The Inevitable Great American Reset : Riding the Economic Rollercoaster of Capitalism

The Inevitable Great American Reset : Riding the Economic Rollercoaster of Capitalism

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Description

Financial crashes are a necessary part of capitalism, as the market occasionally needs to "reset" itself. Some crashes are relatively minor and short-lived. Others, like the Wall Street Crash of 1929, are devastating, depression-triggering events. Many, like the Great Recession that commenced in 2007, are worsened by improper economic policies.Professor of economics and money manager Carl Hafele warns readers that, unless U.S. economic policy changes, and changes soon, the nation is heading for a cataclysmic financial crash on a scope not seen since 1929. Using historical market crashes as examples, Hafele proves that sound economic policies lessen the frequency and severity of financial crises, and explains how our current economic path and policies are both unsustainable and alarming.

Department

Business & Economics

ISBN

9781493742172

Publication Date

2014

Publisher

CreateSpace Independent Publishing Platform

City

North Charleston, South Carolina

Keywords

Economic Policy, Economic Crises

Disciplines

Business | Finance and Financial Management | Real Estate

The Inevitable Great American Reset : Riding the Economic Rollercoaster of Capitalism
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