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BEYOND THE KEYNESIAN ENDPOINT: CRUSHED BY CREDIT AND DECEIVED BY DEBT HOW TO REVIVE THE GLOBAL ECONOMY

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฿995
BEYOND THE KEYNESIAN ENDPOINT: CRUSHED BY CREDIT AND DECEIVED BY DEBT HOW TO REVIVE THE GLOBAL ECONOMY

BEYOND THE KEYNESIAN ENDPOINT: CRUSHED BY CREDIT AND DECEIVED BY DEBT HOW TO REVIVE THE GLOBAL ECONOMY

 CRESCENZI, TONY

Hardcover

฿995

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คำที่เกี่ยวข้อง FINANCIAL CRISES AND DISASTERS

Synopsis: BEYOND THE KEYNESIAN ENDPOINT: CRUSHED BY CREDIT AND DECEIVED BY DEBT HOW TO REVIVE THE GLOBAL ECONOMY

During the Great Depression, legendary British economist Keynes advocated using government money to fill the economic void until consumer spending and business investment recovered. But what happens when governments can't do that anymore? You've arrived at "The Keynesian Endpoint": when the money has run out before the economy has been rescued. That's where we are. Exhausted balance sheets leave policy makers with few viable options to bolster economic growth; increasingly, they point leaders and citizens towards brutal choices that were previously unimaginable. Meanwhile, investors struggle to navigate volatile markets overwhelmed by sovereign debt--and, as they do, they lose tolerance for fiscal recklessness. In the U.S. and around the world, debt-fueled spending programs devised to cure the global financial crisis are now morphing into poison. In Beyond The Keynesian Endpoint, PIMCO Executive Vice President and market strategist Tony Crescenzi illuminates the mounting sovereign debt crisis, dissects each of the many scenarios now swirling around it, and reveals the profound implications for governments, investors, and the world economy.

Product Details

ISBN 9780132595216
Weight 0.548
Publisher PEARSON EDUCATION ASIA PTE
Book Size (cm.) 152x229x23
Language English
Number of Pages 304

Highlight

During the Great Depression, legendary British economist Keynes advocated using government money to fill the economic void until consumer spending and business investment recovered. But what happens when governments can't do that anymore? You've arrived at "The Keynesian Endpoint": when the money has run out before the economy has been rescued. That's where we are. Exhausted balance sheets leave policy makers with few viable options to bolster economic growth; increasingly, they point leaders and citizens towards b view all

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