Aftermath

Aftermath

Author: Manuel Castells

Publisher: OUP Oxford

Published: 2012-07-26

Total Pages: 336

ISBN-13: 0191636959

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The crisis of global capitalism that has unfolded since 2008 is more than an economic crisis. It is structural and multidimensional. The sequence of events that have taken place in its aftermath show that we are entering a world that is very different from the social and economic conditions that characterized the rise of global, informational capitalism in the preceding three decades. The policies and strategies that intended to manage the crisis-with mixed results depending on the country-may usher in a distinctly different economic and institutional system, as the New Deal, the construction of the European Welfare State, and the Bretton Woods global financial architecture all gave rise to a new form of capitalism in the aftermath of the 1930s Depression, and World War II. This volume examines the cultures and institutions at the root of the crisis, as well as the conflicts and debates that lead to a new social landscape, including the rise of alternative economic cultures expressed in the social movements occupying Wall Street. The book presents the results of a shared project of reflection by an interdisciplinary group of researchers from around the world. It contends that there is no quick fix to the current financial and political system. Life beyond the crisis requires a transformation of the mindset that led to bankruptcy and despair, and to economies and societies based on an unsustainable model of speculative finance and political irresponsibility. The book explains why and explores the contours of the world emerging in the aftermath of the crisis.


Book Synopsis Aftermath by : Manuel Castells

Download or read book Aftermath written by Manuel Castells and published by OUP Oxford. This book was released on 2012-07-26 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: The crisis of global capitalism that has unfolded since 2008 is more than an economic crisis. It is structural and multidimensional. The sequence of events that have taken place in its aftermath show that we are entering a world that is very different from the social and economic conditions that characterized the rise of global, informational capitalism in the preceding three decades. The policies and strategies that intended to manage the crisis-with mixed results depending on the country-may usher in a distinctly different economic and institutional system, as the New Deal, the construction of the European Welfare State, and the Bretton Woods global financial architecture all gave rise to a new form of capitalism in the aftermath of the 1930s Depression, and World War II. This volume examines the cultures and institutions at the root of the crisis, as well as the conflicts and debates that lead to a new social landscape, including the rise of alternative economic cultures expressed in the social movements occupying Wall Street. The book presents the results of a shared project of reflection by an interdisciplinary group of researchers from around the world. It contends that there is no quick fix to the current financial and political system. Life beyond the crisis requires a transformation of the mindset that led to bankruptcy and despair, and to economies and societies based on an unsustainable model of speculative finance and political irresponsibility. The book explains why and explores the contours of the world emerging in the aftermath of the crisis.

The World Crisis: The Aftermath

The World Crisis: The Aftermath

Author: Winston S. Churchill

Publisher: Rosetta Books

Published: 2013-09-23

Total Pages: 451

ISBN-13: 0795331517

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The aftermath of World War I is explored in the fourth volume of Winston Churchill’s “remarkable” eyewitness account of history (Jon Meacham, bestselling author of Franklin and Winston). Once the war was over, the story didn’t end—not for Winston Churchill, and not for the West. The fourth volume of Churchill’s series, The World Crisis: The Aftermath documents the fallout of WWI—including the Irish Treaty and the peace conferences between Greece and Turkey. The period immediately after World War I was extremely chaotic—and it takes a genius of narrative description and organization to accurately and accessibly describe it for us. Churchill, who went on to receive a Nobel Prize in Literature, depicts the international disorganization and anarchy in the period immediately after the war—with the unique perspective of both a historian and a political insider. “Whether as a statesman or an author, Churchill was a giant; and The World Crisis towers over most other books about the Great War.” —David Fromkin, author of A Peace to End All Peace


Book Synopsis The World Crisis: The Aftermath by : Winston S. Churchill

Download or read book The World Crisis: The Aftermath written by Winston S. Churchill and published by Rosetta Books. This book was released on 2013-09-23 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aftermath of World War I is explored in the fourth volume of Winston Churchill’s “remarkable” eyewitness account of history (Jon Meacham, bestselling author of Franklin and Winston). Once the war was over, the story didn’t end—not for Winston Churchill, and not for the West. The fourth volume of Churchill’s series, The World Crisis: The Aftermath documents the fallout of WWI—including the Irish Treaty and the peace conferences between Greece and Turkey. The period immediately after World War I was extremely chaotic—and it takes a genius of narrative description and organization to accurately and accessibly describe it for us. Churchill, who went on to receive a Nobel Prize in Literature, depicts the international disorganization and anarchy in the period immediately after the war—with the unique perspective of both a historian and a political insider. “Whether as a statesman or an author, Churchill was a giant; and The World Crisis towers over most other books about the Great War.” —David Fromkin, author of A Peace to End All Peace

