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The Meltdown Years: The Unfolding of the Global Economic Crisis

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The Meltdown Years: The Unfolding of the Global Economic Crisis by Munchau, Wolfgang, 9780071634786
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  • ISBN: 9780071634786 | 0071634789
  • Cover: Hardcover
  • Copyright: 9/29/2009
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The year 2008 will always be remembered as one of the darkest, most tumultuous years the banking.industry ever experienced. It was the year that the US financial system came to a total collapse,.bringing down the world economy with it. .InThe Meltdown Years,Financial Timeswriter and renowned prognosticator Wolfgang M�nchau gives.an in-depth analysis of the true origins of the financial crisis of 2008, exploring its beginnings, its.development, and the economy�s future. .M�nchau looks into the new economic reality the crisis has created and predicts how monetary.policy will unfold as a result..The author concludes that the economic crisis, however destructive, was also necessary, as it.served as a much-needed passage to a new financial order.

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