The Dollar Crisis: Causes, Consequences, Cures,New

The Dollar Crisis: Causes, Consequences, Cures,New

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In this updated, second edition of the highly acclaimed international best seller, The Dollar Crisis: Causes, Consequences, Cures, Richard Duncan describes the flaws in the international monetary system that have destabilized the global economy and that may soon culminate in a deflationinduced worldwide economic slump.The Dollar Crisis is divided into five parts:Part One describes how the US trade deficits, which now exceed US$1 million a minute, have destabilized the global economy by creating a worldwide credit bubble.Part Two explains why these giant deficits cannot persist and why a US recession and a collapse in the value of the Dollar are unavoidable.Part Three analyzes the extraordinarily harmful impact that the US recession and the collapse of the Dollar will have on the rest of the world.Part Four offers original recommendations that, if implemented, would help mitigate the damage of the coming worldwide downturn and put in place the foundations for balanced and sustainable economic growth in the decades ahead.Part Five, which has been newly added to the second edition, describes the extraordinary evolution of this crisis since the first edition was completed in September 2002. It also considers how the Dollar Crisis is likely to unfold over the years immediately ahead, the likely policy response to the crisis, and why that response cannot succeed.The Dollar Standard is inherently flawed and increasingly unstable. Its collapse will be the most important economic event of the 21st Century.

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Warranty

We provide a 2-year limited warranty, from the date of purchase for all our products.

If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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Frequently Asked Questions

  • Q: What is the main topic of 'The Dollar Crisis: Causes, Consequences, Cures'? A: 'The Dollar Crisis' discusses the flaws in the international monetary system, the impact of US trade deficits, and the potential for a worldwide economic downturn.
  • Q: Who is the author of this book? A: The author of 'The Dollar Crisis' is Richard Duncan, known for his insights into global economics.
  • Q: How many pages does 'The Dollar Crisis' contain? A: 'The Dollar Crisis' has a total of 288 pages.
  • Q: Is this book a revised edition? A: Yes, this is the revised and updated second edition of 'The Dollar Crisis'.
  • Q: What is the publication date of this book? A: 'The Dollar Crisis: Causes, Consequences, Cures' was published on June 22, 2005.
  • Q: What format is this book available in? A: 'The Dollar Crisis' is available in paperback binding.
  • Q: What are the key parts of 'The Dollar Crisis'? A: The book is divided into five parts that cover the causes of the crisis, its consequences, and potential solutions.
  • Q: What economic concepts does Richard Duncan address in this book? A: Duncan addresses the US trade deficits, credit bubbles, recession impacts, and the flawed Dollar Standard.
  • Q: Is this book suitable for readers interested in economics? A: Yes, 'The Dollar Crisis' is suitable for readers interested in international monetary systems and economic trends.
  • Q: Can this book help in understanding future economic trends? A: Yes, it provides insights into how the current economic crisis may evolve and offers recommendations for future stability.