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The book provides a clear analysis of the 2007 credit crisis, emphasizing the failure of traditional responses like bank bailouts and quantitative easing. It argues that the Euro's current structure is unsustainable and highlights the risks posed by dollar instability and rising sovereign debt. The author warns of a potential lost generation due to economic nationalism and proposes a radical alternative strategy for recovery. This includes dismantling the Euro, ending the dollar's reserve status, and introducing a new, stable currency called The Golden Guinea to restore sound money principles.
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The Golden Guinea: The International Financial Crisis, 2007-2014: Causes, Consequences and Cures, Michael Nevin
- Idioma
- Publicado en
- 2013
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