Financial crises and renewal of empires

Financial crises and renewal of empires PDF

Author: Thomas Flichy

Publisher: Lulu.com

Published: 2012-09-28

Total Pages: 42

ISBN-13: 1291097333

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Financial crises, which are currently perceived as the dark side of economic cycles, also represent one of the most obvious remedies to the decline of empires. Paradoxically, far-ranging economic crises have not necessarily accelerated the downfall of civilizations. The times of economic crises, whose apparent calamities weaken the Empires, can prove periods of renewal. In Hellenistic Greece and early modern Venice, the economic difficulties have not been sharp enough to favour the emergence of a new elite capable of slowing down the decline of the Empires. In Rome and Byzantium on the reverse, the spectacular financial crises have spawned the emergence of a new military elite. This new-born aristocracy, spared from nihilism thanks to its culture of realities and devoted to the protection of life, has skilfully exploited the difficulties generated by the crisis, thus enabling the renaissance of Empires.

Empire of Debt

Empire of Debt PDF

Author: William Bonner

Publisher: John Wiley & Sons

Published: 2011-01-06

Total Pages: 417

ISBN-13: 1118040546

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In Empire of Debt, maverick financial writers Bill Bonner and Addison Wiggin provide you with the first in-depth look at how the American character has shifted to accommodate its new imperial role; how we have abandoned the private virtues of personal liberty, economic freedom, and fiscal restraint; and how the government has gained control of public life and the economy.

The New Empire of Debt

The New Empire of Debt PDF

Author: William Bonner

Publisher: John Wiley & Sons

Published: 2009-07-30

Total Pages: 371

ISBN-13: 0470528710

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An updated look at the United States' precarious position given the recent financial turmoil In The New Empire of Debt, financial writers Bill Bonner and Addison Wiggin return to reveal how the financial crisis that has plagued the United States will soon bring an end to this once great empire. Throughout the book, the authors offer an updated look at the United States' precarious position given the recent financial turmoil, and discuss how government control of the economy and financial system-combined with unfettered deficit spending and gluttonous consumption-has ravaged the business environment, devastated consumer confidence, and pushed the global economy to the brink. Along the way, Bonner and Wiggin cast a wide angle lens that looks back in history and ahead to the coming century: showing how dramatic changes in the economic power of the United States will inevitably impact every American. Reveals the financial realities the United States currently faces and what the ultimate outcome may be Weaves together the worlds of politics, economics, and personal finance in a way that underscores the severity of the situation Addresses the events leading up to the implosion of the U.S. financial system Looks ahead to help you avoid the pitfalls presented by a weaker United States Other titles by Bonner: Empire of Debt, Financial Reckoning Day, and Mobs, Messiahs, and Markets Other titles by Wiggin: I.O.U.S.A., Demise of the Dollar, and Financial Reckoning Day The United States is heading down a difficult path. The New Empire of Debt clearly shows how this has happened and discusses what you can do to overcome the financial challenges that will arise as the situation deteriorates.

Summary: Empire of Debt

Summary: Empire of Debt PDF

Author: BusinessNews Publishing,

Publisher: Primento

Published: 2017-01-30

Total Pages: 19

ISBN-13: 2511000687

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The must-read summary of William Bonner and Addison Wiggin's book: “Empire of Debt: The Rise of an Epic Financial Crisis”. This complete summary of "Empire of Debt" by William Bonner and Addison Wiggin, two bestselling financial authors, presents the writers' in-depth look at the economic position of the US and explain what led to the situation where government control of the economy, deficit spending and fearless military adventurism have replaced the successful American traditions and values. Added-value of this summary: • Save time • Understand what led to the financial crisis and how to manage your personal spending • Expand your knowledge of American society and global economics To learn more, read "Empire of Debt" and discover how politics and economics are closely intertwined, particularly in the wake of a serious financial crisis.

Empire's Tracks

Empire's Tracks PDF

Author: Manu Karuka

Publisher: University of California Press

Published: 2019-01-29

Total Pages: 318

ISBN-13: 0520296648

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Empire’s Tracks boldly reframes the history of the transcontinental railroad from the perspectives of the Cheyenne, Lakota, and Pawnee Native American tribes, and the Chinese migrants who toiled on its path. In this meticulously researched book, Manu Karuka situates the railroad within the violent global histories of colonialism and capitalism. Through an examination of legislative, military, and business records, Karuka deftly explains the imperial foundations of U.S. political economy. Tracing the shared paths of Indigenous and Asian American histories, this multisited interdisciplinary study connects military occupation to exclusionary border policies, a linked chain spanning the heart of U.S. imperialism. This highly original and beautifully wrought book unveils how the transcontinental railroad laid the tracks of the U.S. Empire.

