Book 2009

Capitalism without capital

4 readers

Publisher: Palgrave Macmillan
Language: English
Published: 2009

Financial crises
BUSINESS & ECONOMICS
Economic History
Financial crises & disasters
Banking
Economics
Bankgeschäft
Internationaler Kreditmarkt

This book examines the banking crisis of July/August 2007 and its ensuing after-effects in 2008-2009: economic crisis, credit crunch, massive recapitalization of some banks and nationalization of other banks. The author offers his views on the factors which led to this global financial catastrophe and how it could have been avoided.