Posttraumatic Growth

Posttraumatic Growth

Author: Richard G. Tedeschi

Publisher: Routledge

Published: 1998-03-01

Total Pages: 423

ISBN-13: 1135689792

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That which does not kill us makes us stronger. (Nietzsche) The phenomenon of positive personal change following devastating events has been recognized since ancient times, but given little attention by contemporary psychologists and psychiatrists, who have tended to focus on the negative consequences of stress. In recent years, evidence from diverse fields has converged to suggest the reality and pervasive importance of the processes the editors sum up as posttraumatic growth. This volume offers the first comprehensive overview of these processes. The authors address a variety of traumas--among them bereavement, physical disability, terminal illness, combat, rape, and natural disasters--following which experiences of growth have been reported. How can sufferers from posttraumatic stress disorder best be helped? What does "resilience" in the face of high risk mean? Which personality characteristics facilitate growth? To what extent is personality change possible in adulthood? How can concepts like happiness and self-actualization be operationalized? What role do changing belief systems, schemas, or "assumptive worlds" play in positive adaptation? Is "stress innoculation" possible? How do spiritual beliefs become central for many people struck by trauma, and how are posttraumatic growth and recovery from substance abuse or the crises of serious physical illnesses linked? Such questions have concerned not only the recently defined and expanding group of "traumatologists," but also therapists of all sorts, personality and social psychologists, developmental and cognitive researchers, specialists in health psychology and behavioral medicine, and those who study religion and mental health. Overcoming the challenges of life's worst experiences can catalyze new opportunities for individual and social development. Learning about persons who discover or create the perception of positive change in their lives may shed light on the problems of those who continue to suffer. Posttraumatic Growth will stimulate dialogue among personality and social psychologists and clinicians, and influence the theoretical foundations and clinical agendas of investigators and practitioners alike.


Book Synopsis Posttraumatic Growth by : Richard G. Tedeschi

Download or read book Posttraumatic Growth written by Richard G. Tedeschi and published by Routledge. This book was released on 1998-03-01 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: That which does not kill us makes us stronger. (Nietzsche) The phenomenon of positive personal change following devastating events has been recognized since ancient times, but given little attention by contemporary psychologists and psychiatrists, who have tended to focus on the negative consequences of stress. In recent years, evidence from diverse fields has converged to suggest the reality and pervasive importance of the processes the editors sum up as posttraumatic growth. This volume offers the first comprehensive overview of these processes. The authors address a variety of traumas--among them bereavement, physical disability, terminal illness, combat, rape, and natural disasters--following which experiences of growth have been reported. How can sufferers from posttraumatic stress disorder best be helped? What does "resilience" in the face of high risk mean? Which personality characteristics facilitate growth? To what extent is personality change possible in adulthood? How can concepts like happiness and self-actualization be operationalized? What role do changing belief systems, schemas, or "assumptive worlds" play in positive adaptation? Is "stress innoculation" possible? How do spiritual beliefs become central for many people struck by trauma, and how are posttraumatic growth and recovery from substance abuse or the crises of serious physical illnesses linked? Such questions have concerned not only the recently defined and expanding group of "traumatologists," but also therapists of all sorts, personality and social psychologists, developmental and cognitive researchers, specialists in health psychology and behavioral medicine, and those who study religion and mental health. Overcoming the challenges of life's worst experiences can catalyze new opportunities for individual and social development. Learning about persons who discover or create the perception of positive change in their lives may shed light on the problems of those who continue to suffer. Posttraumatic Growth will stimulate dialogue among personality and social psychologists and clinicians, and influence the theoretical foundations and clinical agendas of investigators and practitioners alike.

