Chapter 7 Europe: The Logic of Contagion 95 Chapter 8 Democrats versus Technocrats 113 Chapter 9 Risk-On, Risk-Off Markets 129 Chapter 10 2012 and After 149 Index 161.
Özet:
Will the Euro survive? Where is the European financial crisis headed? What will it mean for global and US markets? In this short book, internationally respected Financial Times journalist John Authers illuminates today's European financial crisis and the massive forces increasingly buffeting world and US economies. Authers explains why a strong recovery remains far away, why the risk of a disastrous "final" crisis remains terrifyingly real, and how investors can best navigate today's brutally challenging markets. The European Financial Crisis reveals why the 2010/2011 market rallies were so fearful, and why their underlying assumptions -- continued Chinese growth, bailouts, progress towards bank solvency, more easy "Fed" money -- have proven so tenuous. Above all, Authers shows how the Eurozone crisis uncovers today's worst unaddressed risk: the markets' loss of confidence in governments. This brief discussion offers insights into underlying flaws in the banking system and the Eurozone's structure that remain unaddressed; how cheap money and bailouts have bought time that is rapidly running out; and the increasingly frightening signs of "perverse synchronization": forex, equity, credit, and commodity markets massively moving in tandem. He also offers specific recommendations for what policymakers can and must do now to restore the long-term health of the global markets.
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Kitap EKOBKN0005363 330.94 AUT 2013
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