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The author describes the social costs of inflation and the banking system in the United States, and suggests an alternative called the "Savings Pool."
Book Synopsis Disarming the Debt Bomb by : Thomas C. McAuliffe
Download or read book Disarming the Debt Bomb written by Thomas C. McAuliffe and published by . This book was released on 1999-07 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author describes the social costs of inflation and the banking system in the United States, and suggests an alternative called the "Savings Pool."
In a nation whose debt has outgrown the size of its entire economy, the greatest threat comes not from any foreign force but from Washington politicians who refuse to relinquish the intoxicating power to borrow and spend. Senator Tom Coburn reveals the fascinating, maddening story of how we got to this point of fiscal crisis—and how we can escape. Long before America’s recent economic downturn, beltway politicians knew the U.S. was going bankrupt. Yet even after several so-called “change” elections, the government has continued its wasteful ways in the face of imminent danger. With passion and clarity, Coburn explains why Washington resists change so fiercely and offers controversial yet commonsense solutions to secure the nation’s future. At a time when millions of Americans are speculating about what is broken in Washington, The Debt Bomb is a candid, thoughtful, non-partisan exposé of the real problems inside our government. Coburn challenges the conventional wisdom that blames lobbyists, gridlock, and obstructionism, and places the responsibility squarely where it belongs: on members of Congress in both parties who won’t let go of the perks of power to serve the true interests of the nation—unless enough citizens take bold steps to demand action. “Democracy never lasts long. It soon wastes, exhausts, and murders itself. There was never a democracy yet that did not commit suicide.” —John Adams Throughout a distinguished career as a business owner, physician, and U.S. senator, Tom Coburn has watched his beloved republic careen down a suicidal path. Today, the nation stands on the precipice of financial ruin, a disaster far more dangerous to our safety than any terrorist threats we face. Yet Coburn believes there is still hope—if enough Americans are willing to shake the corridors of Washington and demand action. With an insider’s keen eye and a caregiver’s deft touch, Coburn diagnoses the mess that career politicians have made of things while misusing their sacred charge to govern. Coburn’s incisive analysis: Reveals the root causes of America’s escalating financial crisis Exposes Washington’s destructive appetite for wasteful spending, power grabs, backroom deals, and quick non-fixes Rises above partisanship to implicate elected officials of all stripes in steering the nation off course Lays out a commonsense guide to restoring order Concludes with a clarion call and sound advice for Americans who would dedicate themselves to defusing the debt bomb Above all, Coburn believes the United States can continue as a beacon of opportunity for future generations—but how we act today will determine whether we deliver the nation to our children and grandchildren fully alive, on life support, or without a pulse.
Book Synopsis The Debt Bomb by : Tom A. Coburn
Download or read book The Debt Bomb written by Tom A. Coburn and published by HarperChristian + ORM. This book was released on 2013-04-01 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a nation whose debt has outgrown the size of its entire economy, the greatest threat comes not from any foreign force but from Washington politicians who refuse to relinquish the intoxicating power to borrow and spend. Senator Tom Coburn reveals the fascinating, maddening story of how we got to this point of fiscal crisis—and how we can escape. Long before America’s recent economic downturn, beltway politicians knew the U.S. was going bankrupt. Yet even after several so-called “change” elections, the government has continued its wasteful ways in the face of imminent danger. With passion and clarity, Coburn explains why Washington resists change so fiercely and offers controversial yet commonsense solutions to secure the nation’s future. At a time when millions of Americans are speculating about what is broken in Washington, The Debt Bomb is a candid, thoughtful, non-partisan exposé of the real problems inside our government. Coburn challenges the conventional wisdom that blames lobbyists, gridlock, and obstructionism, and places the responsibility squarely where it belongs: on members of Congress in both parties who won’t let go of the perks of power to serve the true interests of the nation—unless enough citizens take bold steps to demand action. “Democracy never lasts long. It soon wastes, exhausts, and murders itself. There was never a democracy yet that did not commit suicide.” —John Adams Throughout a distinguished career as a business owner, physician, and U.S. senator, Tom Coburn has watched his beloved republic careen down a suicidal path. Today, the nation stands on the precipice of financial ruin, a disaster far more dangerous to our safety than any terrorist threats we face. Yet Coburn believes there is still hope—if enough Americans are willing to shake the corridors of Washington and demand action. With an insider’s keen eye and a caregiver’s deft touch, Coburn diagnoses the mess that career politicians have made of things while misusing their sacred charge to govern. Coburn’s incisive analysis: Reveals the root causes of America’s escalating financial crisis Exposes Washington’s destructive appetite for wasteful spending, power grabs, backroom deals, and quick non-fixes Rises above partisanship to implicate elected officials of all stripes in steering the nation off course Lays out a commonsense guide to restoring order Concludes with a clarion call and sound advice for Americans who would dedicate themselves to defusing the debt bomb Above all, Coburn believes the United States can continue as a beacon of opportunity for future generations—but how we act today will determine whether we deliver the nation to our children and grandchildren fully alive, on life support, or without a pulse.
