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E-grāmata: Endgame: The End of the Debt SuperCycle and How It Changes Everything

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  • Formāts: EPUB+DRM
  • Izdošanas datums: 09-Feb-2011
  • Izdevniecība: John Wiley & Sons Inc
  • Valoda: eng
  • ISBN-13: 9781118058084
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  • Formāts: EPUB+DRM
  • Izdošanas datums: 09-Feb-2011
  • Izdevniecība: John Wiley & Sons Inc
  • Valoda: eng
  • ISBN-13: 9781118058084
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"An exhaustive look at world markets and why the economy has been so unpredictable Greece isn't the only country drowning in debt. The Debt Supercycle when the easily managed, decades-long growth of debt results in a massive sovereign debt and credit crisis is affecting developed countries around the world, including the United States. For these countries, there are only two options, and neither is good restructure the debt or reduce it through austerity measures. The End Game details the Debt Supercycle and the sovereign debt crisis, and shows that, while there are no good choices, the worst choice would be to ignore the deleveraging resulting from the credit crisis. Reveals why the world economy is in for an extended period of sluggish growth, highunemployment, and volatile markets punctuated by persistent recessions Reviews global markets, trends in population, government policies, and currencies Other titles by Mauldin: Bull's Eye Investing: Targeting Real Returns in a Smoke and Mirrors Market, also by Wiley Around the world, countries are faced with difficult choices. The End Game provides a framework for making those choices."--

Provided by publisher.

An exhaustive look at world markets and why the economy has been so unpredictable

Greece isn't the only country drowning in debt. The Debt Supercycle when the easily managed, decades-long growth of debt results in a massive sovereign debt and credit crisis is affecting developed countries around the world, including the United States. For these countries, there are only two options, and neither is good restructure the debt or reduce it through austerity measures. The End Game details the Debt Supercycle and the sovereign debt crisis, and shows that, while there are no good choices, the worst choice would be to ignore the deleveraging resulting from the credit crisis.

  • Reveals why the world economy is in for an extended period of sluggish growth, high unemployment, and volatile markets punctuated by persistent recessions
  • Reviews global markets, trends in population, government policies, and currencies
  • Other titles by Mauldin: Bull's Eye Investing: Targeting Real Returns in a Smoke and Mirrors Market, also by Wiley

Around the world, countries are faced with difficult choices. The End Game provides a framework for making those choices.

Recenzijas

In Endgame: The End of the Debt Supercycle and How It Changes Everything, Mauldin and Tepper pull no punches and get directly the point. ...Endgame is a veritable trip around the world, as Mauldin lays out the uncomfortable choices facing nearly every major country. While Mauldins analysis of the American debt problem is sobering, his comments on Europe are downright frighteningGiven the noise dominating the newswires, it is refreshing to find clear, coherent thinking. Our compliments to Messrs. Mauldin and Tepper on a job well done. Charles Sizemore, HS Dent Research Analyst and Editor of the Sizemore Investment Letter

Acknowledgments xiii
Introduction: Endgame 1(10)
Part One The End of the Debt Supercycle
11(164)
Chapter 1 The Beginning of the End
15(16)
Chapter 2 Why Greece Matters
31(14)
Chapter 3 Let's Look at the Rules
45(28)
Chapter 4 The Burden of Lower Growth and More Frequent Recessions
73(18)
Chapter 5 This Time Is Different
91(18)
Chapter 6 The Future of Public Debt: An Unsustainable Path
109(24)
Chapter 7 The Elements of Deflation
133(24)
Chapter 8 Inflation and Hyperinflation
157(18)
Part Two A World Tour: Who Will Face Endgame First?
175(118)
Chapter 9 The United States: The Mess We Find Ourselves In
181(34)
Chapter 10 The European Periphery: A Modern-Day Gold Standard
215(18)
Chapter 11 Eastern European Problems
233(14)
Chapter 12 Japan: A Bug in Search of a Windshield
247(14)
Chapter 13 The United Kingdom: How to Quietly Inflate Away Your Debt
261(12)
Chapter 14 Australia: Could It Follow in Ireland's Footsteps?
273(10)
Chapter 15 Unintended Consequences: Loose Monetary Policies and Emerging Markets
283(10)
Conclusion: Investing and Profiting from Endgame 293(4)
Epilogue: Some Final Thoughts 297(4)
Notes 301(8)
About the Authors 309(2)
Index 311
JOHN MAULDIN is a renowned financial expert, a multiple New York Times best-selling author, and a pioneering online commentator. His weekly e-newsletter, Thoughts From The Frontline, was one of the first publications to provide investors with free, unbiased information and guidance. Today, it is one of the most widely distributed investment newsletters in the world, translated into Chinese, Spanish and Italian. He is regularly seen on TV and in national print media. President of Millennium Wave Investments, he is the father of seven children (five adopted) and lives in Dallas, Texas.

JONATHAN TEPPER is the founder and Chief Editor of Variant Perception, a macroeconomic research group catering to hedge funds and high-net-worth individuals.