The Euro Crisis and Its Aftermath

The Euro Crisis and Its Aftermath

Author: Jean Pisani-Ferry

Publisher: Oxford University Press, USA

Published: 2011

Total Pages: 225

ISBN-13: 0199993335

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The euro's life, while only slightly more than a decade long, has been riddled by a series of challenges and crises. The disparity between the prosperous Northern countries of Germany and France and the plummeting Southern countries, including Italy and Greece, has exacerbated problems withinthe political and economic union of the Eurozone. The North, especially Germany, has debated where to draw the line between doing whatever is necessary to save the common currency and what they have viewed as a charity bailout of countries who flouted the rules for a decade and suffered predictableconsequences. Meanwhile, Southern countries such as Italy, Spain, and Greece have grown increasingly bitter at the attitudes of their partners to the North. Amidst loud and frequent debates, solutions including routes for increased integration and punitive policies and reforms have been enacted anddiscarded to a limited degree of success. The struggles facing this monetary union continue to unfold even today.The Euro Crisis and Its Aftermath was written to inform readers about the history of this enduring European crisis and the alternative proposals for ending it. In four parts, Jean Pisani-Ferry explains the origins of the European currency, the build-up of imbalances and oversights that led to thecrisis, the choices European policymakers have both addressed and ignored since 2010, the evolution of the policy agenda, and possible options for the future. The book is as much of an informative and analytical history as it is a prescriptive solution for a more prosperous future world economy.Rather than putting forth and supporting a thesis, Pisani-Ferry helps readers understand the past and present of the euro crisis and form their own opinions about potential solutions. It has grown out of his book Le Reveil des Demons published in France in 2011. The content has been updatedextensively to cover the events of the past few years and augmented to better explain the Eurozone to a global audience. This book is not intended to reach only economists, as time has long passed since European monetary unification was a debate limited to academics. This book is also for the policymakers searching for solutions, citizens of Europe enduring the consequences, and the international community that has felt the effects of an unstable Eurozone.


Book Synopsis The Euro Crisis and Its Aftermath by : Jean Pisani-Ferry

Download or read book The Euro Crisis and Its Aftermath written by Jean Pisani-Ferry and published by Oxford University Press, USA. This book was released on 2011 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: The euro's life, while only slightly more than a decade long, has been riddled by a series of challenges and crises. The disparity between the prosperous Northern countries of Germany and France and the plummeting Southern countries, including Italy and Greece, has exacerbated problems withinthe political and economic union of the Eurozone. The North, especially Germany, has debated where to draw the line between doing whatever is necessary to save the common currency and what they have viewed as a charity bailout of countries who flouted the rules for a decade and suffered predictableconsequences. Meanwhile, Southern countries such as Italy, Spain, and Greece have grown increasingly bitter at the attitudes of their partners to the North. Amidst loud and frequent debates, solutions including routes for increased integration and punitive policies and reforms have been enacted anddiscarded to a limited degree of success. The struggles facing this monetary union continue to unfold even today.The Euro Crisis and Its Aftermath was written to inform readers about the history of this enduring European crisis and the alternative proposals for ending it. In four parts, Jean Pisani-Ferry explains the origins of the European currency, the build-up of imbalances and oversights that led to thecrisis, the choices European policymakers have both addressed and ignored since 2010, the evolution of the policy agenda, and possible options for the future. The book is as much of an informative and analytical history as it is a prescriptive solution for a more prosperous future world economy.Rather than putting forth and supporting a thesis, Pisani-Ferry helps readers understand the past and present of the euro crisis and form their own opinions about potential solutions. It has grown out of his book Le Reveil des Demons published in France in 2011. The content has been updatedextensively to cover the events of the past few years and augmented to better explain the Eurozone to a global audience. This book is not intended to reach only economists, as time has long passed since European monetary unification was a debate limited to academics. This book is also for the policymakers searching for solutions, citizens of Europe enduring the consequences, and the international community that has felt the effects of an unstable Eurozone.

Financial Crises

Financial Crises

Author: Mr.Stijn Claessens

Publisher: International Monetary Fund

Published: 2014-02-19

Total Pages: 754

ISBN-13: 1484355261

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The lingering effects of the economic crisis are still visible—this shows a clear need to improve our understanding of financial crises. This book surveys a wide range of crises, including banking, balance of payments, and sovereign debt crises. It begins with an overview of the various types of crises and introduces a comprehensive database of crises. Broad lessons on crisis prevention and management, as well as the short-term economic effects of crises, recessions, and recoveries, are discussed.


Book Synopsis Financial Crises by : Mr.Stijn Claessens

Download or read book Financial Crises written by Mr.Stijn Claessens and published by International Monetary Fund. This book was released on 2014-02-19 with total page 754 pages. Available in PDF, EPUB and Kindle. Book excerpt: The lingering effects of the economic crisis are still visible—this shows a clear need to improve our understanding of financial crises. This book surveys a wide range of crises, including banking, balance of payments, and sovereign debt crises. It begins with an overview of the various types of crises and introduces a comprehensive database of crises. Broad lessons on crisis prevention and management, as well as the short-term economic effects of crises, recessions, and recoveries, are discussed.

