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Financial Market Meltdown - Everything You Need to Know to Understand and Survive the Global Credit Crisis (Hardcover)
Loot Price: R2,331
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Financial Market Meltdown - Everything You Need to Know to Understand and Survive the Global Credit Crisis (Hardcover)
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This is the only book the general reader will ever need in order to
understand the workings of money, banking, and finance as a citizen
and consumer. Financial Market Meltdown: Everything You Need to
Know to Understand and Survive the Global Credit Crisis makes the
arcane world of finance easily understood in concrete terms. This
is not simply a quick recap of the current crisis. It is a guide
designed to develop a real and lasting understanding of money and
finance—an understanding readers can use to come to their own
conclusions regarding the 2008 meltdown and any further economic
events. Financial Market Meltdown explains the nature and workings
of money, credit, financial instruments, and markets, from the
beginnings of integrated finance in Medieval Italy up to the panic
of 2008. It then describes how the modern global financial ecology
evolved through a series of historical accidents and how this
limits what can actually be done to make the system "safe."
Throughout, author Kevin Mellyn uses simple examples, analogies,
and the "real" history of institutions to make abstract financial
concepts concrete and comprehensible.
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