{"product_id":"9780470821701-the-dollar-crisis","title":"The Dollar Crisis","description":"\u003cmeta content=\"text\/html; charset=utf-8\" http-equiv=\"Content-Type\"\u003e\u003cp\u003e\u003cspan\u003eCauses, Consequences, Cures\u003cbr\u003eWill the series of financial and currency crises in recent years culminate in the collapse of the U.S. dollar and a worldwide economic slump? This updated and revised edition of The Dollar Crisis describes the evolution of the crisis in the international monetary system over the two years since the original edition was published.\u003cbr\u003eIn this updated, second edition of the highly acclaimed international best seller, \u003ci\u003eThe Dollar Crisis: Causes, Consequences, Cures\u003c\/i\u003e, Richard Duncan describes the flaws in the international monetary system that have destabilized the global economy and that may soon culminate in a deflation-induced worldwide economic slump.  \u003cp\u003e\u003cb\u003eThe Dollar Crisis is divided into five parts:\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart One\u003c\/b\u003e 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.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Two\u003c\/b\u003e explains why these giant deficits cannot persist and why a US recession and a collapse in the value of the Dollar are unavoidable.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Three\u003c\/b\u003e analyzes the extraordinarily harmful impact that the US recession and the collapse of the Dollar will have on the rest of the world.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Four\u003c\/b\u003e 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.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Five\u003c\/b\u003e, 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.\u003c\/p\u003e \u003cp\u003eThe Dollar Standard is inherently flawed and increasingly unstable. Its collapse will be the most important economic event of the 21st Century.\u003c\/p\u003e\n\u003cbr\u003e\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e","brand":"Rarewaves","offers":[{"title":"Default Title","offer_id":56449742045558,"sku":"9780470821701","price":22.04,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0092\/7504\/8033\/files\/orig_26852131.jpg?v=1760446617","url":"https:\/\/www.rarewaves.com\/products\/9780470821701-the-dollar-crisis","provider":"Rarewaves.com","version":"1.0","type":"link"}