Within a historical perspective, Clayton clearly explains the "culture of debt" - its definition, how it got to be such a major burden, why we can't live without it, and ways to manage it more efficiently. He addresses the development of debt over the course of the 20th century in both the US and world economies. This comprehensive multidisciplinary analysis covers all aspects of debt - benefits and necessity; the impact (both good and bad) on individuals, corporations and governments; and lessons to be learned from the past. Clayton, drawing on current research and extensive primary data in economics, political science, and history, concludes that with our rapacious accumulation of debt and common-place use of "debt-finance", our society has set itself up for a significant financial decline.
Book Synopsis The Global Debt Bomb by : James L. Clayton
Download or read book The Global Debt Bomb written by James L. Clayton and published by Routledge. This book was released on 2016-09-16 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: Within a historical perspective, Clayton clearly explains the "culture of debt" - its definition, how it got to be such a major burden, why we can't live without it, and ways to manage it more efficiently. He addresses the development of debt over the course of the 20th century in both the US and world economies. This comprehensive multidisciplinary analysis covers all aspects of debt - benefits and necessity; the impact (both good and bad) on individuals, corporations and governments; and lessons to be learned from the past. Clayton, drawing on current research and extensive primary data in economics, political science, and history, concludes that with our rapacious accumulation of debt and common-place use of "debt-finance", our society has set itself up for a significant financial decline.
This new book examines the structural forces behind mega trends in China, refuting conventional wisdom and demystifying media and market hypes about business opportunity and policy. It uses rigorous economic research and evidence to provide a new view of mega trends in China, and expose new trends and problems that will affect China and the World.
Book Synopsis Demystifying China’s Mega Trends by : Chi Lo
Download or read book Demystifying China’s Mega Trends written by Chi Lo and published by Emerald Group Publishing. This book was released on 2017-04-28 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new book examines the structural forces behind mega trends in China, refuting conventional wisdom and demystifying media and market hypes about business opportunity and policy. It uses rigorous economic research and evidence to provide a new view of mega trends in China, and expose new trends and problems that will affect China and the World.
This book is a unique comparison of the Third World policies of the two East European regimes that were most active in the South during the 1970s and 1980s. The study examines why Romania's and East Germany's high activity levels in the South cannot be explained away as mere surrogacy for Moscow, and shows that those attempts represented the particular agendas of Honecker and Ceausescu in their efforts to alter their ties with the Soviet Union. Barnett concludes that Romania and East Germany saw opportunities in the Third World in the 1970s to forge strong diplomatic and security profiles within the Warsaw Pact's overall presence. Romania sought to lessen its economic and ideological dependence on the Soviet Union by expanding its trade ties and political relations with the Third World. In the case of East Germany, detente opened up new opportunities for relations with West Germany that were both lucrative in terms of trade and dangerous in terms of ideological pollution. Scholars of the Soviet bloc will find this book of interest.
Book Synopsis Romanian and East German Policies in the Third World by : Thomas PM Barnett
Download or read book Romanian and East German Policies in the Third World written by Thomas PM Barnett and published by Praeger. This book was released on 1992-09-17 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a unique comparison of the Third World policies of the two East European regimes that were most active in the South during the 1970s and 1980s. The study examines why Romania's and East Germany's high activity levels in the South cannot be explained away as mere surrogacy for Moscow, and shows that those attempts represented the particular agendas of Honecker and Ceausescu in their efforts to alter their ties with the Soviet Union. Barnett concludes that Romania and East Germany saw opportunities in the Third World in the 1970s to forge strong diplomatic and security profiles within the Warsaw Pact's overall presence. Romania sought to lessen its economic and ideological dependence on the Soviet Union by expanding its trade ties and political relations with the Third World. In the case of East Germany, detente opened up new opportunities for relations with West Germany that were both lucrative in terms of trade and dangerous in terms of ideological pollution. Scholars of the Soviet bloc will find this book of interest.
