The Global Recession Risk
Carlos M. Pelaez
Gebundenes Buch

The Global Recession Risk

Dollar Devaluation and the World Economy

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A fire sale of US debt could cause a global recession through disorderly devaluation of the dollar, raising interest rates and crashing stock markets. The G7 doctrine of shared responsibility intends to coordinate regional efforts. This book analyzes the main issues and individual regions, including China, Japan, the EU and the USA.