The Inevitable Great American Reset : Riding the Economic Rollercoaster of Capitalism
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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.
Business & Economics
CreateSpace Independent Publishing Platform
North Charleston, South Carolina
Economic Policy, Economic Crises
Business | Finance and Financial Management | Real Estate
Hafele, Carl W., "The Inevitable Great American Reset : Riding the Economic Rollercoaster of Capitalism" (2014). Faculty Books. 21.