The Credit Crunch: Housing Bubbles, Globalisation And The Worldwide Economic Crisis

by Graham Turner

Book Overview

This book argues that the current financial turmoil signals a crisis in globalisation that will directly challenge the free market economic model.

Graham Turner shows that the housing bubbles in the West were deliberately created to mask the damage inflicted by companies shifting production abroad in an attempt to boost profits. As these bubbles burst, economic growth in many developed countries will inevitably tumble. The Japanese crisis...

• Format: Paperback
• Language: English
• ISBN: 0745328105
• ISBN13: 9780745328102
• Release Date: August 2008
• Publisher: Pluto Press (UK)
• Length: 256 Pages
• Weight: 0.70 lbs.
• Dimensions: 0.6" x 5.3" x 8.3"