- Format: Kindle Edition
- File Size: 210 KB
- Print Length: 64 pages
- Publisher: Endeavour Press Ltd; 1 edition (8 Dec. 2011)
- Sold by: Amazon Media EU S.à r.l.
- Language: English
- ASIN: B006JY45ZC
- Text-to-Speech: Enabled
- Word Wise: Enabled
- Average Customer Review: 13 customer reviews
- Amazon Bestsellers Rank: #218,530 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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The Long Depression: The Slump of 2008 to 2031 (Updated 2013 Edition) Kindle Edition
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Top Customer Reviews
Although we have just come through the perfect economic storm, as the author describes it - and there are storms still on the horizon in regards to the ailing Eurozone and national and personal indebtedness - The Long Depression is the first book I have read for awhile on the subject which is also written with humour and yes, at the very end, optimis
Matthew Lynn has written a bleak, but illuminating, account of the current economic crisis - and what's on the horizon. However, he also draws on historical evidence from the recessions of the late 1800's and the `Great' depression of the 1930's to put what is happening now into context. He argues that history is repeating itself (albeit not wholly).
The book is particularly pertinant to UK readers - and the European question - although Lynn also addresses the problems and prospective fate of the United States of America.
This engaging and pithy short book, which in some ways reads like an extended Economist article, is suitable for economists and general readers as well. Topics such as debt, EU incompetence, political short-termism and our own greed and folly are all covered.
Although The Long Depression does not wholly agree with or vindicate George Osborne's strategy/decisions, it does rightly condemn the mistakes and deceptions of the Labour Government and Ed Ball's myopia - who would have us dig a deeper hole of indebtedness to furnish us with an economic grave.
Lynn presents his argument in six concise, well thought-out chapters. There are nice touches of humour too. He should particularly be praised for the way in which he manages to assure the readers that there will be light at the end of the tunnel (if we stop making the wrong turns) despite the dire straits we have got ourselves in.
Mathew Lynn writes well and it is an easy read too which some of these books aren't. A good buy.
It used to amaze me about the excesses of the past 20 years but when you realise that the country has been in recession for 40 years as this book explains with calculating GDP which includes household and government debt,you can see why we're in the mess that is now. Another great fact from this book was that the UK government lent more in the last 3 years than the whole of last century,shocking stuff and the road ahead won't impress your children :)
Most Recent Customer Reviews
A good short book reminding us how frail the money systems are. Anyone with investments need to be constantly on watch for another bank mentdown or credit crunch.Published on 16 April 2014 by R. F. Culverhouse
Well written and very compelling. My only criticism is a technical one; the book may not have been expensive but that is no excuse for sloppy proof reading. Read morePublished on 6 Oct. 2013 by Ronald Rothammer
The basic thesis is that no-one is around who has the memory of long bad recessions can last. This one is different and the unwinding of the Euro will be chaotic and harmful. Read morePublished on 1 Aug. 2013 by Mr. A Howie
Great overview and analysis of the debt burden that is hanging over most of the developed economies.
Not a light read for the summer break
I would recommend it although it is not a book but an essay, and as such it is not an exhaustive view.Published on 18 Dec. 2012 by alessio