How creditors came to wield unprecedented power over heavily indebted countries—and the dangers this poses to democracy The European debt crisis has rekindled long-standing debates about the power of finance and the fraught relationship between capitalism and democracy in a globalized world. Why Not Default? unravels a striking puzzle at the heart of these debates—why, despite frequent crises and the immense costs of repayment, do so many heavily indebted countries continue to service their international debts? In this compelling and incisive book, Jerome Roos provides a sweeping investigation of the political economy of sovereign debt and international crisis management. He takes readers from the rise of public borrowing in the Italian city-states to the gunboat diplomacy of the imperialist era and the wave of sovereign defaults during the Great Depression. He vividly describes the debt crises of developing countries in the 1980s and 1990s and sheds new light on the recent turmoil inside the Eurozone—including the dramatic capitulation of Greece’s short-lived anti-austerity government to its European creditors in 2015. Drawing on in-depth case studies of contemporary debt crises in Mexico, Argentina, and Greece, Why Not Default? paints a disconcerting picture of the ascendancy of global finance. This important book shows how the profound transformation of the capitalist world economy over the past four decades has endowed private and official creditors with unprecedented structural power over heavily indebted borrowers, enabling them to impose painful austerity measures and enforce uninterrupted debt service during times of crisis—with devastating social consequences and far-reaching implications for democracy.
Book Synopsis Why Not Default? by : Jerome E. Roos
Download or read book Why Not Default? written by Jerome E. Roos and published by Princeton University Press. This book was released on 2021-03-02 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: How creditors came to wield unprecedented power over heavily indebted countries—and the dangers this poses to democracy The European debt crisis has rekindled long-standing debates about the power of finance and the fraught relationship between capitalism and democracy in a globalized world. Why Not Default? unravels a striking puzzle at the heart of these debates—why, despite frequent crises and the immense costs of repayment, do so many heavily indebted countries continue to service their international debts? In this compelling and incisive book, Jerome Roos provides a sweeping investigation of the political economy of sovereign debt and international crisis management. He takes readers from the rise of public borrowing in the Italian city-states to the gunboat diplomacy of the imperialist era and the wave of sovereign defaults during the Great Depression. He vividly describes the debt crises of developing countries in the 1980s and 1990s and sheds new light on the recent turmoil inside the Eurozone—including the dramatic capitulation of Greece’s short-lived anti-austerity government to its European creditors in 2015. Drawing on in-depth case studies of contemporary debt crises in Mexico, Argentina, and Greece, Why Not Default? paints a disconcerting picture of the ascendancy of global finance. This important book shows how the profound transformation of the capitalist world economy over the past four decades has endowed private and official creditors with unprecedented structural power over heavily indebted borrowers, enabling them to impose painful austerity measures and enforce uninterrupted debt service during times of crisis—with devastating social consequences and far-reaching implications for democracy.
Download or read book Challenge Magazine written by and published by . This book was released on 2000 with total page 806 pages. Available in PDF, EPUB and Kindle. Book excerpt:
This collection of articles from Challenge magazine and other sources surveys the key questions of monetary policy, financial instability the legacy of stagflation and international relations. An examination of how regulatory reform has combined with Reaganomics is also discussed.
Book Synopsis Reforming Money and Finance by : Robert Guttmann
Download or read book Reforming Money and Finance written by Robert Guttmann and published by Routledge. This book was released on 1989 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of articles from Challenge magazine and other sources surveys the key questions of monetary policy, financial instability the legacy of stagflation and international relations. An examination of how regulatory reform has combined with Reaganomics is also discussed.
Book Synopsis United & Babson Investment Report by :
Download or read book United & Babson Investment Report written by and published by . This book was released on 1984 with total page 682 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Basis for an External Debt Policy in Peru by : Diego J. Aramburu
Download or read book Basis for an External Debt Policy in Peru written by Diego J. Aramburu and published by . This book was released on 1993 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt:
