000 03225nam a22005775i 4500
001 198920
003 IT-RoAPU
005 20221214233104.0
006 m|||||o||d||||||||
007 cr || ||||||||
008 210830t20142014pau fo d z eng d
019 _a(OCoLC)979724819
020 _a9780812247046
_qprint
020 _a9780812291100
_qPDF
024 7 _a10.9783/9780812291100
_2doi
035 _a(DE-B1597)9780812291100
035 _a(DE-B1597)449864
035 _a(OCoLC)887183765
040 _aDE-B1597
_beng
_cDE-B1597
_erda
072 7 _aPOL023000
_2bisacsh
082 0 4 _a332.722
_223
084 _aonline - DeGruyter
100 1 _aVague, Richard
_eautore
245 1 4 _aThe Next Economic Disaster :
_bWhy It's Coming and How to Avoid It /
_cRichard Vague.
264 1 _aPhiladelphia :
_bUniversity of Pennsylvania Press,
_c[2014]
264 4 _c©2014
300 _a1 online resource (104 p.) :
_b24 illus.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
505 0 0 _tFrontmatter --
_tContents --
_tPreface --
_tChapter 1: Boom and Crisis --
_tChapter 2: The Deleveraging Challenge --
_tChapter 3: The Long-Term View --
_tConclusion --
_tAcknowledgments --
_tNotes
506 0 _arestricted access
_uhttp://purl.org/coar/access_right/c_16ec
_fonline access with authorization
_2star
520 _aCurrent debates about economic crises typically focus on the role that public debt and debt-fueled public spending play in economic growth. This illuminating and provocative work shows that it is the rapid expansion of private rather than public debt that constrains growth and sparks economic calamities like the financial crisis of 2008.Relying on the findings of a team of economists, credit expert Richard Vague argues that the Great Depression of the 1930s, the economic collapse of the past decade, and many other sharp downturns around the world were all preceded by a spike in privately held debt. Vague presents an algorithm for predicting crises and argues that China may soon face disaster. Since American debt levels have not declined significantly since 2008, Vague believes that economic growth in the United States will suffer unless banks embrace a policy of debt restructuring.All informed citizens, but especially those interested in economic policy and history, will want to contend with Vague's distressing arguments and evidence.
530 _aIssued also in print.
538 _aMode of access: Internet via World Wide Web.
546 _aIn English.
588 0 _aDescription based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021)
650 0 _aMortgage loans.
650 4 _aPolitical Science.
650 7 _aPOLITICAL SCIENCE / Political Economy.
_2bisacsh
653 _aBusiness.
653 _aEconomics.
653 _aPolitical Science.
653 _aPublic Policy.
850 _aIT-RoAPU
856 4 0 _uhttps://doi.org/10.9783/9780812291100
856 4 0 _uhttps://www.degruyter.com/isbn/9780812291100
856 4 2 _3Cover
_uhttps://www.degruyter.com/cover/covers/9780812291100.jpg
942 _cEB
999 _c198920
_d198920