Plunging into Turmoil in the Aftermath of Crisis

Plunging into Turmoil in the Aftermath of Crisis

Author: Cristina Montalvão Sarmento

Publisher: Cambridge Scholars Publishing

Published: 2019-01-24

Total Pages: 290

ISBN-13: 1527526968

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The 2008 economic and financial crisis marked the beginning of a period of social transformation and uncertainty that continues to characterise present and future social development in unplanned and unexpected ways, with frequently harmful effects. It has highlighted the need for a deeper understanding of crises phenomena and how these affect the overall course of human development. On the one hand, the social sciences constitute a means for acquiring a better understanding of the character of the rapid and complex social transformations associated with crises. On the other hand, they can orientate people and social practices on how a greater degree of collective and democratic control can be acquired over the manner and direction of social processes in crises contexts. This book brings together a team of international scholars to address the notion of crises. Two main strains of inquiry orientate this study. First, it questions how different sociological and theoretical approaches might contribute to explain crises phenomena, analyse their effects, and identify their potential future paths of development. Secondly, it considers how crises processes and their effects on human social existence demand a re-thinking of the role of the social sciences in society, and what such a role might be. This volume not only opens up future lines of research by providing a comprehensive approach to crises phenomena, but also fills an important gap in the literature about crises which is frequently focused on only one of these dimensions and on particular historical contexts, rather than producing more comprehensive frameworks regarding the study of crises processes as a whole.


Book Synopsis Plunging into Turmoil in the Aftermath of Crisis by : Cristina Montalvão Sarmento

Download or read book Plunging into Turmoil in the Aftermath of Crisis written by Cristina Montalvão Sarmento and published by Cambridge Scholars Publishing. This book was released on 2019-01-24 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2008 economic and financial crisis marked the beginning of a period of social transformation and uncertainty that continues to characterise present and future social development in unplanned and unexpected ways, with frequently harmful effects. It has highlighted the need for a deeper understanding of crises phenomena and how these affect the overall course of human development. On the one hand, the social sciences constitute a means for acquiring a better understanding of the character of the rapid and complex social transformations associated with crises. On the other hand, they can orientate people and social practices on how a greater degree of collective and democratic control can be acquired over the manner and direction of social processes in crises contexts. This book brings together a team of international scholars to address the notion of crises. Two main strains of inquiry orientate this study. First, it questions how different sociological and theoretical approaches might contribute to explain crises phenomena, analyse their effects, and identify their potential future paths of development. Secondly, it considers how crises processes and their effects on human social existence demand a re-thinking of the role of the social sciences in society, and what such a role might be. This volume not only opens up future lines of research by providing a comprehensive approach to crises phenomena, but also fills an important gap in the literature about crises which is frequently focused on only one of these dimensions and on particular historical contexts, rather than producing more comprehensive frameworks regarding the study of crises processes as a whole.

Capitalism 4.0

Capitalism 4.0

Author: Anatole Kaletsky

Publisher: Hachette UK

Published: 2011-06-28

Total Pages: 448

ISBN-13: 1610390741

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In this controversial book, Anatole Kaletsky puts the upheavals of 2007-2009 in historical and ideological perspective. He shows how the forces that precipitated the financial meltdown are now creating a new and stronger version of the global capitalist system-- one that will continue to be led and shaped by the U.S. if its businesses and politicians play their cards well. This is Capitalism 4.0, and it will change politics, finance, international relations, and economic thinking in the coming decades.


Book Synopsis Capitalism 4.0 by : Anatole Kaletsky

Download or read book Capitalism 4.0 written by Anatole Kaletsky and published by Hachette UK. This book was released on 2011-06-28 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this controversial book, Anatole Kaletsky puts the upheavals of 2007-2009 in historical and ideological perspective. He shows how the forces that precipitated the financial meltdown are now creating a new and stronger version of the global capitalist system-- one that will continue to be led and shaped by the U.S. if its businesses and politicians play their cards well. This is Capitalism 4.0, and it will change politics, finance, international relations, and economic thinking in the coming decades.

