Greece isn't the only country drowning in debt. The Debt
Supercycle--when the easily managed, decades-long growth of debt
results in a massive sovereign debt and credit crisis--is affecting
developed countries around the world, including the United States.
For these countries, there are only two options, and neither is
good--restructure the debt or reduce it through austerity measures.
"Endgame" details the Debt Supercycle and the sovereign debt
crisis, and shows that, while there are no good choices, the worst
choice would be to ignore the deleveraging resulting from the
credit crisis. The book: Reveals why the world economy is in for an
extended period of sluggish growth, high unemployment, and volatile
markets punctuated by persistent recessionsReviews global markets,
trends in population, government policies, and currencies
Around the world, countries are faced with difficult choices.
"Endgame" provides a framework for making those choices.
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