Endgame

Beschreibung

Greece isn't the only country drowning in debt. The DebtSupercycle--when the easily managed, decades-long growth ofdebt results in a massive sovereign debt and credit crisis--isaffecting developed countries around the world, including theUnited States. For these countries, there are only two options, andneither is good--restructure the debt or reduce it throughausterity measures. Endgame details the Debt Supercycle andthe sovereign debt crisis, and shows that, while there are no goodchoices, the worst choice would be to ignore the deleveragingresulting from the credit crisis. The book: * Reveals why the world economy is in for an extended period ofsluggish growth, high unemployment, and volatile markets punctuatedby persistent recessions * Reviews global markets, trends in population, governmentpolicies, and currencies Around the world, countries are faced with difficult choices.Endgame provides a framework for making those choices.

Autor*in

John Mauldin

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Finance & Investments Finanz- u. Anlagewesen Investments & Securities Kapitalanlage Kapitalanlagen u. Wertpapiere

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In Endgame: The End of the Debt Supercycle and How It ChangesEverything, Mauldin and Tepper pull no punches and get directlythe point. ...Endgame is a veritable trip around the world,as Mauldin lays out the uncomfortable choices facing nearly everymajor country. While Mauldin's analysis of the American debtproblem is sobering, his comments on Europe are downrightfrightening...Given the noise dominating the newswires, it isrefreshing to find clear, coherent thinking. Our compliments toMessrs. Mauldin and Tepper on a job well done." --Charles Sizemore, HS Dent Research Analyst and Editorof the Sizemore Investment Letter
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