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Not This Time-Absurd Financial History of 800 Years (Chinese Edition) - Softcover

Lai Yin Ha Te

 
9787111306382: Not This Time-Absurd Financial History of 800 Years (Chinese Edition)

Inhaltsangabe

This book covers the history of global financial crisis of 800 years in 66 countries and regions from the problem of monetary communication to the sub-prime mortgage crisis nowadays. The two authors are all famous economists and their ideas all influence the policy-decision in the current financial crisis. They think that the financial problems always experience the similar path, no matter in advanced countries or new-established countries. Through clear analyses and common statistics, they testified the frequency, duration and influential degree of financial crisis are all surprising similar in history, including the liquidity crisis, malignant inflation, debts, asset price, liquid capital, layoff and taxes. They also indicate governments are always trying to make use of various methods to rescue the crisis, but the short-term statistics can make people easy to believe that the crisis will die out quickly. History can offer people researching on financial crisis many experiences.

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