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The Euro Crisis For Dummies
 
 

The Euro Crisis For Dummies [Kindle Edition]

Julian Knight
4.2 out of 5 stars  See all reviews (11 customer reviews)

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Product Description

Product Description

Your handy mini-guide to the eurozone crisis

These are turbulent times for Europe. The European debt crisis has dominated headlines, toppled elected leaders, and even called into question the survival of the Euro itself. In fact, not a day goes by without headlines screaming about the eurozone in crisis.

But what are the key issues at stake? What exactly caused the crisis...and what might happen next? Julian Knight walks you through the issues and explains - in plain English - what the crisis means for you, and for the global economy. 

Open the book and find:

  • How the crisis came about
  • What it means to you
  • Crystal ball predictions on what might happen next 
  • ‘Must know' facts about the crisis

Product details

  • Format: Kindle Edition
  • File Size: 148 KB
  • Print Length: 27 pages
  • Publisher: For Dummies (1 Feb 2012)
  • Sold by: Amazon Media EU S. r.l.
  • Language: English
  • ASIN: B0076L9T94
  • Text-to-Speech: Enabled
  • X-Ray:
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (11 customer reviews)
  • Amazon Bestsellers Rank: #73,761 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Customer Reviews

Most Helpful Customer Reviews
11 of 11 people found the following review helpful
5.0 out of 5 stars Great little read 2 Mar 2012
Format:Kindle Edition
I thought the book was great. It is short, but its explanation of the euro situation was very clear and concise.

The whole history of how the euro came into being, the problems that Greece faces, and how the euro situation could affect China are covered in detail.

After finishing the book you'll have an understanding of why the euro really is in crisis.

If only the newspapers could cover the situation in such plain informative English.

Highly recommended.
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3 of 3 people found the following review helpful
5.0 out of 5 stars The Euro crisis in several easy parts 13 Jun 2012
Format:Kindle Edition|Verified Purchase
No doubt there is a lot of detail missing from this book - but that is not the point. This book's purpose is to give the overview of the birth of the Euro, its life so far and what sort of noises the life support machine is making at the moment. This book will no doubt quickly date as the Euro crisis lurches along, but then that is the beauty of electronic books in that they can be updated so easily.

Suffice to say this book is more than enough to get you up to speed on the crisis as well as looking at possible outcomes including the return of the Dracma - maybe.
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2 of 2 people found the following review helpful
5.0 out of 5 stars Everything you need to know.... 17 April 2012
Format:Kindle Edition|Verified Purchase
...but where afraid to ask. This book gives you the tools to convince even your closest friends that you have a handle on everything that led to the crisis in the Euro zone. At 99p you would be mad not to buy it!
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Format:Kindle Edition|Verified Purchase
Julian Knight is confused between the balance of payments and government accounts, stating that governments spending less than they earn will have a current account surplus. This is simply not the case and reflects either a sloppy, amateurish approach or a jaw dropping lack of understanding of rudimentary economics.

Also, though he does present austerity as a debated issue, he seems to do so only as a question of degree - how much austerity is right for recovery, rather than whether it is right at all. He does not state that many people feel austerity is fundamentally the wrong policy, and that governments should be adopting a Keynesian approach and spending more to stimulate growth.
Whether one is pro or anti-austerity, the author of a primer book such as this has a duty to the reader to present both views (and even mention it is an ideologically charged issue, to give the reader a deeper political understanding).
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5.0 out of 5 stars Excellent for a light introduction 29 Dec 2013
By SB
Format:Kindle Edition|Verified Purchase
Explained difficult concepts and introduces concepts like "devaluing" currency in layman's terms and why Europe is in the mess that is in. Worth the purchase.
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4.0 out of 5 stars A good overview 27 Sep 2013
Format:Kindle Edition|Verified Purchase
Short, concise, and most importantly, neutral. It is very short, so some readers may find it somewhat lacking, but as a very basic overview of the crisis it's definitely worth a read.
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Popular Highlights

 (What's this?)
&quote;
Normally when an economy is in recession, the value of the national currency falls making exports cheaper. This helps firms sell goods abroad, boosting growth and solving the economic problems. This is called currency devaluation &quote;
Highlighted by 6 Kindle users
&quote;
The Euro is the second most-traded currency in the world behind the US dollar. &quote;
Highlighted by 4 Kindle users
&quote;
Since 1999, six other countries have been allowed to join: Greece, Slovenia, Cyprus, Malta, Slovakia and Estonia. &quote;
Highlighted by 4 Kindle users

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