{"product_id":"the-dollar-crisis-causes-consequences-cures-paperback","title":"The Dollar Crisis: Causes, Consequences, Cures - Paperback","description":"\u003cp\u003eby \u003cb\u003eRichard Duncan\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\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. \u003c\/p\u003e\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\u003ch3\u003eFront Jacket\u003c\/h3\u003e\u003cp\u003ePosterity may remember \u003ci\u003eThe Dollar Crisis\u003c\/i\u003e as a seminal book in the field of 21st century economics. Indeed, rarely has a book offered such a grim yet, well argued view of the current economic situation facing the world.\u003cbr\u003e \u003cb\u003e--Steven Irvine, \u003c\/b\u003e \u003ci\u003eFinanceAsia\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003eDuncan writes like a man who's already seen tomorrow.\u003cbr\u003e \u003cb\u003e--James Grant, \u003c\/b\u003e \u003ci\u003eGrant's Interest Rate Observer\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eI held a class for about 150 people on the book entitled \u003ci\u003eThe Dollar Crisis, \u003c\/i\u003e authored by Richard Duncan. If you want to better understand why the real estate bubble bust and the crash of the dollar will probably lead to a prolonged recession, you may want to read this book sooner rather than later. In a nutshell, we really do not have a real estate bubble... the world is in a currency bubble. In other words, the governments of the world have printed too much funny money and cash will soon turn to trash. Even if you are not in real estate or are saving dollars, you may want to read this book to find out what you need to invest in now, before the bubble bursts. If you are in stocks and mutual funds, you definitely want to read this book.\u003cbr\u003e \u003cb\u003e--Robert Kiyosaki\u003c\/b\u003e, author of \u003ci\u003eRich Dad, Poor Dad\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eI would like every one of my subscribers to click on to Amazon.com and buy a new book that has just been published entitled, \u003ci\u003eThe Dollar Crisis, Causes, Consequences, Cures\u003c\/i\u003e. The book costs around twenty bucks and is worth ten times that amount. The author, Richard Duncan has a great background and is as smart as they come. He explains why he sees a crashing dollar and a severe recession coming up in the plus a world recession. This is no wild-eyed guru, this is a guy who knows what he's talking about and a guy who understands money and the world monetary system - he's worked for both the World Bank and the International Monetary Fund. Please buy this book!\u003cbr\u003e --\u003cb\u003eRichard Russell\u003c\/b\u003e, \u003ci\u003eDow Theory Letters\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eRichard Duncan crisply explains why payback time for years of credit excesses, payments imbalances and securitized sub-par lending is imminent. Mr Greenspan, your time is up.\u003cbr\u003e \u003ci\u003e--\u003cb\u003eInternational Herald Tribune\u003c\/b\u003e\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eRichard Duncan's excellent book... we cannot recommend it enough.\u003cbr\u003e \u003cb\u003e--Bill Bonner, \u003c\/b\u003e \u003ci\u003eThe Daily Reckoning\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eRichard Duncan... is one of the brightest financial analysts I know. Richard is the author of one of my favorite books called \u003ci\u003eThe Dollar Crisis: Causes, Consequences, Cures\u003c\/i\u003e.\u003cbr\u003e \u003cb\u003e--John Mauldin\u003c\/b\u003e, \u003ci\u003eThoughts from the Frontline\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eFor a preview of how it might play out, consult Richard Duncan's recently revised book, \u003ci\u003eThe Dollar Crisis: Causes, Consequences, Cures\u003c\/i\u003e. Just try to sleep after digesting its thesis that the world's biggest economy is looking like a huge and growing Ponzi scheme.\u003cbr\u003e \u003cb\u003e--William Pesek Jr\u003c\/b\u003e., \u003ci\u003eInternational Herald Tribune\u003c\/i\u003e\u003c\/p\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eREVIEWS FROM THE FIRST EDITION\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\"Posterity may remember \u003ci\u003eThe Dollar Crisis \u003c\/i\u003eas a seminal book in the field of twenty-first century economics. Indeed, rarely has a book offered such a grim yet well argued view of the current economic situation facing the world.\" \u003c\/p\u003e\u003cp\u003e--\u003cb\u003eSteven Irvine\u003c\/b\u003e\u003cbr\u003e FinanceAsia \u003c\/p\u003e\u003cp\u003e\"Richard Duncan crisply explains why payback time for years of U.S. credit excesses, payments imbalances, and securitized sub-par lending is imminent. Mr. Greenspan, your time is up.\" \u003c\/p\u003e\u003cp\u003e--\u003cb\u003ePhilip Bowring\u003c\/b\u003e \u003cbr\u003e \u003ci\u003eInternational Herald Tribune\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003eIn this revised edition of the highly acclaimed international bestseller, \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. \u003c\/p\u003e\u003cp\u003e\u003ci\u003eThe Dollar Crisis\u003c\/i\u003e is divided into five parts.The first four parts have been left as they appeared in the original edition of the book. The seven chapters that comprise Part Five are entirely new. \u003c\/p\u003e\u003cp\u003ePart One describes how the U.S. trade deficits, which now exceed U.S.$1 million a minute, have destabilized the global economy by creating a worldwide credit bubble. \u003c\/p\u003e\u003cp\u003ePart Two explains why these giant deficits cannot persist and why a U.S. recession and a collapse in the value of the dollar are unavoidable. \u003c\/p\u003e\u003cp\u003ePart Three analyzes the extraordinarily harmful impact that a U.S. recession and collapse of the dollar would have on the rest of the world. \u003c\/p\u003e\u003cp\u003ePart 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. \u003c\/p\u003e\u003cp\u003ePart Five 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 is unlikely to succeed. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eThe dollar standard is inherently flawed and increasingly unstable. Its collapse will be the most important economic event of the twenty-first century.\u003c\/b\u003e\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eRICHARD DUNCAN\u003c\/b\u003e has worked as a financial analyst in Asia for more than 18 years, conducting research and publishing investment reports on companies, industries, and economies from India to Japan. One of the first to warn of the impending economic crisis in Thailand in the mid-1990s, Mr. Duncan worked as a consultant for the International Monetary Fund at the height of the Asian financial crisis and subsequently joined the World Bank in Washington, D.C. Mr. Duncan currently works for ABN AMRO Asset Management as an analyst of Asian banks and insurance companies.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 288\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.11 x 9.07 x 6.05 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e June 01, 2005\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":42723987456063,"sku":"9780470821701","price":41.94,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0105\/8226\/1823\/files\/e322ac3853227d69bdaee9f6d8889903.webp?v=1765101072","url":"https:\/\/dhlswag.com\/products\/the-dollar-crisis-causes-consequences-cures-paperback","provider":"BBB","version":"1.0","type":"link"}