Wheelers Books
The Financial System Limit: The world's real debt burden

The Financial System Limit: The world's real debt burden (Trade Paperback / Paperback)

By Kauders, David

Radical thinkers might have a point was how the Financial Times described David Kauders' first book The Greatest Crash: How contradictory policies are sinking the global economy. This new book offers further original thought. Why were economies sluggish before the pandemic arrive...d? Why have interest rates paid by businesses and households been rising even though deposit rates are nil? Does the policy of bailing out economies, now followed by most governments and central banks, bring any dangers? In The Financial System Limit, British investment manager David Kauders FRSA puts forward three radical theories which together provide the answers to these questions. These theories show that Keynesian economics has gradually turned from a benefit to society, into a damaging scheme. Other economic policies are also not addressing the fundamental problem, which is the world's inability to afford private sector debts already created. The author challenges the existing academic and political consensus about how economies should be managed. The old arguments about sound money versus stimulus, as well as contemporary arguments that governments controlling their own currency can create as much credit as they wish, are fundamentally inappropriate to a worls in which private sector debt far exceeds public debt and carries a higher, rising, interest cost. Whether you are a concerned individual, an academic, politician, banker or even a policymaker, read about a different view of the current financial orthodoxies, one that will provoke serious debate and even action.
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ISBN 9781907230783
Released NZ 22 Feb 2021
Publisher Sparkling Books Ltd
Format Trade Paperback/Paperback
Alternate Format(s) View All (2 other possible title(s) available)
Internationally sourced on backorder; allow 4-8 weeks

Full details for this title

ISBN-13 9781907230783
Stock Available
Status Internationally sourced on backorder; allow 4-8 weeks
Publisher Sparkling Books Ltd
Imprint Sparkling Books Ltd
Released 22 Feb 2021
Publication Country United Kingdom United Kingdom
Format Trade Paperback/Paperback
 › 2 other possible formats available
Author(s) By Kauders, David
Category Economics
Political Economy
Economic Systems
Number of Pages 156
Dimensions Width: 140mm
Height: 216mm
Spine: 10mm
Dewey Code 330.1
Weight 369g
Interest Age General Audience
Reading Age General Audience
Library of Congress Finance
NBS Text Economics: Professional & General
ONIX Text General/trade;College/higher education;Professional and scholarly