This book answers the question: can anything be done to prevent a new financial crisis or minimize its impact? It analyses the main elements responsible for the 2007/2009 financial crisis and assesses the extent to which they are still present today, and finds that there is a high risk of a new bubble developing.
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"[T]his is a very useful book, especially for the non-specialist reader, since it defines the many financial concepts and institutions that were involved in the greatest financial meltdown in modern times in a way that is easily understandable. Furthermore, it analyses the issues related to the evolution and handling of the crisis by the authorities in light of recent developments in economic theory by referring to a vast amount of economic and financial literature."
Guillermo J. Escudé, European Journal of Economics and Economic Policies
Guillermo J. Escudé, European Journal of Economics and Economic Policies