The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash
Sign in to keep track of books you’ve read and want to read.
We are living in the most reckless financial environment in recent history. Arcane credit derivative bets are now well into the tens of trillions. According to Charles R. Morris, the astronomical leverage at investment banks and their hedge fund and private equity clients virtually guarantees massive disruption in global markets. The crash, when it comes, will have no firebreaks. A quarter century of free-market zealotry that extolled asset stripping, abusive lending, and hedge fund secrecy will come crashing down with it. The Trillion Dollar Meltdown explains how we got here, and what is about to happen. After the crash our priorities will be quite different. But things are likely to get worse before they better. Whether you are an active investor, a homeowner, or a contributor to your 401(k) plan, The Trillion Dollar Meltdown will be indispensable to understanding the gross excess that has put the world economy on the brink-and what the new landscape will look like.
Liked The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash? Here’s where I’d start.
These suit anyone who liked The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash. Sign in and mark a few books for picks shaped around your own taste.
-
Crash Proof: How to Profit from the Coming Economic Collapse Shares economics, finance, business -
Other People's Money: The Real Business of Finance Shares economics, finance, business -
Makers and Takers: The Rise of Finance and the Fall of American Business Shares economics, finance, business -
The Subprime Solution: How Today's Global Financial Crisis Happened, and What to Do about It Shares economics, finance, nonfiction
“People who read The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash tend to reach for these next.”
“If you want more of the same (business about wealth), start with these.”
“If it was the economics that hooked you, try one of these.”
-
The Biography of a Dollar: How Mr. Greenback Greases the Skids of America and the World
-
Economics Through Everyday Life: From China and Chili Dogs to Marx and Marijuana
-
13 Bankers: The Wall Street Takeover and the Next Financial Meltdown
-
Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon
“These start from a similar idea, even if they go somewhere else with it.”
-
The Shadow Market: How Sovereign Wealth Funds and Rogue Nations Threaten America's Financial Future
-
Confidence Game: How Hedge Fund Manager Bill Ackman Called Wall Street's Bluff
-
Local Dollars, Local Sense: How to Shift Your Money from Wall Street to Main Street and Achieve Real Prosperity
-
The Great Crash Ahead: Strategies for a World Turned Upside Down