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Debt and Delusion: Central Bank Follies That Threaten Economic Disaster

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Debt and Delusion: Central Bank Follies That Threaten Economic Disaster (Hardcover)

by Peter Warburton (Author)

5.0 out of 5 stars See all reviews (1 customer review)

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Product details

Hardcover: 336 pages
Publisher: Allen Lane (4 Mar 1999)
Language English
ISBN-10: 0713992727
ISBN-13: 978-0713992724
Product Dimensions: 24.2 x 16.3 x 3.1 cm

Average Customer Review: 5.0 out of 5 stars See all reviews (1 customer review)

Amazon.co.uk Sales Rank: 833,735 in Books (See Bestsellers in Books)

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Product Description

There is an unexploded bomb in the global financial system, threatening to bring the greatest disruption to the lives of people since the Depression on the 1930s. This potential explosion has been created by dereliction of duty by the world's largest central banks, which have helped to create an unsustainable illusion of personal wealth and national prosperity, exposing the public to uninsurable risks in the process. This volume looks at how this economic timebomb has been created by unchecked credit expansion and the potential havoc it could wreak.

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4 of 4 people found the following review helpful:

5.0 out of 5 stars Every Investment Banker should read, 8 Oct 2007

By	Wendy "Economist" (Monaco) - See all my reviews

This book is so topical for the current moment October 2007. Everything predicted by Peter Warburton is occurring. I first read in year 2000 just after publication and was very impressed ...I have just re-read in the light of current circumstances.

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