The Aftermath of the Crisis

The Aftermath of the Crisis

Author: Ernesto Talvi

Publisher: Inter-American Development Bank

Published: 2010-03-22

Total Pages: 70

ISBN-13:

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In the aftermath of the direst global crisis in recent times, Latin America and the Caribbean have shown remarkable resilience. The aim of this report is threefold: first, to understand the sources of this resilience, identifying the role played by unprecedented international financial support on the one hand, and the strength of domestic macroeconomic fundamentals on the other; second, to highlight the policy lessons that emerge from this analysis both for the region and the international financial community; and finally, to identify critical macroeconomic policy challenges for the region.


Book Synopsis The Aftermath of the Crisis by : Ernesto Talvi

Download or read book The Aftermath of the Crisis written by Ernesto Talvi and published by Inter-American Development Bank. This book was released on 2010-03-22 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the aftermath of the direst global crisis in recent times, Latin America and the Caribbean have shown remarkable resilience. The aim of this report is threefold: first, to understand the sources of this resilience, identifying the role played by unprecedented international financial support on the one hand, and the strength of domestic macroeconomic fundamentals on the other; second, to highlight the policy lessons that emerge from this analysis both for the region and the international financial community; and finally, to identify critical macroeconomic policy challenges for the region.

Aftermath

Aftermath

Author: James Rickards

Publisher: Penguin

Published: 2019-07-23

Total Pages: 336

ISBN-13: 0735216967

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A Wall Street Journal bestseller Financial expert, investment advisor and New York Times bestselling author James Rickards shows why and how global financial markets are being artificially inflated--and what smart investors can do to protect their assets What goes up, must come down. As any student of financial history knows, the dizzying heights of the stock market can't continue indefinitely--especially since asset prices have been artificially inflated by investor optimism around the Trump administration, ruinously low interest rates, and the infiltration of behavioral economics into our financial lives. The elites are prepared, but what's the average investor to do? James Rickards, the author of the prescient books Currency Wars, The Death of Money, and The Road to Ruin, lays out the true risks to our financial system, and offers invaluable advice on how best to weather the storm. You'll learn, for instance: * How behavioral economists prop up the market: Funds that administer 401(k)s use all kinds of tricks to make you invest more, inflating asset prices to unsustainable levels. * Why digital currencies like Bitcoin and Ethereum are best avoided. * Why passive investing has been overhyped: The average investor has been scolded into passively managed index funds. But active investors will soon have a big advantage. * What the financial landscape will look like after the next crisis: it will not be an apocalypse, but it will be radically different. Those who forsee this landscape can prepare now to preserve wealth. Provocative, stirring, and full of counterintuitive advice, Aftermath is the book every smart investor will want to get their hands on--as soon as possible.


Book Synopsis Aftermath by : James Rickards

Download or read book Aftermath written by James Rickards and published by Penguin. This book was released on 2019-07-23 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Wall Street Journal bestseller Financial expert, investment advisor and New York Times bestselling author James Rickards shows why and how global financial markets are being artificially inflated--and what smart investors can do to protect their assets What goes up, must come down. As any student of financial history knows, the dizzying heights of the stock market can't continue indefinitely--especially since asset prices have been artificially inflated by investor optimism around the Trump administration, ruinously low interest rates, and the infiltration of behavioral economics into our financial lives. The elites are prepared, but what's the average investor to do? James Rickards, the author of the prescient books Currency Wars, The Death of Money, and The Road to Ruin, lays out the true risks to our financial system, and offers invaluable advice on how best to weather the storm. You'll learn, for instance: * How behavioral economists prop up the market: Funds that administer 401(k)s use all kinds of tricks to make you invest more, inflating asset prices to unsustainable levels. * Why digital currencies like Bitcoin and Ethereum are best avoided. * Why passive investing has been overhyped: The average investor has been scolded into passively managed index funds. But active investors will soon have a big advantage. * What the financial landscape will look like after the next crisis: it will not be an apocalypse, but it will be radically different. Those who forsee this landscape can prepare now to preserve wealth. Provocative, stirring, and full of counterintuitive advice, Aftermath is the book every smart investor will want to get their hands on--as soon as possible.

The Financial Crisis Inquiry Report

The Financial Crisis Inquiry Report

Author: Financial Crisis Inquiry Commission

Publisher: Cosimo, Inc.

Published: 2011-05-01

Total Pages: 692

ISBN-13: 1616405414

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The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.


Book Synopsis The Financial Crisis Inquiry Report by : Financial Crisis Inquiry Commission

Download or read book The Financial Crisis Inquiry Report written by Financial Crisis Inquiry Commission and published by Cosimo, Inc.. This book was released on 2011-05-01 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.