In his provocative look at the global economic crisis, Sheldon
Filger presents an urgent warning that the unprecedented budget
deficits and growing national debt to GDP levels of major advanced
and developing economies will result in a critical sovereign debt
crisis by 2012, plunging the global economy into a synchronized
depression. Though the avalanche of sovereign debt has been
justified by policymakers as the solution to the economic crisis
that exploded with the collapse of Lehman Brothers in September
2008, Sheldon Filger provides compelling data and a cogent analysis
that convincingly demonstrates that the present trajectory being
pursued by decision makers in the United States and other major
economies will inevitably lead to fiscal collapse. Mr. Filger
forecasts that the economic depression that is likely to occur will
lead to the demise of the U.S. dollar as the international reserve
currency, massive economic dislocation and major social and
geopolitical consequences. The author also presents recommendations
for policymakers in government, as well as decision makers in
business.
General
Imprint: |
Createspace Independent Publishing Platform
|
Country of origin: |
United States |
Release date: |
October 2009 |
First published: |
October 2009 |
Authors: |
Sheldon Filger
|
Dimensions: |
229 x 152 x 5mm (L x W x T) |
Format: |
Paperback - Trade
|
Pages: |
100 |
ISBN-13: |
978-1-4495-4226-9 |
Categories: |
Books >
Business & Economics >
Economics >
General
|
LSN: |
1-4495-4226-3 |
Barcode: |
9781449542269 |
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