No more economy on Monday?: on crashes, crises and human error
A crystal clear analysis of the depression of the past and the recession of today. Complete with a navigation to guide us out of the crisis!'' dixit Geert Noels Differences and similarities of the current situation with the Great Depression of the 1930s How did it get to this point? What lessons should we learn from this? Accessibly written, for the general public A clear analysis of the financial economic crisis of the past decades
After the bankruptcy of Lehman Brothers in September 2008, Ben Bernanke, the chairman of the American central bank (Fed), answered the question of what would happen if the government did not intervene: 'then we will no longer have an economy on Monday'. Johan Van Overtveldt describes in an inimitable style the dramatic events that led to the greatest financial and economic crisis of the past decades. He returns to the Great Depression of the 1930s and looks for similarities and differences with the current situation. How did it get to this point? How did the global financial system and the world economy get so out of hand? And above all: what lessons should we learn from these events? Required reading to avoid repeating the mistakes of the past. A must-read for anyone who wants to survive the crisis.