by JohnMauldin (Author), JonathanTepper (Author)
Greece isn't the only country drowning in debt. The Debt Supercycle when the easily managed, decades-long growth of debt results in a massive sovereign debt and credit crisis is affecting developed countries around the world, including the United States. For these countries, there are only two options, and neither is good restructure the debt or reduce it through austerity measures. Endgame details the Debt Supercycle and the sovereign debt crisis, and shows that, while there are no good choices, the worst choice would be to ignore the deleveraging resulting from the credit crisis. The book:
Around the world, countries are faced with difficult choices. Endgame provides a framework for making those choices.
Format: Hardcover
Pages: 336
Publisher: John Wiley & Sons
Published: 25 Mar 2011
ISBN 10: 1118004574
ISBN 13: 9781118004579
JONATHAN TEPPER is the founder and Chief Editor of Variant Perception, a macroeconomic research group catering to hedge funds and high-net-worth individuals.