Title
The Inevitable Great American Reset : Riding the Economic Rollercoaster of Capitalism
Files
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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
Recommended Citation
Hafele, Carl W., "The Inevitable Great American Reset : Riding the Economic Rollercoaster of Capitalism" (2014). Faculty Books. 21.
https://scholarworks.bellarmine.edu/fac_book_gallery/21