When the Money Runs Out: The End of Western Affluence - Softcover
An eminent economist warns that Western nations’ economic expectations for the future are way out of sync with the realities of economic stagnation and stringent steps will be required to avoid massive political and economic upheaval.
“It is alarmingly difficult to disagree with Stephen King. All one can say, perhaps, is that one of the great errors of human nature—strongly displayed before the credit crunch—is the belief that a prevailing trend will continue indefinitely. The crunch is surely a reminder that what goes up must come down.”—Charles Moore, Daily Telegraph
“[King] is dabbling in the financial equivalent of the horror genre. Perhaps even scarier, his is the stuff of nonfiction.”—Michael J. Casey, Wall Street Journal
“It is alarmingly difficult to disagree with Stephen King. All one can say, perhaps, is that one of the great errors of human nature—strongly displayed before the credit crunch—is the belief that a prevailing trend will continue indefinitely. The crunch is surely a reminder that what goes up must come down.”—Charles Moore, Daily Telegraph
“[King] is dabbling in the financial equivalent of the horror genre. Perhaps even scarier, his is the stuff of nonfiction.”—Michael J. Casey, Wall Street Journal
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About the Author:
Stephen D. King is Senior Economic Adviser at HSBC. He has also been a specialist adviser to the House of Commons Treasury Committee.
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- PublisherYale University Press
- Publication date2018
- ISBN 10 030023693X
- ISBN 13 9780300236934
- BindingPaperback
- Number of pages304
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When the Money Runs Out : The End of Western Affluence
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Book Description Paperback. Condition: new. Paperback. An eminent economist warns that Western nations economic expectations for the future are way out of sync with the realities of economic stagnation and stringent steps will be required to avoid massive political and economic upheaval. It is alarmingly difficult to disagree with Stephen King. All one can say, perhaps, is that one of the great errors of human naturestrongly displayed before the credit crunchis the belief that a prevailing trend will continue indefinitely. The crunch is surely a reminder that what goes up must come down.Charles Moore, Daily Telegraph [King] is dabbling in the financial equivalent of the horror genre. Perhaps even scarier, his is the stuff of nonfiction.Michael J. Casey, Wall Street Journal "First published in paperback in 2014"--Title page verso. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780300236934
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