The Paradox of Debt: A New Path to Prosperity Without Crisis - Richard Vague

Descriere YEO:

The Paradox of Debt: A - Disponibil la libris.ro

Pe YEO găsești The Paradox of Debt: A de la Richard Vague, în categoria Business & Economics.

Indiferent de nevoile tale, The Paradox of Debt: A New Path to Prosperity Without Crisis - Richard Vague din categoria Business & Economics îți poate aduce un echilibru perfect între calitate și preț, cu avantaje practice și moderne.

Preț: 148.55 Lei

Caracteristicile produsului The Paradox of Debt: A

• Brand: Richard Vague
• Categoria: Business & Economics
• Magazin: libris.ro
• Ultima actualizare: 25-11-2024 01:40:54

Comandă The Paradox of Debt: A Online, Simplu și Rapid

Prin intermediul platformei YEO, poți comanda The Paradox of Debt: A de la libris.ro rapid și în siguranță. Bucură-te de o experiență de cumpărături online optimizată și descoperă cele mai bune oferte actualizate constant.

Descriere magazin:
When we talk about debt and its impact on our economy, we almost always mean government debt. However, this is only a small part of the picture: individuals, private firms, and households owe trillions, and these private debts are vital to understanding the economy. In this iconoclastic book, Richard Vague examines the assets, liabilities, and incomes of the entire country, private and public sector, to reveal its net worth. His holistic analysis shows that the real factor that drives both financial crises and spiraling inequality--but also, paradoxically, economic growth--is ever rising private debt. The paradox is that while debt is essential and our economy relies on it, it also brings instability unless it is periodically deleveraged--and that is very hard to do. It can, however, be carefully managed, and Vague ends the book by showing how to do so in policy areas ranging from trade and housing to financial policy and student debt. Underpinned by pioneering data analysis and the author\'s lifetime of experience in the financial world, this book is essential for anyone who wants to understand the deep, underlying dynamics of the American economy.