Empire and Dissent

Empire and Dissent PDF

Author: Fred Rosen

Publisher: Duke University Press

Published: 2008-09-29

Total Pages: 285

ISBN-13: 0822381443

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Since the early nineteenth century, the United States has repeatedly intervened in the affairs of Latin American nations to pursue its own interests and to “protect” those countries from other imperial powers or from internal “threats.” The resentment and opposition generated by the encroachment of U.S. power has been evident in the recurrent attempts of Latin American nations to pull away from U.S. dominance and in the frequent appearance of popular discontent and unrest directed against imperialist U.S. policies. In Empire and Dissent, senior Latin Americanists explore the interplay between various dimensions of imperial power and the resulting dissent and resistance. Several essays provide historical perspective on contemporary U.S.–hemispheric relations. These include an analysis of the nature and dynamics of imperial domination, an assessment of financial relations between the United States and Latin America since the end of World War II, an account of Native American resistance to colonialism, and a consideration of the British government’s decision to abolish slavery in its colonies. Other essays focus on present-day conflicts in the Americas, highlighting various modes of domination and dissent, resistance and accommodation. Examining southern Mexico’s Zapatista movement, one contributor discusses dissent in the era of globalization. Other contributors investigate the surprisingly conventional economic policies of Brazil’s president, Luiz Inácio Lula da Silva; Argentina’s recovery from its massive 2001 debt default; the role of coca markets in the election of Bolivia’s first indigenous president, Evo Morales; and the possibilities for extensive social change in Venezuela. A readers’ guide offers a timeline of key events from 1823 through 2007, along with a list of important individuals, institutions, and places. Contributors: Daniel A. Cieza, Gregory Evans Dowd, Steve Ellner, Neil Harvey, Alan Knight, Carlos Marichal, John Richard Oldfield, Silvia Rivera, Fred Rosen, Jeffrey W. Rubin

Empire on the Nile

Empire on the Nile PDF

Author: M. W. Daly

Publisher: Cambridge University Press

Published: 2004-01-29

Total Pages: 562

ISBN-13: 9780521894371

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Essential background for an understanding of the social and economic issues confronting the Sudan today.

American Empire and the Political Economy of Global Finance

American Empire and the Political Economy of Global Finance PDF

Author: L. Panitch

Publisher: Springer

Published: 2008-07-24

Total Pages: 334

ISBN-13: 0230227678

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In a lively critique of how international and comparative political economy misjudge the relationship between global markets and states, this book demonstrates the central place of the American state in today's world of globalized finance. The contributors set aside traditional emphases on military intervention, looking instead to economics.

The Financial Crisis of Our Time

The Financial Crisis of Our Time PDF

Author: Robert W. Kolb

Publisher: Oxford University Press

Published: 2011-01-28

Total Pages: 424

ISBN-13: 0199781303

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In 2006 residential real estate prices peaked and started to fall, then threatened the world's financial institutions in 2007, and confronted the global economy with disaster in 2008. In the past few years, millions of people have lost very substantial portions of their wealth. And while the markets have rebounded considerably, they are still far from a full recovery. Now, professional economists, policy experts, public intellectuals, and the public at large are all struggling to understand the crisis that has engulfed us. In The Financial Crisis of Our Time, Robert W. Kolb provides an essential, comprehensive review of the context within which these events unfolded, arguing that while the crisis had no single cause, housing finance played a central role, and that to understand what happened, one must comprehend the mechanism by which the housing industry came into crisis. Kolb offers a history of the housing finance system as it developed throughout the twentieth century, and especially in the period from 1990 to 2006, showing how the originate-to-distribute model of mortgage financing presented market participants with a "clockwork of perverse incentives." In this system, various participants-simply by pursuing their narrow personal interests-participated in an elaborate mechanism that led to disaster. The book then gives a narrative of the crisis as it developed and analyzes all of the participants in the housing market, from the home buyers to investors in collaterialized debt obligations (CDOs). At each step, the book explains in a nontechnical manner the essential relationships among the market participants and zeroes in on the incentives facing each party. The book also includes an extensive glossary and a detailed, authoritative timeline of the subprime financial crisis. Offering a unique look at the participants and incentives within the housing finance industry and its role in the biggest financial catastrophe in recent history, Robert W. Kolb provides one of the most comprehensive and illuminating accounts of the events that will be studied for decades to come as the financial crisis of our time.