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The Storm

The World Economic Crisis and What It Means

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About this listen

 In this brilliant analysis, Vincent Cable explains the causes of the world economic crisis and how we should respond to its challenges. He shows that although the downturn is global, the complacency of the British government has left Britain badly exposed. He argues that policy makers must keep their faith in liberal markets if the remarkable advances in living standards globally are to be maintained.©2009 Vince Cable (P)2009 WF Howes Ltd Economics Microeconomics Politics & Government Banking Taxation Capitalism Government Economic disparity Export Economic Inequality Tariff Economic Policy Global Financial Crisis Liberalism Great Recession Socialism US Economy Deflation
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Even 8 years after publication this book is terrifyingly accurate in its diagnosis of the credit crunch and with great foresight Cable predicts the political crisis that has since followed. Although even Cable doesn't contemplate just how inward looking and isolationist the world would become. He prescribes a tonic of more open markets and better regulation, alas, in today's post-Brexit world this looks ever less likely. A worthy read for anyone who wants to understand the roots of both Brexit and Trump.

Cable gets it spot on

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