Discover the profound insights of 'The Dollar Crisis: Causes, Consequences, Cures' in this updated second edition by Richard Duncan. This international bestseller delves into the intricate flaws of the international monetary system that have led to growing instability in the global economy. As the US trade deficit exceeds an astonishing US$1 million per minute, this book highlights the creation of a worldwide credit bubble and the impending economic challenges we face.

In Part One, readers will understand how persistent trade deficits threaten our economic stability. Part Two explains the inevitability of a US recession and the dire consequences of a collapsing dollar. Part Three discusses the global ramifications of these events, while Part Four presents actionable recommendations to mitigate the effects of an impending downturn.

The newly added Part Five offers a retrospective view of the crisis evolution since the book's first edition in 2002 and thoughtfully anticipates future developments in the dollar crisis landscape. This crucial economic analysis highlights the inherent flaws of the Dollar Standard and posits that its collapse could be the defining economic event of the 21st century.

Whether you are an economist, a student of finance, or simply interested in global economic trends, 'The Dollar Crisis' will equip you with knowledge about the causes and cures of our current economic challenges.

Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled. Condition: BRAND NEW. ISBN: 9780470821701. Year: 2005. Publisher: John Wiley & Sons (Asia). Pages: 336.

Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled.


Condition: BRAND NEW
ISBN: 9780470821701
Year: 2005
Publisher: John Wiley & Sons (Asia)
Pages: 336


Description:
In this updated, second edition of the highly acclaimed
international best seller, The Dollar Crisis: Causes,
Consequences, Cures, Richard Duncan describes the flaws in the
international monetary system that have destabilized the global
economy and that may soon culminate in a deflation-induced
worldwide economic slump.


The Dollar Crisis is divided into five parts:


Part One describes how the US trade deficits, which now
exceed US$1 million a minute, have destabilized the global economy
by creating a worldwide credit bubble.


Part Two explains why these giant deficits cannot persist
and why a US recession and a collapse in the value of the Dollar
are unavoidable.


Part Three analyzes the extraordinarily harmful impact
that the US recession and the collapse of the Dollar will have on
the rest of the world.


Part Four offers original recommendations that, if
implemented, would help mitigate the damage of the coming worldwide
downturn and put in place the foundations for balanced and
sustainable economic growth in the decades ahead.


Part Five, which has been newly added to the second
edition, describes the extraordinary evolution of this crisis since
the first edition was completed in September 2002. It also
considers how the Dollar Crisis is likely to unfold over the years
immediately ahead, the likely policy response to the crisis, and
why that response cannot succeed.


The Dollar Standard is inherently flawed and increasingly
unstable. Its collapse will be the most important economic event of
the 21st Century.