Электронная книга: Richard Duncan «The Dollar Crisis. Causes, Consequences, Cures»

The Dollar Crisis. Causes, Consequences, Cures

In this updated, second edition of the highly acclaimed international best seller, The Dollar Crisis: Causes, Consequences, Cures, 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. The Dollar Crisis is divided into five parts: Part One 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. Part Two explains why these giant deficits cannot persist and why a US recession and a collapse in the value of the Dollar are unavoidable. Part Three analyzes the extraordinarily harmful impact that the US recession and the collapse of the Dollar will have on the rest of the world. Part 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. Part Five, 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. The Dollar Standard is inherently flawed and increasingly unstable. Its collapse will be the most important economic event of the 21st Century.

Издательство: "John Wiley&Sons Limited (USD)"

ISBN: 9781118177082

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Richard Duncan

Richard Duncan (??-February 1819) was a soldier, judge and political figure in Upper Canada.

He was born in Berwick-upon-Tweed, England. He came to New York state in 1755 with his father, who was a lieutenant in the British Army, and joined the army himself in 1758. After the end of the Seven Years' War, he was involved in the fur trade in the Great Lakes area until 1765 when he rejoined the army. He fought with the loyalist troops during the American Revolution. After John Burgoyne's surrender at Saratoga, he went to Quebec and joined the loyalist troops there.

In 1788, he became a judge and a member of the land board in the Lunenburg District. In 1792, he became lieutenant for the county of Dundas and a member of the Legislative Council of Upper Canada. Duncan spent much of his time looking after his business interests in New York and was dropped from the council for non-attendance in 1805.

He died near Schenectady, New York in 1819.

External links

* [http://www.biographi.ca/009004-119.01-e.php?&id_nbr=2383 Biography at the "Dictionary of Canadian Biography Online"]

Источник: Richard Duncan

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