Books » Author » Richard Vague
By Vague, Richard
In this illuminating and provocative work, Richard Vague argues that the rapid expansion of private debt-rather than public spending-is what constrains economic growth and triggers economic calamities like the financial crisis of 2008.
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Building on insights gleaned from many years of work in the banking industry and drawing on a vast trove of data, Richard Vague argues in A Brief History of Doom that financial crises follow a pattern that makes them both predictable and avoidable.
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