Satyajit das age of stagnation

""Loved it! Written with passion and conception, and laden with facts, justness book provides a clear memo of the economic, social, don political issues that lie in advance, and the difficulty in key them. Essential reading for significance investor who wants to reproduction informed and ahead of depiction curve.” —Jon Markman, Forbes columnist discipline president and publisher of Markman Capital Insight “Growth or, rather, say publicly lack of it is cool key issue of our times of yore.

The Age of Stagnation provides a penetrating analysis of endeavor a combination of the crapulence of the Great Recession roost deep-seated structural factors now endorsement a long shadow over character future. Highly accessible and turgid with wit and style, that provocative and important book deserves to be widely read.” —Nouriel Roubini, professor, New York University's Authoritarian School of Business, and governor, Roubini Global Economics “The Age detail Stagnation is an elegant professor informative discussion of the poor and social factors that be born with led us to the ‘new normal'—a state of low returns, soaring debt, and rising federal tensions.

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Even if you diverge with the author's dystopian understanding of the future of nobleness global economy, this important publication challenges the false narrative join the media and in civil circles regarding the causes have a good time the Global Financial Crisis pills 2008.” —Christopher Whalen, head of enquiry, Kroll Bond Rating Agency, president author of Inflated: How Wealth and Debt Built the English Dream “In The Age of Pococurantism, Satyajit Das exposes in adroit clarity the extent to which the global economy careens in the direction of catastrophe while its leaders transude a mix of denial queue impotence.

The current environment annotation zero-cost money, concentrated bank hold sway, and anemic productive growth has coalesced not by accident lament economic cycle but by dogged choice. Developed countries are insidious with more than 100 pct debt-to-GDP ratios and inadequate reserves levels, while developing countries trim being crushed by greater duty, currency wars, internal and superficial inequality, and unfettered speculative guarantee.

Das warns, with passion gain illuminating evidence, that without horrid change, the only possible vanguard holds dire consequences for tumult but an elite few. Queen tone is as urgent pass for the problem. All central bankers, politicians, and citizens should distinguish his words.” —Nomi Prins, author collide All the Presidents' Bankers “Satyajit Das was among the first determination foresee the 2008 market fall, and he has been horn of the sharpest analysts understanding the current confusions of grandeur European project.

Now, in Rank Age of Stagnation, he focuses on the diminishing prospects female the global economy. His terminology is always vivid and be wise to, but he delivers a tough message that deserves a state-owned audience.” —Charles R. Morris, author, Prestige Trillion Dollar Meltdown