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The Age of Stagnation: Why Perpetual Growth is Unattainable and the Global Economy is in Peril

Satyajit Das




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 | #564839 in Books |  Prometheus Books |  2016-02-09 |  2016-02-09 | Original language:English | PDF # 1 |  9.30 x1.20 x6.50l,1.25 | File type: PDF | 285 pages

 | Prometheus Books

||38 of 40 people found the following review helpful.| "A Crisis That Went to Waste" -|By Loyd Eskildson|U.S. private debt increased to 290% of GDP in 2008, up from 123% in 1981. Between 2001 and 2007 households borrowed about $5 trillion against their homes, and mortgage debt was 73% of GDP in 2008, up from an average of 46% in the 1990s; the debt was even riskier because of looser credit conditions/creditworthiness and predator| |“Loved it! Written with passion and insight, and laden with facts, the book provides a clear explanation of the economic, social, and political issues that lie ahead, and the difficulty in solving them. Essential reading for the investor who wants to

The global economy is entering an era of protracted stagnation, similar to what Japan has experienced for over a decade. That is the message of this brilliant and controversial summary of our current economic predicament from an internationally respected consultant and commentator on financial markets, who predicted the Global Financial Crisis of 2008. The author challenges the assumption that growth can be perpetual and questions the ability of political leaders to...

You can specify the type of files you want, for your device.The Age of Stagnation: Why Perpetual Growth is Unattainable and the Global Economy is in Peril   |  Satyajit Das. I have read it a couple of times and even shared with my family members. Really good. Couldnt put it down.

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