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Why Everyone Owes Everyone and No One Can Pay

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  • 240 páginas
  • 9 horas de lectura

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The wildest story in the world these days is not fiction; it's what's really happening all around us as the world's global economy has gone into freefall. How did we get here? What does it all mean? How could so many smart people be so dumb and believe their own hype?Accessibly, cleverly, and with mordant humor, journalist John Lanchester trots the globe in search of the answers to these questions-to Iceland, the scene of catastrophic bank collapse; to Hong Kong, the city of his birth built at the altar of free-market capitalism; to the high-stakes leveraging of Wall Street; and to the tragedy of lost homes in small-town America. And in his capable hands, we see and understand what went wrong and why. Lanchester believes that the current crisis gives us an opportunity to bring about much-needed change and that a stronger and more compassionate system can emerge from the wreckage.

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Whoops!, John Lanchester

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Publicado en
2010
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Título
Whoops!
Subtítulo
Why Everyone Owes Everyone and No One Can Pay
Idioma
Inglés
Editorial
Allen Lane
Publicado en
2010
Formato
Tapa blanda
Páginas
240
ISBN10
1846143225
ISBN13
9781846143229
Serie
Título original
Whoops! Why everyone owes everyone and no one can pay
Calificación
3,95 de 5
Descripción
The wildest story in the world these days is not fiction; it's what's really happening all around us as the world's global economy has gone into freefall. How did we get here? What does it all mean? How could so many smart people be so dumb and believe their own hype?Accessibly, cleverly, and with mordant humor, journalist John Lanchester trots the globe in search of the answers to these questions-to Iceland, the scene of catastrophic bank collapse; to Hong Kong, the city of his birth built at the altar of free-market capitalism; to the high-stakes leveraging of Wall Street; and to the tragedy of lost homes in small-town America. And in his capable hands, we see and understand what went wrong and why. Lanchester believes that the current crisis gives us an opportunity to bring about much-needed change and that a stronger and more compassionate system can emerge from the wreckage.