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Seller's Description:
Longlisted for the 2012 Financial Times and Goldman Sachs Business Book of the Year AwardFor the past forty years western economies have splurged on debt. Now, the reality dawns that many debts cannot be repaid. But the oncoming defaults have a time-worn place in our economic history. As with crises in the 1930s and 1970s, governments will fall, currencies will lose their value, and new systems will emerge. Just as Britain set the terms of the international system in the nineteenth century, and America in the twentieth century, a new system will be set by today's creditors in China and the Middle East. In the process, rich will be pitted against poor, young against old, public sector workers against taxpayers, and one country against another. To understand the origins of this mess and how it will affect the new global economy, Coggan shows us how our attitudes toward debt have changed throughout history, and how they may be about to change again.
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Seller's Description:
Fair. Dust jacket not included. May have some shelf-wear due to normal use. Your purchase funds free job training and education in the greater Seattle area. Thank you for supporting Goodwill's nonprofit mission!
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Seller's Description:
Very Good. Very Good condition. Good dust jacket. A copy that may have a few cosmetic defects. May also contain light spine creasing or a few markings such as an owner's name, short gifter's inscription or light stamp.