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Great Nations at Peril
Jurgen George . Ed(S): Backhaus
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Description for Great Nations at Peril
Hardback. Editor(s): Backhaus, Jurgen George. Series: The European Heritage in Economics and the Social Sciences. Num Pages: 179 pages, 4 black & white illustrations, 1 colour illustrations, biography. BIC Classification: KCA; KCB; KCP. Category: (P) Professional & Vocational. Dimension: 235 x 155 x 11. Weight in Grams: 438.
This book was prompted by the current, lingering financial crisis, which has its basis in the disorderly financial practices of the United States. These practices have resulted in an accumulated debt which now requires the United States to run financial policies at artificially low interest rates. In principle, these low interest rates should flood the markets with ready money. Since the spread for banks is very thin, however, and they must carefully discriminate between available risks and finance only those propositions with no risk, credit is not abundantly available. With staggering foreign debt and a myriad of other perils looming, ... Read more
This book was prompted by the current, lingering financial crisis, which has its basis in the disorderly financial practices of the United States. These practices have resulted in an accumulated debt which now requires the United States to run financial policies at artificially low interest rates. In principle, these low interest rates should flood the markets with ready money. Since the spread for banks is very thin, however, and they must carefully discriminate between available risks and finance only those propositions with no risk, credit is not abundantly available. With staggering foreign debt and a myriad of other perils looming, ... Read more
Product Details
Format
Hardback
Publication date
2014
Publisher
Springer International Publishing AG Switzerland
Number of pages
179
Condition
New
Series
The European Heritage in Economics and the Social Sciences
Number of Pages
172
Place of Publication
Cham, Switzerland
ISBN
9783319100548
SKU
V9783319100548
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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